NinetynineCAT 2018 Slot 2 VARC Q25 Para Jumbles
Question 25 of the Verbal Ability & Reading Comprehension (VARC) section, CAT 2018 Slot 2, with CAT's official answer.
1. It was his taxpayers who had to shell out as much as $1.6bn over 10 years to employees of failed companies.
2. Companies in many countries routinely engage in such activities which means that the employees are left with unpaid entitlements.
3. Deliberate and systematic liquidation of a company to avoid liabilities and then restarting the business is called phoenixing.
4. The Australian Minister for Revenue and Services discovered in an audit that phoenixing had cost the Australian economy between 2.9bn and 2.9bn and 5.1bn last year.
2. Companies in many countries routinely engage in such activities which means that the employees are left with unpaid entitlements.
3. Deliberate and systematic liquidation of a company to avoid liabilities and then restarting the business is called phoenixing.
4. The Australian Minister for Revenue and Services discovered in an audit that phoenixing had cost the Australian economy between 2.9bn and 2.9bn and 5.1bn last year.
TITA: type in the answer. There are no options and no negative marking.
Answer: 3241 Para Jumbles TITA
A worked solution for this question is being written. Meanwhile, practise it in a timed mock and see how other aspirants did.