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.

In the question below three phrases are given which must be filled in the positions given in i, ii and iii in the passage. From the options given below, choose the correct order of phrases that should be filled in the positions given.
A. necessary to deter such shady operations
B. sale of shares of private unlisted companies
C. imposed on the wider start-up

Read the given passage and answer the questions that follow.

Pollution befouls the air and poisons water. Pollution induces the release of toxicants into the biosphere which makes the air unsuitable for breathing, harms the quality of water and soil, and causes the emission of substances that may cause damage to humans, plants and animals.
To cater to the needs of an increasing population, agriculture has been intensified through the use of a wide spectrum of fertilizers and pesticides. Diverse industries have been set up to produce chemicals including those that pose a danger to all life forms.

Rapid industrialisation has led to deterioration in the quality of air. Widespread use of coal and fossil fuels in industries and petroleum fuel in motor vehicles has aggravated the air pollution problem. Our atmosphere seems to have become a waste basket into which dust, noxious fumes, toxic gases and other pollutants are callously thrown.

The intensity of air pollution in Indian cities is increasing primarily due to our vintage vehicles and their poor performance. Water pollution, too has increased with the growth of our population and also that of our industries. Water pollution has acquired dangerous dimensions ever since sewage and industrial effluents have started being disposed of into the rivers.

Once considered sacred, the rivers are now turning murky and stink. It is sad that almost three-fourths of our fellow citizens have no choice but to drink filthy water. The severely polluted rivers due to mindless dumping of sewage and industrial wastes are a cause for concern not only to us humans but also to myriads of life forms that exist in water.

On the French and Italian rivier as we can no longer see the sparkling blue waters. The Mediterranean Sea is reported to be turning grey. Rivers and canals pour sewage, detergents and industrial waste into the sea; tankers flush their contents near the river or sea; bottles, rotting garbage and oil slicks are washed into the beaches. The phosphates and nitrates applied to farmlands as inorganic fertilizers, concentrate in lakes and estuaries causing algal blooms due to which wide expanses of water get choked, plants rot, oxygen is used up and fish die.

Deterioration in the quality of air can mainly be attributed to

Read the given passage and answer the questions that follow.
There are five basic features of services. These features distinguish them from goods. The first is that services are intangible. They are experiential in nature. One cannot taste a doctor’s treatment, or touch entertainment. One can only experience it. An important implication of this is that quality of the offer can often not be determined before consumption or before purchase. It is, therefore, important for the service providers that they consciously work on creating a desired service so that the customer undergoes a favourable experience. The second important characteristic of services is inconsistency. Since there is no standard tangible product, services have to be performed exclusively each time. Different customers have different demands and expectations. Service providers need to have an opportunity to alter their offer to closely meet the requirements of the customers. Another important characteristic of services is the simultaneous activity of production and consumption being performed. This makes the production and consumption of services inseparable. While we can manufacture a car today and sell it after, say, a month; this is often not possible with services that have to be consumed as and when they are produced. For example, the services of a teacher, doctor or lawyer. Service providers may design a substitute for the person by using appropriate technology but the interaction with the customer remains a key feature of services. Automated Teller Machines (ATMs) may replace the banking clerk for the front office activities like cash withdrawal and cheque deposit. But, at the same time, the presence of the customer, is required and his/her interaction with the process has to be managed. Services have little or no tangible components and, therefore, cannot be stored for a future use. That is, services are perishable and providers can, at best, store some associated goods but not the service itself. This means that the demand and supply needs to be managed as the service has to be performed as and when the customer asks for it. They cannot be performed earlier to be consumed at a later date. For example, a railway ticket can be stored but the railway journey will be experienced by a traveller only when the railways provide it.

What is the key feature of any service?

Directions: In the following questions, some of the sentences have errors and some have none. Find out which part of a sentence has an error. The number of that part is your answer. Your answer is (D) i.e. No error.

 (A) I have passed / (B) the examination/ (C) two years ago/ (D) No error

Read the following passage and answer the questions that follow it. Each question has 4 options. Choose the correct option/answer for each question:

I worked for a brief while in a college in Delhi, and among my more uncomfortable memories is a language exercise, I gave a group of eight undergraduates: I asked them to imagine that they had already graduated and wanted them to write an application for a suitable job. Seven of the eight students wrote applications for the jobs of clerks. Even in one of the good universities, and in a college that had a reputation for its academic standards, the system has snuffed out all youthful ambition.

Choose the correct option:
 The number of students who wrote applications for the jobs of clerks was -

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

The cyber–world is ultimately ungovernable. This is alarming as well as convenient; sometimes, convenient because alarming. Some Indian politicians use this to great advantage. When there is an obvious failure in governance during a crisis they deflect attention from their own incompetence towards the ungovernable. So, having failed to prevent nervous citizens from fleeing their cities of work by assuring them of proper protection, some national leaders are now busy trying to prove to one another, and to panic-prone Indians, that a mischievous neighbour has been using the internet and social networking sites to spread dangerous rumours. And the Centre's automatic reaction is to start blocking these sites and begin elaborate and potentially endless negotiations with Google, Twitter and Facebook about access to information. If this is the official idea of prompt action at a time of crisis among communities, then Indians have more reason to fear their protectors than the nebulous mischief-makers of the cyber world. Wasting time gathering proof, blocking vaguely suspicious websites, hurling accusations across the border and worrying about bilateral relations are ways of keeping busy with inessentials because one does not quite known what to do about the essentials of a difficult situation. Besides, only a fifth of the 245 websites blocked by the Centre mention the people of the Northeast or the violence in Assam. And if a few morphed images and spurious texts can unsettle an entire nation, then there is something deeply wrong with the nation and with how it is being governed. This is what its leaders should be addressing immediately, rather than making a wrongheaded display of their powers of censorship.
 It is just as absurd, and part of the same syndrome, to try to ban Twitter accounts that parody despatches from the Prime Minister's Office. To describe such forms of humour and dissent as "misrepresenting" the PMO–as if Twitter would take these parodies for genuine despatches from the PMO — makes the PMO look more ridiculous than its parodists manage to. With the precedent for such action set recently by the chief minister of West Bengal, this is yet another proof that what Bengal thinks today India will think tomorrow. Using the cyber–world for flexing the wrong muscles is essentially not funny. It might even prove to be quite dangerously distracting.

The following is a list of statements made by the author of the above passage. Pick the odd one out

Select the word with the correct spelling.

Options:

Rewrite the sentence in indirect speech.

Siva said, "I have read the novel Pride and Prejudice."