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Welcome to Online English Section with explanation in Affairs Cloud.com. Here we are creating question sample in Cloze test, which is BASED ON IBPS PO/CLERK/LIC AAO/RRB & SSC CGL EXAM and other competitive exams !!!
India’s rising number of proposed smart cities need focused tax and non-tax revenue, both devolved and locally-generated (1) , to change the reality on the ground. Otherwise, our urbanisation process would remain (2) and stunted, constraining overall economic growth. Urban local bodies can raise resources by issuing municipal bonds only if they have the (3) means to service this borrowing.
With 27 new cities selected under the Centre’s Smart Cities Mission, the total now stands at 60, which seems impressive.
But the reality is that there is no clear-cut mechanism for regular resource transfers to our urban centres. The report of the Fourteenth Finance Commission (4) the fact that constitutional provisions place “local government squarely” in the state list, with states having unquestioned (5) to assign functions and resources to municipalities. This surely needs to change. We clearly need more clear-cut mechanism (6) for resource transfers to our cities, generate as they do a growing and disproportionately large portion of our national income.
The finance commission report (7) the huge potential for local generation of funds. More realistic property tax is one avenue, as the per-capita revenue from the tax (8) from Rs 42 to less than Rs 1,700 in 2012-13. There is much scope to increase revenue from vacant land, including a betterment tax. Taxes like those on (9) and entertainment, besides octroi, will get subsumed in the goods and services tax. Besides, our cities do need to shore up user charges from utilities, public transport and parking. Further, the report suggests that local bodies be compensated for civic services provided to state and central government offices. Cities must raise far more (10) on their own, than they do at present.
- 1) resources
2) dishearten
3) dissuade
4) persuade
5) emceeAnswer – 1)
Explanation : resources - 1) triggered
2) blighted
3) appealing
4) sunny
5) ignitedAnswer – 2)
Explanation : blighted - 1) impossible
2) unachievable
3) fluctuate
4) viable
5) unpracticalAnswer – 4)
Explanation : viable - 1) renege
2) repeal
3) repossess
4) repudiate
5) reiteratesAnswer – 5)
Explanation : reiterates - 1) thoughtlessness
2) congestive
3) discretion
4) carelessness
5) indiscretionAnswer – 3)
Explanation : discretion - 1) allinged
2) disorganize
3) perceptual
4) design
5) disorderAnswer – 4)
Explanation : design - 1) emphasised
2) insignificance
3) importance
4) criticising
5) cringingAnswer – 1)
Explanation : emphasised - 1) fascinating
2) pertinence
3) detest
4) exciting
5) variedAnswer – 5)
Explanation : varied - 1) hoardings
2) distributions
3) permissions
4) perversions
5) reversionsAnswer – 1)
Explanation : hoardings - 1) credit
2) amount
3) payment
4) revenues
5) debtAnswer – 4)
Explanation : revenues
