Question
Which one of the following words is most nearly the
same in meaning as the word ‘ sustainable’ as mentioned in the passage? Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions. India’s net direct tax collections reportedly grew by 18.2% in April-December 2017 from a year ago, with advance tax payments in December adding substantially to the kitty. This is welcome. But the improvement will be  sustainable  only if the government makes productive use of the audit trails created by the goods and services tax — that allows manufacturers to claim credit for the taxes paid on inputs across the production and income chain — to generate a unified base of tax potential that can be tapped. A mine of information is already available, post the GST rollout. Tax authorities must diligently follow the audit trails, supplementing them with big-data analytics.  The gross value added in an economy is equal to gross profits (including depreciation ) plus wages and salaries. This holds true at the enterprise level as well. Effectively, the tax base is taxed once with a comprehensive GST. The need is to track how much a company has paid and how much is the actual value addition that has been made. The data must be correlated with what the company claims as its expenses that include electricity bill and payouts to the Employees’ Provident Fund. This would enable tax authorities to check whether a company has declared its income correctly, and assess its tax liability. Data thrown up by GST should become the starting point now to tap the potential income-tax base. Doubling the current tax/GDP ratio of about 16.5% (combined states and the Centre) should be the goal. And the share of revenues from direct taxes, at a mere 5.6% of the GDP, must go up. GST would offer up a bounty in the medium term. Lower rates of tax, ease of compliance  and tough action against evaders  will, together, push up the cost of non-compliance higher than the cost of compliance, which would induce people to pay up.Solution
 sustainable – able to be maintained or kept going ,as an action or progress. E .g. sustainable economic growth
Two pipes A and B can fill a tank in 24 min., and 32 min, respectively. If both the pipes are opened simultaneously, after how much time B should be clo...
Pipe P can fill a tank in 5 hours, but pipe Q can empty it completely in 20 hours. If both are opened together, find the time needed to fill the tank.
Pipes ‘A’ and ‘B’ can fill a tank in 6 hours and 9 hours, respectively. If pipe ‘C’ is opened along with pipes ‘A’ and ‘B’, then the...
Pipe A can fill a tank in 45 minutes while pipe B can fill it in ____ minutes. There’s a leak in the tank which can empty it in _____minutes. When bot...
A tank has three pipes, X, Y, and Z. X can fill the tank in 8 hours, Y can fill it in 12 hours, and Z can empty it in 6 hours. If X, Y, and Z are opened...
A single tap takes 8 hours to fill the entire tank. Initially, only one tap is open, and it fills one-fourth of the tank. At that point, three additiona...
- Pipe 'A' is 5 times as efficient as pipe 'B'. Pipe 'C', which is one-fifth as efficient as pipe 'B', can fill a tank alone in 25 hours. Find difference bet...
Pipe ‘A’ and pipe ‘B’ can fill a cistern in 20 minutes and 10 minutes respectively. Pipe ‘C’ alone can empty the cistern in 12 minutes. If a...
With a bucket full of water, a tank can be filled with 16 buckets. When each bucket holds 12.5 liters of water, how many buckets of 10-liter capacity ca...
Pipes A and B can fill the tank in 16 and 20 hours respectively. Pipe C empties it in ‘x’ hours. If all are opened together, the tank gets filled in...