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Multiple Choice Questions

S1 Income inequality in less developed countries is worse than most estimates S6 The tax regime in t...........

General English Parajumbles

Directions In the following five items, each item consists of six sentences of a passage. The first and sixth S,are given at the beginning as S1 and S6. The four sentences in between S1 and S6 in each question have been jumbled up and labelled as P, Q, R, and S. You are required to find the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

S1 : Income inequality in less-developed countries is worse than most estimates.

S6 : The tax regime in these countries needs to be progressive and futuristic.

P: There is a staggering level of difference between the income metrics and the actual income of --the prosperous in such countries.

Q : The effective tax rates are not really progressive with regard to income.

R : They need to be reengineered to bring into the tax net the enormous sums of 'missing' income.

S : They are even less so with regard to wealth.

This questions was previously asked in

EPFO EO AO 2023

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QSPR

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SRPQ

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Explanation:

The correct answer is: Option 3. QSRP

Explanation

S1: Income inequality in less-developed countries is worse than most estimates.
This sets the context — income inequality is a serious issue.

Now, looking at the jumbled sentences:

Q: The effective tax rates are not really progressive with regard to income.
This continues the thought from S1, suggesting a reason why inequality is so bad.

S: They are even less so with regard to wealth.
Builds on Q, comparing income tax progressiveness with wealth taxation.

R: They need to be reengineered to bring into the tax net the enormous sums of 'missing' income.
Logical consequence of Q and S — the tax systems need reform.

P: There is a staggering level of difference between the income metrics and the actual income of the prosperous in such countries.
Explains why the reforms in R are necessary — because of hidden wealth/income.

S6: The tax regime in these countries needs to be progressive and futuristic.
Concludes by summarizing the need for reform.

Full sequence:
S1 → Q → S → R → P → S6

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