Comprehension Test Questions and Answers Practice Question and Answer

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
    Correct
    Wrong
  • 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)"

Q:

Directions: Read the following passage carefully and answer the questions given below it. Certain parts are given in bold to answer some of the questions based on the passage.
 Sometimes to upend entrenched power structures, a revolution is required. Naming and shaming powerful men in the #Metoo campaign is in many ways a revolutionary act. The truth about most was known, spoken in whispers, but not to their face. But now that omerta has been broken by some intrepid women , there’s a palpable sense of power and possibility. 

Revolutions are by definition anarchic, as they are aimed against those who make and enforce the rules. So it has been with #MeToo. Men are named, sometimes anonymously, and the naming itself requires punitive action to be taken against them. There isn’t really any room for discussion on context or degree of culpability. Some have raised questions about due process, and the response has been, somewhat reasonably, that due process has failed. And it is true, arguing for due process when due process has failed feels a bit like batting for status quo. So let it be said, #MeToo despite its limitations is unreservedly a good development. However, the question is, what next? The #MeToo movement is more than just outing powerful men, it is about shifting the balance of power between men and women, transferring the punitive aspects — shame, denial of work opportunities — from the victim to the perpetrator. It is about ending impunity embedded in our social construct by shaping new social mores. This is and has to be a collective effort, and it is important for the #MeToo movement to have these discussions.

Let the burden of shame now be shifted to where it is supposed to- the perpetrators and not the women; the victims. It’s the woman who has to hide from the world. And by and large, due to this very fact prevailing in Indian society that many women ultimately choose to leave their jobs, or seek employment elsewhere, when they confront inappropriate behaviour from their colleagues.

Another very important aspect which should be taken care of is that of equality, where there’s no inhibitions, no sense of caution. Women need healthy camaraderie in place of needless caution. Respect, not condescension. They would like colleagues to engage with them, not be patronising. And the fact that they are still having to demand these is telling.

Which of the following is most similar in meaning to “PALPABLE” ?

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  • 1
    enraged
    Correct
    Wrong
  • 2
    disgusted
    Correct
    Wrong
  • 3
    nefarious
    Correct
    Wrong
  • 4
    noticeable
    Correct
    Wrong
  • 5
    disputable
    Correct
    Wrong
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Answer : 4. "noticeable"

Q:

Directions: Read the following passage carefully and answer the questions given below it. Certain parts are given in bold to answer some of the questions based on the passage.
 Sometimes to upend entrenched power structures, a revolution is required. Naming and shaming powerful men in the #Metoo campaign is in many ways a revolutionary act. The truth about most was known, spoken in whispers, but not to their face. But now that omerta has been broken by some intrepid women , there’s a palpable sense of power and possibility. 

Revolutions are by definition anarchic, as they are aimed against those who make and enforce the rules. So it has been with #MeToo. Men are named, sometimes anonymously, and the naming itself requires punitive action to be taken against them. There isn’t really any room for discussion on context or degree of culpability. Some have raised questions about due process, and the response has been, somewhat reasonably, that due process has failed. And it is true, arguing for due process when due process has failed feels a bit like batting for status quo. So let it be said, #MeToo despite its limitations is unreservedly a good development. However, the question is, what next? The #MeToo movement is more than just outing powerful men, it is about shifting the balance of power between men and women, transferring the punitive aspects — shame, denial of work opportunities — from the victim to the perpetrator. It is about ending impunity embedded in our social construct by shaping new social mores. This is and has to be a collective effort, and it is important for the #MeToo movement to have these discussions.

Let the burden of shame now be shifted to where it is supposed to- the perpetrators and not the women; the victims. It’s the woman who has to hide from the world. And by and large, due to this very fact prevailing in Indian society that many women ultimately choose to leave their jobs, or seek employment elsewhere, when they confront inappropriate behaviour from their colleagues.

Another very important aspect which should be taken care of is that of equality, where there’s no inhibitions, no sense of caution. Women need healthy camaraderie in place of needless caution. Respect, not condescension. They would like colleagues to engage with them, not be patronising. And the fact that they are still having to demand these is telling.

What kind of environment does the writer advocate for women in conclusion of the passage?

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    workplace with maximum security
    Correct
    Wrong
  • 2
    men should fear and give respect to women
    Correct
    Wrong
  • 3
    healthy camaraderie instead of needless caution
    Correct
    Wrong
  • 4
    meen need not patronising women
    Correct
    Wrong
  • 5
    Both 3 and 4
    Correct
    Wrong
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Answer : 5. "Both 3 and 4"

Q:

Read the passage carefully and answer the question accordingly.

The saddest part of life lies not in the act of dying, but in failing to truly live while we are alive. Too many of us play small with our lives, never letting the fullness of our humanity see the light of day. I’ve learned that what really counts in life, in the end, is not how many toys we have collected or how much money we’ve accumulated, but how many of our talents we have liberated and used for a purpose that adds value to this world. What truly matters most are the lives we have touched and the legacy that we have left. Tolstoy put it so well when he wrote: “We live for ourselves only when we live for others.” It took me forty years to discover this simple point of wisdom.

Forty long years to discover that success cannot really be pursued. Success ensues and flows into your life as the unintended yet inevitable byproduct of a life spent enriching the lives of other people. When you shift your daily focus from a compulsion to survive towards a lifelong commitment to serve, your existence cannot help but explode into success. I still can’t believe that I had to wait until the “half-time” of my life to figure out that true fulfillment as a human being comes not from achieving those grand gestures that put us on the front pages of the newspapers and business magazines, but instead from those basic and incremental acts of decency that each one of us has the privilege to practice each and every day if we simply make the choice to do so. Mother Teresa, a great leader of human hearts if ever there was one, said it best: “There are no great acts, only small acts done with great love.” I learned this the hard way in my life. Until recently, I had been so busy striving, I had missed out on living. I was so busy chasing life’s big pleasures that I had missed out on the little ones, those micro joys that weave themselves in and out of our lives on a daily basis but often go unnoticed. My days were overscheduled, my mind was overworked and my spirit was underfed.

What according to the passage is success?

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    Success is true fulfillment.
    Correct
    Wrong
  • 2
    Success is incremental act of decency.
    Correct
    Wrong
  • 3
    Success cannot be pursued.
    Correct
    Wrong
  • 4
    Success is an unintended ye t inevitable byproduct of a life spent enriching the lives of others.
    Correct
    Wrong
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Answer : 4. "Success is an unintended ye t inevitable byproduct of a life spent enriching the lives of others."

Q:

Read the following passage carefully and give the answer of following questions.

The problem of water pollution by pesticides can be understood only in context, as part of the whole to which it belongs – the pollution of the total environment of mankind. The pollution entering our waterways comes from many sources, radioactive wastes from reactors, laboratories and hospitals; fallout from nuclear explosions; domestic wastes from cities and towns; chemical wastes from factories. To these is a added a new kid of fallout - the chemical sprays applied to crop lands and gardens, forests and fields. Many of the chemical agents in this alarming melange initiate and augment the harmful effects of radiation, and within the groups of chemicals themselves there are sinister and little - understood interactions, transformations and summations of effect.

Ever since the chemists began to manufacture substances that nature never invented, the problem of water purification have become complex and the danger to users of water has increased. As we have seen, the production of these synthetic chemicals in large volume began in the 1940’s. It has now reached such proportion that an appalling deluge of chemical pollution is daily poured into the nation’s waterways. When inextricably mixed with domestic and other wastes discharged into the same water, these chemicals sometimes defy detection by the methods in ordinary use by purification plants. Most of them are so complex that they cannot be identified. In rivers, a really incredible variety of pollutants combine to produce deposits that sanitary engineers can only despairingly refer to as “gunk”.

All the following words mean ‘chemicals’ except:

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    sands
    Correct
    Wrong
  • 2
    substances
    Correct
    Wrong
  • 3
    Pesticides
    Correct
    Wrong
  • 4
    Deposits
    Correct
    Wrong
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Answer : 1. "sands"

Q:

Direction :  passage carefully and answer the questions given below it. Certain words/phrases are given in bold in the passage to help you locale them while answering some of the questions. 

Governments have traditionally equated economic progress with steel mills and cement factories. While urban centres thrive and city dwellers get rich, hundreds of millions of famers remain mired in poverty. However fears of food shortages, a rethinking of anti-poverty priorities and crushing recession in 2008 are causing a dramatic shift in world economic policy in favour of greater support for agriculture.  last time when the world's farmers felt such love was in the 1970's. At that time, as food prices spiked, there was real concern that the world was facing a crisis in which the planet was simply unable to produce enough grain and meat for an expanding population. Governments across the developing world and international aid organisations plowed investment agriculture in technological breakthroughs, like high-yield strains of important food crops, boosted production. The result was the Green Revolution and food production exploded. into the early 1970s, while But the Green Revolution became a victim of its own success. Food prices plunged by some 60% by the late 1980's from their peak in the mid- 1970's. Policy-makers and aid workers turned their attention to the poor's other pressing needs, such as health care and education. Farming got starved of resources and investment. By 2004's aid directed at agriculture sank to 3.5% and "agriculture lost its glitter", “Also, as consumers in high-growth giants such as China and India became wealthier, they began eating more meat. So grain once used for human consumption got diverted to beef up livestock. By early 2008, panicked buying by importing countries and restrictions slapped on grain exports by some big producers helped drive prices up to heights not seen for three decades. Making matters worse, land and resources got reallocated to product cash crop such as bio fuels and the result was that voluminous reserves of grain evaporated. Protests broke out across the emerging world and fierce food riots toppled governments.

This spurred global leaders into action. This made them aware that food security is one of the fundamental issues in the world that has to be dealt with in order to maintain administrative and political stability. This also spurred the US, which traditionally provisioned food aid from American grain surpluses to help needy nations to move towards investing in farm sectors around the globe to boost productivity. This move helped countries become more productive for themselves and be in a better position to feed their own people. Africa, which missed out on the first Green Revolution due to poor policy and limited resources, also witnessed a 'change. Swayed by the success of East Asia, the primary poverty- fighting method favoured by many policy-makers in Africa was to get farmers off their farms and into modern jobs in factories and urban centres. But that started proved to be highly insufficient. Income levels in the countryside badly trailed those in cities while the FAO estimated that the number of poor going hungry in 2000 reached an all-time high at more than one billion. In India, on the other hand, with only 40% of its farmland irrigated, entire economic boom currently underway is held hostage by the unpredictable monsoon. With much of India's farming areas suffering from drought this year, the government will haw a tough time meeting its economic growth targets. In report, Goldman Sachs predicted that if this year too receives weak rains. It could cause agriculture to contract by 2% this Fiscal years, making the government's 7% GDP-growth target look a bit rich-. Another Green revolution is the need of the hour and to make it a reality, the global community still has much backbreaking farm work to do

What motivated the US to focus on investing in agriculture across the globe? 

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  • 1
    To make developing countries become more reliant on US aid
    Correct
    Wrong
  • 2
    To ensure grain surpluses so that the US had no need to import food
    Correct
    Wrong
  • 3
    To make those countries more self-sufficient to whom it previously provided food
    Correct
    Wrong
  • 4
    To establish itself in the market before the high growth giants such a India and China could establish themselves
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "To make those countries more self-sufficient to whom it previously provided food "

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