Vijay Kumar was an Indian business tycoon who had to abscond to the United Kingdom after being accused of fraud and money laundering in the country. He fled the country and sought asylum in the United Kingdom in 2016. He is said to owe around Rs 9000 crores to multiple banks, which he took out as a loan to save his now-defunct Airlines from going bankrupt. Vijay Kumar’s desire to develop his liquor and airline businesses sparked the whole thing. His advisers advised him against it, but he went ahead and did it anyway. To fund his newly created airline, he sold another company founded by his father. Vijay Kumar’s airline quickly established itself as one of India’s best domestic airlines and many Indians’ first choice for flying. But the Indian government refused to allow the airline company to conduct foreign flights due to specific constraints. To travel internationally, he used his parent business, to purchase Deccan Air, which was losing a lot of money at the time. But he was unable to make a profit for his airline company even by 2010. Hence started the loans.
What do you mean by asylum?
Show Hint
- Giving shelter to another
- Taking shelter in another country
- Taking shelter in his own country
- Taking shelter in the enemy’s country
The Correct Option is B
Solution and Explanation
In the passage, Vijay Kumar fled to the United Kingdom and sought asylum, indicating he took shelter in another country.
Therefore, the correct answer is (2) Taking shelter in another country.
With which airlines did Vijay Kumar want to merge his airlines?
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- Deccan airlines
- Indigo airlines
- Air India
- British India
The Correct Option is A
Solution and Explanation
This indicates his intent to merge with Deccan Airlines to bypass constraints on foreign travel.
Therefore, the correct answer is (1) Deccan airlines.
What was the parent business of Vijay Kumar?
Show Hint
- Airlines
- Manufacturing goods
- Gold business
- United Breweries
The Correct Option is D
Solution and Explanation
This parent company is known as United Breweries, which is primarily involved in the liquor industry.
Therefore, the correct answer is (4) United Breweries.
How many crores did he borrow from banks?
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- Rs. 9090 crores.
- Rs. 9001 crores.
- Rs. 9000 crores.
- Rs. 900 crores.
The Correct Option is C
Solution and Explanation
These were loans taken to keep his airline business from bankruptcy.
Therefore, the correct answer is (3) Rs. 9000 crores.
Vijay Kumar was accused of _____.
Show Hint
- Murder
- Money laundering and fraud.
- Misappropriation of funds
- Mischief
The Correct Option is B
Solution and Explanation
These serious financial crimes led him to flee and seek asylum in the United Kingdom.
Therefore, the correct answer is (2) Money laundering and fraud.
Top Questions on Reading Comprehension
- Many countries are facing water shortage crises in the past few years. A report of the United Nations has named India among the worst countries for poor quality of water. The report ranks 122 countries according to the quality of their water as well as their commitment to improve the situation. Some countries in Europe are considered the worst because of the quality of its groundwater. Rain failed in some parts of India in the past. The vast areas of Rajasthan, Madhya Pradesh, and Andhra Pradesh were affected by severe drought. People without water turn desperate and violent. Consequently, the food godowns were attacked in some of the states. Based on the details given in the passage, which of the following option(s) is/ are correct statement(s)?
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“Why do they pull down and do away with crooked streets, I wonder, which are my delight, and hurt no man living? Every day the wealthier nations are pulling down one or another in their capitals and their great towns: they do not know why they do it; neither do I. It ought to be enough, surely, to drive the great broad ways which commerce needs and which are the life-channels of a modern city, without destroying all history and all the humanity in between: the islands of the past.”
(From Hilaire Belloc’s “The Crooked Streets”)
Based only on the information provided in the above passage, which one of the following statements is true?
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“His life was divided between the books, his friends, and long walks. A solitary man, he worked at all hours without much method, and probably courted his fatal illness in this way. To his own name there is not much to show; but such was his liberality that he was continually helping others, and fruits of his erudition are widely scattered, and have gone to increase many a comparative stranger’s reputation.” (From E.V. Lucas’s “A Funeral”)
Based only on the information provided in the above passage, which one of the following statements is true?
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Until he was ten Alex attended the nearby Allen School. He was then transferred to Moor School which he attended with his Sisters. Alex learned a good deal about nature during that three mile downhill hike to school and the three mile uphill return trip. He was a quick student and at twelve, the age limit prescribed for Moor School, he was sent to Markil Academy . Two years later he joined his sisters Zen and Jesia at the home of his elder brother Tom, who was to become a successful occultist in Paris. However, the economic success of the family was yet to be and Alex was forced to leave school for economic reasons. When he was fifteen he obtained a job in shipping company. Good fortune, however, was on his side and on the side of humanity. In 1901, he received a share in a legacy which made it possible for him to return to school. He decided to study medicine.
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Biological classification of plants and animals was first proposed by Aristotle on the basis of simple morphological characters. Linnaeus later classified all living organisms into two kingdoms- Plantae and Animalia. Whittaker proposed an claborate five kingdom classification- Monera, Protista, Fungi, Plantae and Animalia. The main criteria of the five kingdom classification were cell structure, body organisation, mode of nutrition and reproduction. and phylogenetic relationships.
In the five kingdom classification. bacteria are included in Kingdom Monera. Bacteria are cosmopolitan in distribution. These organisms show the most extensive metabolic diversity. Bacteria may be autotrophic or heterotrophic in their mode of nutrition. Kingdom Protista includes all single-celled eukaryotes such as Chrysophytes. Dinoflagellates. Euglenoids. Slime-moulds and Protozoans. Protists have defined nucleus and other membrane bound organelles. They reproduce both asexually and sexually. Members of Kingdom Fungi show a great diversity in structures and habitat. Most Fungi are saprophytic in their mode of nutrition. They show asexual and sexual reproduction. Phycomycetes. Ascomycetes. Basidiomycetes and Deuteromycetes are the four classes under this kingdom. The plantae includes all eukaryotic chlorophyll-containing organisms. Algae. bryophytes. pteridophytes. gymnosperms and angiosperms are included in this group. The life cycle of plants exhibit alternation of generations- gametophytic and sporophytic generations. The heterotrophic eukaryotic, multicellular organisms lacking a cell wall are included in the kingdom Animalia. The mode of nutrition of these organisms is holozoic. They reproduce mostly by the sexual mode. Some acellular organisms like viruses and viroids as well as the lichens are not included in the five kingdom system of classification.- NIFT - 2024
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