English Cloze TestPage 2
Section - 2
2. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage against each, four words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.
It is becoming increasingly fashionable to tax the super-rich. Taxing the super-rich primarily involves (1) the rates of personal tax or property taxes. It ignores what actually happens with the incomes of the super-rich. Higher expenditure on goods and services results in more revenue being (2) through indirect taxes. Moreover, if taxes are low, there is no incentive to (3) either income or the acquisition of goods and services. Beyond a point, most income in then invested in financial institutions which, in turn help fuel industrial and economic growth.
It is axiomatic that a small percentage of the population in any country will always control a major portion of its wealth. The top five per cent will always earn more than fifty per cent of the total income and generate most of a nation's wealth. (4) taxing this class will result in the (5) of a class of the dishonest rich; If a man cannot become rich honestly, he will do so dishonestly. Alternatively, if he has. A sense of values and ethics, he has no option but to escape to other countries. The (6) of a large number of India's brightest engineers and doctors was in no small measure due to our socialist principles and heavy taxes.
The (7) of the tax system is that the honest tax payer is (8) attacked again and again. The dishonest tax payer (9) pays his tax dues. If the goal is to earn greater revenue, then taxing the super-rich will be counter-productive. The marginal gain in revenue will be temporary and there will be greater loss of revenue through (10) collection of indirect taxes. Hence, it is necessary to re-examine these myriad wasteful welfare schemes.1. | | Choose appropriate word to fill the blank | | (a)truncating | | (b)increasing | | (c)focusing | | (d)reducing |
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Answer is: B
2. | | Choose appropriate word to fill the blank | | (a)derived | | (b)generated | | (c)validated | | (d)propagated |
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Answer is: B
3. | | Choose appropriate word to fill the blank | | (a)merge | | (b)violate | | (c)explore | | (d)conceal |
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Answer is: D
4. | | Choose appropriate word to fill the blank | | (a)partially | | (b)temporarily | | (c)heavily | | (d)incoherently |
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Answer is: C
5. | | Choose appropriate word to fill the blank | | (a)defamation | | (b)alienation | | (c)creation | | (d)transition |
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Answer is: C
6. | | Choose appropriate word to fill the blank | | (a)attribution | | (b)termination | | (c)coalition | | (d)migration |
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Answer is: D
7. | | Choose appropriate word to fill the blank | | (a)penultimate | | (b)probation | | (c)tragedy | | (d)incentive |
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Answer is: C
8. | | Choose appropriate word to fill the blank | | (a)savagely | | (b)earnestly | | (c)hardly | | (d)favorably |
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Answer is: A
9. | | Choose appropriate word to fill the blank | | (a)actively | | (b)seldom | | (c)secretly | | (d)judiciously |
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Answer is: B
10. | | Choose appropriate word to fill the blank | | (a) lower | | (b)expected | | (c)volatile | | (d)regular |
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Answer is: A
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