Comprehension
Read the passages given below carefully and answer the question that follow:
PASSAGE
The Bush Administration may be unsure about Saddam Hussein, but it has already decided how to go after alleged evildoers in Big Business - with guns blazing. "If you're a CEO and you think you can fudge the books in order to make yourself look better, we're going to find you, we're going to arrest you and we're going to hold you to account, *President Bush sa id last week in Charleston, South Carolina
It didn't take long for the FBI to make good on that promise. A week after hauling in adelphia Communication's frail, white-haired founder, John Rigas, and two of his sons if they were armed and dangerous, FBI agents gave former WorldCom executives Scott Sullivan and David Myers the same star treatment, parading the handcuffed quarry in an early-morning prep walk and prompting Sullivan's lawyer to complain about "the unfair taint of the current political climate."
"We didn't have anything to do with it," a senior administration official says of the high-profile collars. "But of course they're a big help. It means the system is working, and that helps with [investor] confidence. "If so, that wasn't reflected in the stock market,which swooned on Thursday and Friday.
Arrests and indictments don't necessarily result in convictions- think back to the Wall Street scandals of the 1980s. But for now, with mid-term congressional elections looming and control of the House and Senate at issue, that's almost beside the point. Nor is the spectacle over. The House Energy and Commerce Committee in particular is contemplating more hearings later this year, with an invitation list that might include everyone from Global Crossing to Imclone, a committee source told TIME. And as Democratic opponents seize on the White House's cozy links to corporate America- and especially to Harken Energy and Halliburton - the Bust administration seems to believe that the best defense is a full-scale offensive.
Though by far the most visible, the World Com duo wasn't the only prey: telecom firm Qwest, already under investigation by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ), is close to restating the past three years of earnings by more than $1 billion; apparel maker Warnaco is now in the SEC's cross hairs; and prosecutors were driving a hard bargain in plea negotiations with Imclone's ex-CEO Samuel Waksal, insisting that he accept at least seven years in prison on insider - trading charges and declining to spare his family members from prosecution.
PASSAGE
The Bush Administration may be unsure about Saddam Hussein, but it has already decided how to go after alleged evildoers in Big Business - with guns blazing. "If you're a CEO and you think you can fudge the books in order to make yourself look better, we're going to find you, we're going to arrest you and we're going to hold you to account, *President Bush sa id last week in Charleston, South Carolina
It didn't take long for the FBI to make good on that promise. A week after hauling in adelphia Communication's frail, white-haired founder, John Rigas, and two of his sons if they were armed and dangerous, FBI agents gave former WorldCom executives Scott Sullivan and David Myers the same star treatment, parading the handcuffed quarry in an early-morning prep walk and prompting Sullivan's lawyer to complain about "the unfair taint of the current political climate."
"We didn't have anything to do with it," a senior administration official says of the high-profile collars. "But of course they're a big help. It means the system is working, and that helps with [investor] confidence. "If so, that wasn't reflected in the stock market,which swooned on Thursday and Friday.
Arrests and indictments don't necessarily result in convictions- think back to the Wall Street scandals of the 1980s. But for now, with mid-term congressional elections looming and control of the House and Senate at issue, that's almost beside the point. Nor is the spectacle over. The House Energy and Commerce Committee in particular is contemplating more hearings later this year, with an invitation list that might include everyone from Global Crossing to Imclone, a committee source told TIME. And as Democratic opponents seize on the White House's cozy links to corporate America- and especially to Harken Energy and Halliburton - the Bust administration seems to believe that the best defense is a full-scale offensive.
Though by far the most visible, the World Com duo wasn't the only prey: telecom firm Qwest, already under investigation by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ), is close to restating the past three years of earnings by more than $1 billion; apparel maker Warnaco is now in the SEC's cross hairs; and prosecutors were driving a hard bargain in plea negotiations with Imclone's ex-CEO Samuel Waksal, insisting that he accept at least seven years in prison on insider - trading charges and declining to spare his family members from prosecution.
Question: 1
According to the passage, the American government is going to
According to the passage, the American government is going to
Updated On: Jul 22, 2024
- make Saddam Hussain's future think about his uncertain future.
- make sure Saddam Hussain's future remains uncertain.
- follow the example of alleged evil doers everywhere
- punish corporate crime expeditiously and decisively.
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The Correct Option is D
Solution and Explanation
The correct option is (D): punish corporate crime expeditiously and decisively.
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Question: 2
President Bush has warned corrupt businessmen that his officials will
I.track down criminals
II. detain them
III. verify transactions
President Bush has warned corrupt businessmen that his officials will
I.track down criminals
II. detain them
III. verify transactions
I.track down criminals
II. detain them
III. verify transactions
Updated On: Jul 22, 2024
- I only
- III only
- I, II and III
- I and II only
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The Correct Option is C
Solution and Explanation
The correct option is (C): I, II and III
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Question: 3
Which of the following statements best conveys the overall idea of the passage?
Which of the following statements best conveys the overall idea of the passage?
Updated On: Jul 22, 2024
- Too many businessmen are being too hastily prosecute
- Like Saddam Hussain, Big Business is in trouble.
- Electronic accounting systems have proved their inadequacy.
- Western business ethics have never been exemplary.
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The Correct Option is B
Solution and Explanation
The correct option is (B): Like Saddam Hussain, Big Business is in trouble.
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Question: 4
The FBI has fulfilled the president's warning by doing all of the following except
The FBI has fulfilled the president's warning by doing all of the following except
Updated On: Jul 22, 2024
- hauling in of John Rigas and his two sons
- arrest of World Com executives.
- Public display of men in handcuffs.
- Confiscating their movable and immovable properties.
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The Correct Option is D
Solution and Explanation
The correct option is (D): Confiscating their movable and immovable properties
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Question: 5
The stock market swooned on Thursday and Friday despite
The stock market swooned on Thursday and Friday despite
Updated On: Jul 22, 2024
- senior officials having high profiles collars.
- Thursday and Friday being auspicious days.
- Claims that the system works in creating investor confidence
- Big help forthcoming from big business sources.
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The Correct Option is C
Solution and Explanation
The correct option is (C): Claims that the system works in creating investor confidence
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Question: 6
The wall street scandals of 1980s show that
The wall street scandals of 1980s show that
Updated On: Jul 22, 2024
- midterm congressional dictions delay arrests
- House and Senate members have immunity
- Getting conviction is the hardest part of prosecution
- Even spectacles can be incriminating evidence.
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The Correct Option is C
Solution and Explanation
The correct option is (C): Getting conviction is the hardest part of prosecution
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Question: 7
The passage states that the House Energy and Commerce Committee
The passage states that the House Energy and Commerce Committee
Updated On: Jul 22, 2024
- is preparing a list of invitations to a party
- plans postponements due to hearing problems
- has started investigating Global Crossing and In Clone
- regards TIME as a reliable source of information.
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The Correct Option is C
Solution and Explanation
The correct option is (C): has started investigating Global Crossing and In Clone
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Question: 8
In order to deal with the situation the present American government wants to
In order to deal with the situation the present American government wants to
Updated On: Jul 22, 2024
- offer copy hospitality in the White House
- seize Democratic Party members if they oppose
- hire Harken Energy and Hallibuton to placate them
- adopt an active rather than a passive form of law enforcement.
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The Correct Option is D
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The correct option is (D): adopt an active rather than a passive form of law enforcement
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Question: 9
More than a billion dollars as discrepancy in their accounts relates to
More than a billion dollars as discrepancy in their accounts relates to
Updated On: Jul 22, 2024
- World Com
- Quest
- Warnaco
- ImClone
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The Correct Option is A
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The correct option is (A): World Com
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Question: 10
In this passage, full-scale means
In this passage, full-scale means
Updated On: Jul 22, 2024
- the same size
- complete and thorough
- metric system
- imperial system
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The Correct Option is B
Solution and Explanation
The correct option is (B): complete and thorough
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Top Questions on Reading Comprehension
- Read the excerpt from a Handicrafts Manual: ‘Advanced Knitting Techniques’ and answer the following questions by choosing the most appropriate answer.
THE FAIR ISLE METHOD: Fair Isle knitting is a traditional technique that involves using two or more colours of yarn in a single row to create intricate patterns and designs. This method requires careful tension management to ensure even stitches and prevent puckering. To begin, select your colours and cast on the desired number of stitches. As you knit, alternate between colours every few stitches, carrying the unused yarn along the back of the work. Mastering the Fair Isle technique allows you to create stunning visual effects in garments, accessories, and home textiles.
THE CONTINENTAL STYLE: The Continental knitting style, often referred to as “picking,” involves holding the yarn in the left hand while the right hand manipulates the needles. This method allows for greater speed and efficiency, particularly when working with complex patterns or multiple colours. To practice this style, start by casting on your stitches and using your left hand to tension the yarn. With each stitch, simply “pick” the yarn with your right needle, forming a quick and fluid motion. As you become comfortable with this technique, you may find that your overall knitting speed and comfort improve significantly.
THE SHORT-ROW TECHNIQUE: Short-row knitting is an advanced technique that allows for the creation of shaped garments, such as sleeves and shoulders, without the need for complex shaping. To make a sleeve using this technique, begin by casting on the required number of stitches. Work a portion of the row, then turn your work and return without completing the full row to create the “short rows” that shape the curves of the sleeve. To prevent holes at the turn, wrap the stitch before you turn your work. Repeat this process as needed to achieve the desired shaping and dimension of the sleeve. Once you have shaped the sleeve, you can then sew the side seams to connect the pieces of your garment and finally, complete the edges to ensure a clean finish. This method not only helps shape curves but also adds dimension to your piece, allowing you to enhance fit and style.- AILET BALLB (Hons.) - 2025
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- Read the following passage and answer the following questions by choosing the most appropriate answer.
The Story of Coffee
Coffee, a beloved beverage enjoyed by millions around the globe, has a rich and captivating history that spans centuries. The story of coffee begins in the ancient highlands of Ethiopia, where, according to legend, a goat herder named Kaldi discovered the stimulating effects of coffee beans. One day, Kaldi noticed his goats frolicking with unusual energy after eating red berries from a certain tree. Curious, he tried the berries himself and experienced a newfound alertness. This discovery soon spread to monasteries, where monks used it to stay awake during long hours of prayer. From Ethiopia, coffee cultivation and consumption spread to the Arabian Peninsula, particularly in Yemen, where the practice of roasting coffee beans and brewing the drink began to take shape. By the 15th century, coffee had become a popular beverage in the Islamic world, with coffee houses known as ‘qahveh khaneh’ emerging as social hubs for conversation, music, and intellectual exchange. These coffee houses became centers of culture and commerce, influencing the spread of coffee to Turkey and beyond, eventually reaching Europe. In Europe, coffee initially faced resistance from religious authorities who considered it a ‘Muslim drink’ and tried to ban it. However, its popularity persisted, and by the 17th century, coffee houses had sprung up in major European cities, becoming important gathering places for artists, writers, and thinkers. The stimulating effects of coffee were embraced during the Age of Enlightenment, where it was seen as a catalyst for intellectual discussion and innovation. The journey of coffee continued with the establishment of colonial plantations in tropical regions such as the Caribbean, Central and South America, and Southeast Asia. These plantations fuelled the global demand for coffee, transforming it from a regional specialty to a major commodity. The industrial revolution further accelerated coffee production and consumption, leading to innovations in coffee brewing methods and the development of instant coffee. In the modern era, coffee has evolved into a deeply ingrained part of daily life for people worldwide. Its cultural significance spans from the bustling cafes of Paris to the quiet coffee farms of Colombia. Today, coffee remains not only a popular beverage but also a symbol of social interaction, productivity, and enjoyment. Whether sipped slowly over a conversation with friends or grabbed hastily on the way to work, the story of coffee continues to unfold, intertwining with the histories and cultures of countless societies across the globe.- AILET BALLB (Hons.) - 2025
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The intricate world of modern manufacturing is a web of precision and innovation, where even the tiniest components play a pivotal role. One such element, often overlooked but crucial, is the sub-subpart. Whether it’s a carpenter fashioning a bespoke piece of furniture or an automobile engineer designing the next generation of vehicles, the creation of sub-subparts is a fundamental process that demands meticulous craftsmanship and cutting-edge technology. In the realm of woodworking, carpenters frequently work with sub-subparts like dowels, screws, and hinges. These minute components may appear insignificant, yet they determine the structural integrity and functionality of the final product. Crafting a dowel, for instance, begins with selecting the appropriate wood species, followed by precision cutting and shaping. The result is a perfectly cylindrical, sturdy sub-subpart that seamlessly joins two larger pieces of wood. The advent of computer-aided design (CAD) and computer numerical control (CNC) machines has revolutionised this process, enabling carpenters to create sub-subparts with unparalleled precision.
Similarly, in the automobile industry, sub-subparts are the unsung heroes of vehicle construction. Take, for instance, the ball bearing—a minuscule but essential component in the wheels and transmission system. Manufacturing these precision-engineered spheres involves intricate processes like forging, heat treatment, and precision machining. Modern techniques such as laser cutting and 3D printing have streamlined production, ensuring that these sub-subparts meet the demanding standards of the automotive sector. The manufacturing of sub-subparts is a testament to the convergence of traditional craftsmanship and cutting-edge technology. Whether it’s a carpenter’s workshop or a high-tech automotive assembly line, the quest for perfection in sub-subpart creation remains unwavering. The attention to detail and precision required in these processes is a testament to the dedication of craftsmen and engineers alike.
To conclude, while sub-subparts may be small in size, their significance in various industries cannot be overstated. Whether it’s a carpenter working on a timeless piece of furniture or an automotive engineer striving for superior performance, the manufacturing of sub-subparts is a crucial step towards achieving excellence in craftsmanship and technology. This fusion of tradition and innovation accentuates the essence of modern manufacturing.- AILET BALLB (Hons.) - 2025
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Since reproductive success is the most critical factor in the sustainability of any species, the extent of this threat to marine life and genetic diversity can hardly be overstated. After several months in hypoxic waters, female fish produce fewer eggs. Moreover, hypoxic conditions serve to alter the normal ratio between two particular hormones manufactured during the embryonic stage when a fish's gender is determined. During gestation and under these conditions, the mother produces more testosterone (and less estradiol), which inhibits the development of female reproductive organs and other female characteristics in the embryo, while promoting the development of male traits.
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