Small Quiz

1

QUESTION 1

Mark the option which contains error parts as your answer. If no part contains error mark option E as your answer

(A) An insidious option open to politicians is to change the facts on the ground, so as to force a change in the conclusion based /(B) on judicial interpretation of the facts involved. The installation of a statue inside the place of worship /(C) in 1951 in the dead of the night is an example of altering /(D) the facts in this fashion. Demolition of the structure is another.

 

 An insidious option open to politicians is to change the facts on the ground, so as to force a change in the conclusion based

 on judicial interpretation of the facts involved. The installation of a statue inside the place of worship

in 1951 in the dead of the night is an example of altering

the facts in this fashion. Demolition of the structure is another.

NE

QUESTION 2

(A) The president  in his trademark chuckle, gave proof to the fact that a wise man wears /(B) his wisdom lightly. /(C) He also saw no contradiction in his being a poet  as well as a hard-nosed leader who knew his own negotiating prowess from the nitpickings of others. /(D) His poetries , written during his year-end vacations at Ooty in TN in winter 1999 — his ‘Musings’ from Rameshwaram three months  later were much tactical to placate a confused-by-his-liberalism organisation — were not just paternal ‘fireside chats’ to the nation.

The president  in his trademark chuckle, gave proof to the fact that a wise man wears

his wisdom lightly.

He also saw no contradiction in his being a poet  as well as a hard-nosed leader who knew his own negotiating prowess from the nitpickings of others.

His poetries , written during his year-end vacations at Ooty in TN in winter 1999 — his ‘Musings’ from Rameshwaram three months  later were much tactical to placate a confused-by-his-liberalism organisation — were not just paternal ‘fireside chats’ to the nation.

NE

QUESTION 3

(A) A former finance minister  appointed the Mukherji panels on direct and indirect taxes, whose recommendations guided /(B) subsequent reform under the Congress. /(C) To shift from trudge to trot along the same path is management. To change tack calls for leadership. /(D) BJP  thought outside the box on J$K and our arch enemy. His offer to settle J$K’s outstanding problems in the light of humanity, democracy and the Kashmiri spirit remains to be bettered.

A former finance minister  appointed the Mukherji panels on direct and indirect taxes, whose recommendations guided

subsequent reform under the Congress.

To shift from trudge to trot along the same path is management. To change tack calls for leadership.

BJP  thought outside the box on J$K and our arch enemy. His offer to settle J$K’s outstanding problems in the light of humanity, democracy and the Kashmiri spirit remains to be bettered.

NE

QUESTION 4

(A) Scrapping state monopoly over coal and the Insolvency and Bankruptcy Code are two path breaking reforms Vajpayee /(B) can claim credit for. /(C) However, his assertion that no one can take the law in their own hands is not enough amends /(D) for the gradual spread of a culture of mob violence, often with political patronage.

Scrapping state monopoly over coal and the Insolvency and Bankruptcy Code are two path breaking reforms Vajpayee

can claim credit for.

However, his assertion that no one can take the law in their own hands is not enough amends

for the gradual spread of a culture of mob violence, often with political patronage.

NE

QUESTION 5

(A) Panjab National Bank, with its pan-India operations and hinterland reach, cannot be immuned. /(B) The PNB management’s initial .`64K-crore bad-debt forecast was based on the expected performance /(C) of farm loans, but farm loan waivers have begun to bite as state governments delay their payment to the banks. Corporate loans will also cause pain, /(D) though the bank is ignoring the threat now.

Panjab National Bank, with its pan-India operations and hinterland reach, cannot be immuned.

The PNB management’s initial .`64K-crore bad-debt forecast was based on the expected performance

of farm loans, but farm loan waivers have begun to bite as state governments delay their payment to the banks. Corporate loans will also cause pain,

though the bank is ignoring the threat now.

NE

QUESTION 6

(A) Frequent rainfall events and heatwaves have become annual features — North India experienced once-in-a-hundred years /(B) floods this year, other states in the recent past. /(C) Scientists warn that extreme weather events are likely to recur as the upward trend of warming is yet to planes. /(D) Warming of the Arctic region is exacerbating heat- and precipitation-related weather events.

Frequent rainfall events and heatwaves have become annual features — North India experienced once-in-a-hundred years

floods this year, other states in the recent past.

Scientists warn that extreme weather events are likely to recur as the upward trend of warming is yet to planes

Warming of the Arctic region is exacerbating heat- and precipitation-related weather events.

NE

QUESTION 7

(A) Sukhveer’s professional qualification as a banker and long, intimate acquaintance with the /(B) commercial world should be assets for a chairman of the Overseas bank. /(C) But Sukhveer is not just a successful banker. /(D) He is a man of strong views, good at articulation them and even edits a journal to propagate them.

Sukhveer’s professional qualification as a banker and long, intimate acquaintance with the

commercial world should be assets for a chairman of the Overseas bank.

But Sukhveer is not just a successful banker

He is a man of strong views, good at articulation them and even edits a journal to propagate them.

NE

QUESTION 8

(A) We know that the policy paralysis after termination of licences in 2006 once again halved growth /(B) from 9.6% to 4.3% in the two years to 2008-9. /(C) The govt.  retrieved some ground  as growth rose to 5.2% in 2010-11) but by then /(D) has earned a reputation retrospective numbers cannot undo.

We know that the policy paralysis after termination of licences in 2006 once again halved growth

from 9.6% to 4.3% in the two years to 2008-9

The govt.  retrieved some ground  as growth rose to 5.2% in 2010-11) but by then

has earned a reputation retrospective numbers cannot undo

NE

QUESTION 9

(A) Imagine a cement factory that straddles the border between two territories: /(B) the stone is crushed in one state and it  is transported to and converted to /(C) cement  in the part of the factory that lies in the other state. Would this constitute supply that attracts goods and services tax? /(D) A tax on intracompany supply of services will lead to valuation challenges, transfer pricing disputes, raising the compliance burden needlessly and yield little tax.

Imagine a cement factory that straddles the border between two territories:

the stone is crushed in one state and it  is transported to and converted to

cement  in the part of the factory that lies in the other state. Would this constitute supply that attracts goods and services tax?

A tax on intracompany supply of services will lead to valuation challenges, transfer pricing disputes, raising the compliance burden needlessly and yield little tax.

NE

QUESTION 10

(A) No fewer than 416 serving officers of the paramilitary  have moved the Court demanding that /(B) actions of armymen in areas where the Armed Forces Special Powers Act /(C) is in force is beyond legal scrutiny. /(D) This must be treated as an act of indiscipline.

No fewer than 416 serving officers of the paramilitary  have moved the Court demanding that

actions of armymen in areas where the Armed Forces Special Powers Act

is in force is beyond legal scrutiny.

This must be treated as an act of indiscipline

NE