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Q.1-10. Read the following sentence carefully which is divided into four parts i.e (A), (B), (C), (D). Among the four parts two are correct and two are grammatically wrong. Choose the options which are grammatically correct and mark your answer accordingly. In case all the parts are correct mark (5) as your answer.
Q.1. Digitization is no longer just a buzzword: (A)/ from retail and IT to banking and logistics, (B)/ businesses across the spectrum are looking to get in on (C)/ what is popularly being hailed as the fourth industrial revolution.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.2. Department of pharmaceuticals (DoP) has set up (A)/ a high-level committee comprising of experts to assist (B)/ on matters of pricing and launch of new drugs (C)/ to help resolve issues in a time-bound manner.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.3. To get a deeper perspective, Tetra Pak commissioned the Institute for the Future (IFTF), (A)/ an independent research group based on Silicon Valley, (B)/ to help identify the disruptions and opportunities (C)/ that will impact the food and packaging industry at 2030.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.4. The rise in digital technologies and innovations (A)/ have created a paradigm shift (B)/ affecting the entire global food system—from farms and supermarkets (C)/ in our kitchens and dinner tables.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.5. The euphoria over US Senate (A)/ clearing a sweeping tax overhaul (B)/ that includes a permanent cut in the corporate tax rate (C)/ to 20% from 35% must be temper with caution.(D)
(1) Both A and B
(2) Both B and C
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.6. Anon-partisan US Senate Joint Committee (A)/ on Taxation has warned that the tax cuts (B)/ would add significantly to the federal deficit (C)/ —$1trillion over a decade.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.7. The fact that taxation is local while business is global (A)/ gives rise to numerous tax planning opportunities (B)/ that brought the share of corporate income tax (C)/ in advanced country revenues to absurd low levels.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.8. The joint stock company with limited liability (A)/ has been the engine of capitalist growth and the enabler of the miracles (B)/ it has wrought and revolutionising technology and the production of new technology. (C)/ Yet, in India, the attitude to limited liability has been cavalier. (D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
Q.9. Railway Board chairman called for (A)/ organisation and structural reforms to transform (B)/ the Indian Railways (IR) onto a (C)/ commercially viable enterprise.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and D
(4) Both C and D
(5) All of the above
Q.10. The Department of pharmaceuticals has clearly defined (A)/ the terms of reference for the committee, (B)/ citing that the new committee be entrusted to deliberate (C)/ and recommend its opinion on the claims of pharma industry.(D)
(1) Both A and B
(2) Both B and D
(3) Both A and C
(4) Both C and D
(5) All of the above
ANSWERS
Q.1. (5)
Q.2. (4)
Q.3. (3)
Q.4. (3)
Q.5. (2)
Q.6. (5)
Q.7. (1)
Q.8. (5)
Q.9. (3)
Q.10. (5)