Question

Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
Complete the following sentence by selecting the alternative which is most appropriate in the context of the passage. Although it was assumed that retail chain giants would squeeze out middlemen from the farming sector...

• A. The retail chain giants helped the farmers get subsidies from the government.
• B. India is still contemplating allowing foreign direct investment in multi-brand retailing.
• C. The retail chain giants themselves proved to be a gambling version of the smaller middlemen.
• D. The government was more concerned about the welfare of the farmers.
• E. None of the above.

Answer 1

The correct option is C The retail chain giants themselves proved to be a gambling version of the smaller middlemen.

Although it was assumed that retail chain giants would squeeze out middlemen from the farming sector, the retail chain giants themselves proved to be a gambling version of the smaller middlemen.