CAT 2004 — VARC Question 8
Fill up the blanks A, B, C ... F, in the two passages below with the most appropriate word from the options given for each blank.
"Between the year 1946 and the year 1955, I did not file any income tax returns". With that ______A______ statement, Ramesh embarked on an account of his encounter with the Income Tax Department. "I originally owed Rs. 20,000 in unpaid taxes. With _____B________ and _______C______, the 20,000 became 60,000. The Income Tax Department then went into action, and I learned firsthand just how much power the Tax Department wields. Royalties and trust funds can be ______D_______; automobiles may be _______E______, and auctioned off. Nothing belongs to the ______F_______ until the case is settled."
For Blank D-
Answer & solution
- A
closed
- B
detached
attached
- D
impounded
In legal terms, attach means ‘to seize persons or property by legal writ’. Impound also has a similar meaning– ‘to seize and retain in legal custody’. The word is generally used in terms of confiscating illegal possessions. But, for royalties and trust funds when seized by the use of a legal writ are said to be attached. Detached being the opposite, does not apply. Nor does the word ‘closed’.
Hence, the correct answer is option 3.