Select the most appropriate meaning of the given idiom.

A fair weather friend

Parts of the following sentence have been given as options. One of them may contain an error. Select the part that contains the error from the given options. If you don’t find any error, mark ‘No error’ as your answer.
 Elizabeth beat her rival with the gold medal in the 2021 summer Olympics. 

Select the option that expresses the given sentence in active voice.

I am paid weekly by my organisation.

The following sentence has been split into four segments. Identify the segment that contains a grammatical error.
 After / a long and fun-filled day, / the children / slept themselves peacefully.

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

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

P: If the intention is just to consume whatever comes from the West, then it is harmful.
 Q: Some of its effects are really helping and positive as it increases initiative and entrepreneurship qualities provided taken in that spirit.
 R: At the same time state’s strategic intervention is essential because more than 40% of people live below poverty line.
 S: The impact of economic reforms are mixed.

Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.

A. They also resolved to impose restrictions on the Russian central bank's ability to access and deploy the country's 'war chest' of an estimated $630 billion in foreign exchange reserves.

B. Saturday's announcement by the US, the UK and European allies, including France and Germany, of a raft of 'further restrictive economic measures' to increase the costs on Russia for its invasion of Ukraine has just raised the risks of a more widespread economic fallout from this war.

C. The immediate impact of these moves on Russia's economy and financial markets have manifested in a sharp depreciation in the value of the Rouble.

D. With a view to further isolating Russia from the international financial system, the Western allies decided to block 'selected' Russian banks from the SWIFT messaging system that banks and financial institutions use to validate and complete international payment transactions.

Choose the correctly spelt word.