Directions (1-5): Rearrange the following seven sentences (A), (B), (C), (D), (E), and (F) in the proper sequence to form a meaningful paragraph and then answer the questions given below.
A In the misplaced belief that what is required to address the current slowdown is more tax relief to corporates.
B Its declared budgetary target for the current year requires tax receipts to increase by around 25%, when the first-quarter increase was only 6% over the previous year.
C It has offered tax rate reductions to 25% of profits to companies that do not avail of other concessions, and further rebates to new companies.
D The Indian government should now be desperate to raise more tax revenues.
E It missed its tax targets massively in the last fiscal year, largely because of poor goods and services tax (GST) collections.
F So very significant tax shortfalls are likely even in the current year, unless the government takes proactive measures.
Q1.Considering statement (F), ‘So very significant tax shortfalls are likely even in the current year unless the government takes proactive measures.’ as the last sentence, which of the following should be the first sentence after rearrangement?
Answer: Option B
Explanation:
Explanation is common for 1-5
D. The Indian government should now be desperate to raise more tax revenues.
E. It missed its tax targets massively in the last fiscal year, largely because of poor goods and services tax (GST) collections.
B. Its declared budgetary target for the current year requires tax receipts to increase by around 25% when the first-quarter increase was only 6% over the previous year.
A. In the misplaced belief that what is required to address the current slowdown is more tax relief to corporates.
C. It has offered tax rate reductions to 25% of profits to companies that do not avail of other concessions, and further rebates to new companies.
F. So very significant tax shortfalls are likely even in the current year unless the government takes proactive measures.
The correct sequence is DEBACF
Q2. Considering statement (F), ‘So very significant tax shortfalls are likely even in the current year, unless the government takes proactive measures.’ as the last sentence, which of the following should be the third sentence after rearrangement?
Answer: Option A
Q3. Considering statement (F), ‘So very significant tax shortfalls are likely even in the current year, unless the government takes proactive measures.’ as last sentence, which of the following should be the fourth sentence after rearrangement?
Answer: Option C
Q4. Considering statement (F), ‘So very significant tax shortfalls are likely even in the current year, unless the government takes proactive measures.’ as last sentence, which of the following should be the fifth sentence after rearrangement?
Answer: Option C
Q5. Considering statement (F), ‘So very significant tax shortfalls are likely even in the current year, unless the government takes proactive measures.’ as last sentence, which of the following should be the second sentence after rearrangement?
Answer: Option E