Multiple Choice Questions on The publishing industry of India was badly hit during the lockdown because I all major summer r........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

The publishing industry of India was badly hit during the lockdown because I all major summer r...........

English (CUET) Reading comprehension (P)
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                                                                                                           times ahead, they are certainly going to be interesting times.

    The publishing industry of India was badly hit during the lockdown because

    I. all major summer releases were either pushed back or postponed.

    II. they were already quite leveraged in the market and with heavily extended cash-flows they couldn't stay afloat.

    III. there was literally zero sale of physical copies of books during these times.

    IV. there was no other alternative source through which they could sell books.

     

    I and II
     

    Incorrect Answer

    III and IV
     

    Incorrect Answer

    I, II and III


     

    Correct Answer

    I, II, III and IV

    Incorrect Answer
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    Explanation:

    - Statement I: Major summer book releases were either postponed or pushed back, affecting the industry's timelines and revenue streams.

    - Statement II: The publishing industry was highly leveraged with extended cash flows, making it hard for them to survive financially during the lockdown.

    - Statement III: There was virtually no sale of physical book copies during the lockdown, impacting sales severely.

    - Statement IV: Claims there was no alternative way to sell books, which is not entirely true due to online sales possibilities.

    Correct Option: Option 3 - I, II, and III.

    By: Parvesh Mehta
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