General English Practice Question and Answer

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Answer : 4. "Only (iii) "

Q:

Directions: Read the following passage carefully and answer the questions given below it. Certain words have been printed in bold to help you locate them while answering some of the questions.
   
Indeed the western recession is really the beginning of good news for India! But to understand that we will have to move away for a while from the topic of western recession . . . . . . . to the Japanese recession! For years the Japanese style of management has been admired. However, over the last decade or so, one key question has sprung up ‘if Japanese management style is as wonderful as described then why has Japan been in a recession for more than a decade?'
The answer to this question is very simple. Culture plays a very important part in shaping up economies. What succeeds in one culture fails in another. Japanese are basically nonmaterialistic. And however rich they become, unlike others, they cannot just keep throwing and buying endlessly. And once they have everything they need; there is a saturation point. It was only when companies like Toyota realized that they cannot keep selling cars endlessly to their home market that they went really aggressive in the western markets-and the rest is history. Japanese companies grew bigger by catering to the world markets when their home markets shrunk.

served equally well. They were lured through advertising and marketing techniques of ‘dustbinisation' of the customer; and then finally, once they became ready customers, they were given loans and credits to help them buy more and more. When all the creditworthy people were given loans to a logical limit, they ceased to be a part of the market. Even this would have been understandable if it could work as an eye-opener. Instead of taking the 'Right Step' as Toyota did, they preferred to take a 'shortcut'. Now banks went to the noncredit worthy people and gave them loans. The people expectedly defaulted and the entire system collapsed.

Now like Toyota western companies will learn to find new markets. They will now lean towards India because of its common man! The billion-plus population in the next 25 years will become, a consuming middle-class. Finally, there will be a real surge in income of these people and in the next fifty odd years, one can really hope to see an equal world in terms of material plenty, with poverty being almost nonexistent! And this will happen not by selling more cars to Americans and Europeans. It will happen by creating markets in India, China, Latin America and Africa, by giving their people purchasing power and by making products for them.
The recession has made us realize that it is not because of worse management techniques, but because of limits to growth. And they will realize that it is great for planet earth. After all, how many cars and houses must the rich own before calling it enough? It's time for them to look at others as well. Many years back, to increase his own profits, Henry Ford had started paying his workers more, so that they could buy his cars. In similar fashion, now the developed world will pay the developing world people so that they can buy their cars and washing machines.
The recession will kick - start the process of making the entire world more prosperous, and lay the foundation of limits to growth in the west and the foundation of real globalization in the world - of the globalization of prosperity. And one of its first beneficiaries will be India. 

How does the author foresee the future globalization as an analogy to Henry Ford's example?
(A) Car companies would start selling cars in developing countries as well.
(B) By paying the developing world the developed world would increase its own profit, in turn bring in affluence to developing world as well.
(C) To earn profit, the companies in developing countries would move to foreign land. 

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    Only A
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    Wrong
  • 2
    Only B
    Correct
    Wrong
  • 3
    Only C
    Correct
    Wrong
  • 4
    Only A and C
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Only B "

Q:

Direction: In the following question, choose the word opposite in meaning to the given word.

Pathetic

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    dramatic
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  • 2
    trivial
    Correct
    Wrong
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    comic
    Correct
    Wrong
  • 4
    ridiculous
    Correct
    Wrong
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Answer : 1. "dramatic"

Q:

Read the passage carefully and give the answer of following questions.
A glass bottle that is sent to a landfill can take up to a million years to break down. By contrast, it takes as little as 30 days for a recycled glass bottle to leave your kitchen recycling bin and appear on a store shelf as a new glass container. Glass container are 100 percent recyclable, which means they can be recyclable repeatedly, again and again, with no loss of purify or quality in the glass. Recovered glass from glass recycling is the primary ingredient in all new glass containers. A typical glass container is made of as much as 70 percent recycled glass. According to industry estimates, 80 percent of all recycled glass eventually ends up as new glass containers. Every ton of glass that is recycled save more than a ton of the raw materials needed to create new glass, including 13,00 pounds of sand, 410 pounds of soda ash, and 380 pounds of limestone.
Because glass is made from natural materials such as sand and limestones, glass containers have a low rate of chemical interaction with their contents. As a result, glass can be safety reused.
Besides serving as the primary ingredient in new glass containers, recycled glass also has many other commercial uses-from creating decorative tiles and landscaping materials to rebuilding eroded beaches.

Recycling glass will help the-

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    Industrialists
    Correct
    Wrong
  • 2
    government
    Correct
    Wrong
  • 3
    environment
    Correct
    Wrong
  • 4
    bureaucrats
    Correct
    Wrong
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Answer : 3. "environment"

Q:

Directions: Read the following passage and answer the questions as directed.

Start-ups troubled by the so-called angel tax may soon receive some (A)______from the government. On Monday, the Centre set up a five-member working committee to look into revising the (B)norms of the angel tax imposed on start-ups. The tax, which was first introduced in 2012 to curb money-laundering through the (i) at bloated prices, has caused a lot of anguish among start-up investors in the country. Start-up owners have complained that income tax officials have asked many start-ups to cough up money when they try to attract capital into their entities by issuing new shares. For its part, the IT department fears that start-ups may be used as convenient tools to launder illegally acquired money, so a tax on investments beyond a certain threshold is (ii). (C) But while the (1) unintended of such an angel tax may be (2) benefits, the arbitrary nature of it means the cost of (3) intent consequences could be larger than the supposed (4) justifiable. In trying to curb money-laundering, Section 56(2)(viib) of the Indian Income Tax Act, 1961 gives income tax officials a free hand to harass even genuine start-ups looking to raise investments for their growth. Under the Act, the IT department is free to arbitrarily decide the fair value of a company’s share and tax start-ups if the price at which their new shares are sold to investors is higher than the fair value of these shares. The broad-brush tax on all investments means an unnecessary cost is (iii)community simply because of the lack of better means at the government’s disposal to tackle black money.

The committee set up by the government will, among other things, consider raising the threshold beyond which new investments into start-ups will be taxed. It is expected that start-ups with aggregate paid-up share capital and share premium of less than ₹25 crore, against the previous threshold of only ₹10 crore, will not be taxed while attracting new investment. This would definitely make life easier to a certain extent for angel investors and start-ups. But it will not address the real problem with the angel tax, which has to do with the unbridled power that it vests in the hands of the income tax authorities. Investors, foreign or domestic, may become wary of investing in new ideas when they are taxed while risking money on untested ventures. So the government should look to withdraw the angel tax and focus instead on building the capability to better identify and rein in illegal wealth. Otherwise it risks killing the nascent start-up ecosystem in the country.

The sentence given in C has four words given in bold. Amongst given bolded words, which of the followings must replace each other to make the sentence contextually correct and meaningful.

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  • 1
    2-4
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  • 2
    1-3
    Correct
    Wrong
  • 3
    1-4
    Correct
    Wrong
  • 4
    3-4
    Correct
    Wrong
  • 5
    Both (a) and (b)
    Correct
    Wrong
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Answer : 5. "Both (a) and (b)"

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