reading comprehension Test 47

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.

 Which of following statements is are true as per the
passage?
(I) NTPC’s core business is generation and sale of
electricity to state-owned power distribution
companies and State Electricity Boards in India.
(II) Niti Aayog has prepared a list of 50 PSUs to make
them financially well.
(III) The Modi government has lowered corporate tax to
encourage foreign investment in India.

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.

What does the author want to say with the line “Niti Aayog
has prepared a list of around 50 PSUs that should be put
on the block”?
(I) Government has prepared the list to make some
improvement in them.
(II) To offer them for sale
(III) To do business with them

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.

  What can be inferred from the passage?
(I) The move of government to establish the business
firm promptly.
(II) Government is focussing on privatisation of PSUs.
(III) All the factor markets are crying out for liberalisation

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.

Why has the Modi government lowered the corporate tax?
(I) To promote business firm in India.
(II) To increase the government income to level the
expenditure.
(III) To buy the shares in different oil refineries.

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.

Which of the following word can replace the blank ‘A’?

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.


Which of the following word is/are the most similar in meaning to ‘Juggling’ as per the passage?

Not all stake sales are the same. For example, the Cabinet committee on economic affairs has approved strategic disinvestment of government’s shareholding of 53.29% in Bharat Petroleum Corporation Ltd, which will mean transfer of management control to the strategic buyer. By contrast government’s 74.23% holding in THDCIL along with management control will be transferred to state-owned power producer NTPC Ltd, which means government is merely juggling its assets to meet its fiscal targets. This changes nothing in reality, generating neither fresh efficiencies nor fresh monies for investing in public goods like health and education. Even in holding on to a minority stake, government discourages buyers. Niti Aayog has prepared a list of around 50 PSUs that should be put on the block, not only for big-ticket asset monetisation but because government has no business running businesses like hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer. hotels or making scooters and salt. On the labour laws front too we see tension between real and pretend reform. The proposal to continue to require companies with over 100 workers to seek prior approval for layoffs but introduce a provision to let government decide the number instead of seeking Parliament approval, will not ....A..... It is such restrictions that disincentives small enterprises from scaling up in India, while also hurting our competitiveness against countries like Bangladesh and Vietnam. All the factor markets are crying out for liberalisation. Every effort in this direction will be rewarded with tangible improvements in the investment climate. The Modi government has taken the bold move of lowering corporate tax rates to the level of other Asian jurisdictions, with the aim of encouraging manufacturing to move to India. Completing this virtuous circle needs land, labour and capital reforms. As long as the labour unions get their way in protecting their own jobs inflexibly, new job creation will continue to suffer.


 Which of the following word is/are the most similar in meaning to ‘virtuous’ as per the passage?