Instructions

Answer the following questions after rearranging the following sentences into a coherent paragraph.

A)As a consequence, despite the economy contracting in 2020-21, at the aggregate level, the Centre’s gross tax revenues touched Rs 20.2 lakh crore in 2020-21, up 0.7 per cent from 2019-20.

B)Total tax collections, in fact, even exceeded the Centre’s own revised estimates presented in the Union budget in February by Rs 1.2 lakh crore.

C)In line with the trends in the broader economy, the fiscal position of the central government saw considerable improvement in the second half of the last financial year.

D)As a consequence of this higher than anticipated collection, the Centre has been able to restrict its fiscal deficit to 9.3 per cent of GDP, lower than its revised estimate of 9.5 per cent presented in the budget.

E)Large segments of households and companies are facing significant stress.

F)The government should utilise whatever fiscal space it has to ramp up support to the economy.

Question 163

What should be the logical and meaningful sequence of the sentence in the paragraph after rearrangement?

Solution

After the rearrangement the correct sequence of the sentences is ‘CABDEF’.

So the meaningful paragraph - “In line with the trends in the broader economy, the fiscal position of the central government saw considerable improvement in the second half of the last financial year. As a consequence, despite the economy contracting in 2020-21, at the aggregate level, the Centre’s gross tax revenues touched Rs 20.2 lakh crore in 2020-21, up 0.7 per cent from 2019-20. Total tax collections, in fact, even exceeded the Centre’s own revised estimates presented in the Union budget in February by Rs 1.2 lakh crore. As a consequence of this higher than anticipated collection, the Centre has been able to restrict its fiscal deficit to 9.3 per cent of GDP, lower than its revised estimate of 9.5 per cent presented in the budget. Large segments of households and companies are facing significant stress. The government should utilise whatever fiscal space it has to ramp up support to the economy.”

Hence option E is the correct answer.

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