Reading Comprehension Quiz 1

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The first report presented by the Disinvestment commission has all the ingredients of a well-researched policy document but its recommendations will be of little to the cash starved Goverment in mobilising additional resources from the selling of the equity shares of the public sector enterprises. The commission headed by Mr GV Ramkrishna has proposed the setting up of a disinvestment fund constituted from the proceeds of sale of equity of profitable PSEs and the funds available with the National Renewal Fund. It has been stipulated that the amount thus collected could be utilised for turning around the loss-making units and restructuring the marginally profit-making undertakings. This is one way of reducing the budgetary support to loss-making PSEs while ensuring that they do not face closure due to paucity of funds. With the Goverment incurring expenditure of Rs 2200 cr in providing budgetary support to the loss-making PSEs, the United Front regime is in an unenviable position but at the same time the common minimum programme and the pressure from the left parties have ruled out hard decisions on PSE restructuring and hence this roundabout way of withdrawal of budgetary support to the ailing PSEs.
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1. The Commission has proposed the setting up of a disinvestment fund constituted from 

A. Budgetarty supports. 

B.Selling of loss-making units of PSEs. 

C. Restructuring the marginally profit-making undertakings. 

D.Selling of equity of profitables PSEs.E. None of these

2. Why could the Goverment not restructure the loss-making PSEs? 

A. Because the government is giving budgetary support. 

B. Because the goverment is going on setting up National Renewal Fund. 

C. Because the goverment was compelled by Left parties not to take a hard step. 

D. Because the Goverment had already set up a committee to solve this problem.

E. None of these

3. In the last sentence of the passage, rule out means 

A. To exclude a possibility. 

B. To choose. 

C. To be dominant. 

D. Direction.

E. None of these

4. The Goverment is spending Rs 2200 cr for 

A.National Renewal Fund. 

B. Ailing PSEs. C. profit-making PSEs. 

D.The Government will distribute this fund to all the three.

E. None of these

5.What was the disinvestment committe's advice? 

A. Arrange extra money from the selling of the equity share of PSEs. 

B. Provide budgetary support. 

C. Set up National Renewal Fund 

 D. 1& 3 bothE. None of these

6. Choose the same meaning of the word given in the bold used in the passage.Disinvestment 

A.Weaken 

B. To remove money 

C. To free

D.To separate

E. All of these

7. Choose the same meaning of the word given in the bold used in the passage. Ingredients 

A. Component 

B. To become heavier 

C. To command 

D. Deeply fixed

E. None of these

8. Choose the same meaning of the word given in the bold used in the passage. Paucity 

A. Fewness 

B.Lack

C. Deficiency 

D. Scarcity 

E. All of these

9.Choose the opposite meaning of the word given in the bold used in the passage. Starved

A. To be in want 

B. Cure

C. Prosper 

 D. Weak

E. None of these

10.Choose the opposite meaning of the word given in the bold used in the passage. Stipulate

A. Condition 

B. Engage 

C.Deprecate 

D. Move

E. None of these