Was Grandpa lost as feared by Ravi's mother?
No, Grandpa was not lost as feared by Ravi's mother. Although Ravi's mother was deeply concerned about his safety and had strictly instructed Ravi not to let him go out alone, Grandpa managed to navigate the city by himself.
When Ravi lost sight of Grandpa's yellow cap and couldn't find him at the barber shop or the park, he became frantic and worried that Grandpa wouldn't find his way back. However, to Ravi's great relief, Grandpa had safely returned home on his own.
Ravi found him sleeping comfortably in his bedroom. Not only did Grandpa find his way back without any trouble, but he also brought a gift-wrapped parcel for Ravi, proving he was completely fine and not lost at all.
Explanation
The question asks whether Grandpa was lost as Ravi's mother feared. The context clearly shows that despite Ravi's panic when he couldn't find Grandpa at the park or barber shop, Grandpa safely returned home. He was found snoring in his bedroom and even had the wherewithal to buy a gift for Ravi, proving he was not lost.