New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    In the following question a short passage is given with one of the lines in the passage missing and represented by a blank. Select the best out of the five choices given to make the passage complete and coherent (Coherent means logically complete and sound)

    In the field of economics, which is fast turning out to

    be something of an Achilles heel for this government, the criticism is mostly misplaced, and not based on policy but on politics. For instance, there was a huge uproar over rising petroleum prices. _______________. Besides the fact that these taxes have been there forever and were not in troduced by this government, it was quite a spectacle to see how the very people who raised hell over the rising prices, switched tack and started clobbering the government for cutting some taxes and indulging in cheap populism to bring down the prices of petroleum. The same trend was visible on the GST issue.
    A But when the government responded and gave relief, it was again disparaged. Correct Answer Incorrect Answer
    B Be that as it may, the government was severely chastised for not responding to the problems faced by the traders and small businesses. Correct Answer Incorrect Answer
    C That GST is anything but a simple tax and has become a millstone around the neck of many an economic agent is well known. Correct Answer Incorrect Answer
    D Reams were written and hours of airtime spent in informing people of the quantum of taxes levied on petroleum products. Correct Answer Incorrect Answer
    E One reason for this is that the opposition’s argument and goalpost keep shifting and loses its salience. Correct Answer Incorrect Answer

    Solution

    In the field of economics, which is fast turning out to be something of an Achilles heel for this government, the criticism is mostly misplaced, and not based on policy but on politics. For instance, there was a huge uproar over rising petroleum prices. Reams were written and hours of airtime spent in informing people of the quantum of taxes levied on petroleum products.  Besides the fact that these taxes have been there forever and were not in troduced by this government, it was quite a spectacle to see how the very people who raised hell over the rising prices, switched tack and started clobbering the government for cutting some taxes and indulging in cheap populism to bring down the prices of petroleum. The same trend was visible on the GST issue.

    Practice Next

    Relevant for Exams: