English: Sentence Fillers/Para Completion Set 6

Directions: In each of the following questions a passage is given in which there is a blank. Choose the most logical and appropriate option from the five options given that can be filled in the blank.

1. The judgment was widely expected but it has still thrown Pakistan’s politics into disarray. The Supreme Court banned Pakistan’s Nawaz Sharif from sitting in the National Assembly over corruption allegations, a ruling that meant he couldn’t continue as prime minister…………………….., wanted Sharif out, ideally with the rest of his family. But Sharif, who’s now been ousted from power three times, is a political Houdini and the great question hanging over Pakistan is whether he can eventually make a comeback. Nobody’s writing him off just yet. 
   A) it’s certainly clear someone wanted Sharif out, nobody seems exactly sure why
   B) For some time, it’s been clear the ‘Establishment,’ the codeword for the army and other powerful forces
   C) The bottom line for India, though, is that the man who was most favourable to peacemaking moves has been unceremoniously moved out
   D) Sections of the Pakistan army believe Sharif was determined to make peace with India or at least smooth tensions
   E) None of these.
   
   View Answer

     Option B
   
2. India has become rather secretive about its negotiating stance in the Regional Comprehensive Economic Partnership (RCEP) — a trade bloc of 16 countries (Asean plus Japan, China, South Korea, India, Australia and New Zealand) which accounts for over 40 per cent of the world’s population and output. …………………………………………..Surely, this is no way to conduct discussions on tariff lines for farm and industry products, e-commerce, intellectual property, the opening up of services and government procurement, impacting the livelihoods of millions of people.
   A) This is disconcerting in view of reports in the wake of the Hanoi meeting, which were neither confirmed nor denied by the Government
   B) Fears pertain in particular to opening up industrial sectors to China — India’s largest trading partner with whom it already runs a trade deficit of over $50 billion
   C) Imports of not just palm oil and coal, but chemicals, iron and steel, rubber, plastics and chemicals have impacted vast sectors of the economy.
   D) If the outcome of the Hanoi meet held about two months back was unclear, the recently concluded Hyderabad meet has left stakeholders in the dark.
   E) None of these.
   
   View Answer

     Option D
   
3. Having tasted success with its maiden equity investments over the last two years, the Employees Provident Fund Organisation (EPFO) is readying to increase its bets this year. ………………………………….allocation from 10 per cent of its annual deposits to 15 per cent this fiscal. This is likely to funnel nearly Rs22,500 crore of EPFO money into stocks.
   A) The Minister for Labour recently revealed that the Central Board of Trustees had recommended increasing the EPFO’s equity
   B) The fund has cited the good returns on its equity portfolio as the reason for raising its exposure from 5 to 15 per cent in the last two years
   C) while the fund has been tom-tomming its equity gains of over 13 per cent, that’s not a very impressive return for a nearly two-year holding period
   D) Returns in the stock market always come in fits and starts, and extrapolating a recent good spell can lead to future disappointments
   E) None of these.
   
   View Answer

     Option A
   
4. SEBI’s revelation that nearly 1,088 companies which were earlier listed on the Regional Stock Exchanges may join the ranks of vanished companies on Indian bourses, hardly comes as a surprise. ………………………….with the rise of the two pan-India electronic exchanges. They were also home to many dubious fund-raisers from the 1994-95 IPO boom
   A) Regional exchanges were steadily losing their relevance from the late nineties                        
   B) bar them from markets or include them in the vanishing companies list
   C) bringing the promoters of these companies to book may be an uphill task today
   D) the regulators can certainly beef up their early warnings systems to prevent a recurrence of such issues in future.
   E) None of these.
   
   View Answer

     Option A
   
5. Trading halts are not uncommon in global stock exchanges. In July 2015,……………………….. Other exchanges such as the Nasdaq, Intercontinental Exchange and Chicago Mercantile Exchange too experienced partial or complete trading halts in the last decade. The over-reliance on technology for stock market operations globally makes such events imminent.
   A) the BSE has insignificant presence in the equity derivative segment
   B) with the need to activate the back-up or the disaster recovery servers, the exchange needs to have plans to handle minor malfunctions
   C) the NYSE had to suspend trading in all the stocks for almost two hours due to a configuration problem
   D) derivative segment was also shut down immediately after as it is not possible
   E) None of these.
   
   View Answer

     Option C
   
6. Corporate governance has become a movement across the globe. There is fresh thinking at Board level to arrive at new institutional mechanism, codes and standards, strategy formulation and its execution………………….to finally decide the rating of the enterprise.
   A) Ethics are essential as they extends beyond corporate law.
   B) Any accreditation and evaluation of corporate governance would require objective oriented criteria
   C) there is no well-recognised accreditation model to evaluate this in different enterprises.
   D) corporate governance norms would help in developing benchmarks, thereby promoting better adherence to corporate governance norms
   E) None of these.
   
   View Answer

     Option B
   
7. The accreditation framework should be based on the four pillars of corporate governance i.e. Fairness, Transparency, Accountability and Responsibility. ……………….. which would be measured by their satisfaction with respect to quality of the product, service quality/ response time and after sale service. 
   A) It is essential that the questions should cover all aspects of corporate governance.
   B) it should be made mandatory for all listed companies and companies proposing to list their scripts
   C) The process should be comprehensive in coverage and aim at covering all stakeholders
   D) There shall be multiple micro parameters such as how much customers are delighted
   E) None of these.
   
   View Answer

     Option D
   
8. The e-waybill would emerge as the most intensively used declaration document in India. Since all goods subject to GST that move on the road would have to potentially create an e-waybill, …………………… Thus the rules and format from an ‘ease of doing business’ point of view is important.
   A) this would means millions of such e-waybills being generated every day.
   B) officer would have all the information related to the truck and the shipments on her screen
   C) number plate of the vehicle tagged to the VAHAN database approaches a modern automated check-point
   D) it requires generation of e-waybill even for intra-State movement
   E) None of these.
   
   View Answer

     Option A
   
9. Trucks are not stopped only by tax-related check-posts. Seventeen different laws regulate the movement of goods in India. Transport-related regulations that check for fitness of the vehicle, overloading, and a host of other transport regulations is one major reason trucks are stopped and inspected. ……………………..commodity-specific controls and so on are some of the other reasons why trucks could be stopped or inspected.
   A) To change the vehicle number every time the shipment changes trucks
   B) Since such movements were earlier exempt from the requirement in most States
   C) Regulations related to the transport of hazardous goods, forest produce
   D) This would mean shifting the responsibility of generating the e-waybill from the shipper to the transporter
   E) None of these.
   
   View Answer

     Option C
   
10. A government that is depending on data analytics is surely bound to have enough data to ensure that Budget allocations to agriculture are adequate even during times when the monsoons decide not to show up. ………………….it is not that the Government does not have any options. When all else fails, they can always pass an Ordinance.
    A) Government that is depending on data analytics is surely bound to have enough data
    B) Even if there is a need for some urgent allocations
    C) Changing to a calendar year would mean that the Budget would have to be presented in November
    D) The decision to change the fiscal year does not seem to have a reason that would make everyone question why it was not thought of before.
    E) None of these.
    
    View Answer

      Option B
    

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