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heena

· started a discussion

· 1 Months ago

why not d option???

Question:

DIRECTIONS: Choose the statement closest to the idea expressed in this paragraph.


“Time to bust some myths about the EPF Organisation, India’s only social security fund manager for non-government workers, though what follows is not published on a regular basis. Active membership is just about 5 percent, and only 17 percent of the members account for 84 percent of the balances. That’s only Rs. 20000/- each! Less than 7 percent have a deposit amount more than

5 lacs!”

Options:
A)

EPF is an efficiently managed organization about which no one knows correctly

B) EPF is an inefficient organization
C)

EPF Organisation takes care of future fund requirements of investors adequately

D)

EPF Organisation does not have enough funds to take care of secure future

E)

EPF is an efficiently managed organization about which everyone knows correctly

Solution:

As per the passage, there is an imbalance between the number of members and the number of members accounted for holding balances. In addition, the active membership of the company is just 5 percent. This implies that the company

doesn’t utilize its resources properly. Hence, (b) is correct.

Option (a) is contradictory to the main idea. Options (c) and (d) are beyond the scope of the passage as nothing has been mentioned about the future fund requirements.

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