Assignment VII Class 10 - 2024-2025
Assignment VII Class 10 - 2024-2025
Assignment VII Class 10 - 2024-2025
Q.1 Read the following passage carefully and answer the questions that follow:
A Russian proverb advises us not to buy a house, but the neighbourhood. While till some years
ago, it was impossible to dictate who lived with you in the same quarters, today when you think
of buying a home, you could actually create your own dream neighbourhood- thanks to the
Internet and the group buying model. The group buying model has been applied in different
industries, from cars to baby merchandise to pet care products. Now, the trend is catching on in
the real estate sector, with many sites as well as broking firms offering group deals on real
estate projects in India.
The way it works is simple. Take xxx.com for example. This is an online and
offline integrated platform that showcases property. It uses social media networks to let buyers
know about possible good deals and leaves it to them to do some viral marketing. Once a large
group of buyers is ready, the developer helps negotiate a suitable discount.
Since the developer doesn't have to pay for the marketing, it is willing enough to pay
these companies a transaction fee which is a percentage of the total value of the deal. For the
buyers, it offers the rates at no fee, thus making it a win-win proposition for all involved.
The developer also benefits by getting substantial cash flow, giving them a good amount of
working capital. "In today's real estate scenario, bulk buying could be the answer
to the market slump and the long-awaited cash flow," says the Founder of xxx.com.
Sometimes, the discount size is not to be sneered at. Discounts on group buying vary from 5-
30 percent, the average divergence from the market rate being 25-30 percent. Customer
'buy-in' is the model. But is it a temporary fad?
In a way, the online group buying set-up is similar to the model developers share with
speculators, who buy in bulk even before the project gets kick-started and get discounts of 30-
40 percent. They pay 50 percent of the property value upfront. Group buying companies prove
more beneficial for developers as they get away with providing lesser discounts than
speculators.
Some sound a note of caution on the trend. Present conditions are conducive for this business
model as group buying works well in a situation where stocks are moving slowly, markets are
jittery and there is ample supply. It may not work in a seller's market. Another caution is
very often the builders do not offer the best inventory to the group in terms of location and
utility. The buyers have to use their astute judgment to avoid such traps.
On the basis of your understanding of the above passage answer each of the questions
with the help of options that follow.
1. The discount size on group buying, compared to the usual discount to speculators is
usually
A. Less
B. More
C. Equal
D. Unpredictable
6. Which of the following best describes the meaning of the Russian proverb being quoted?
A. It is better to rent a house than to buy it.
B. Don't buy a single flat, buy multiple flats
C. Fools build houses wise people live in them
D. Buy house after negotiating the deal
7. Which of the following is one of the questions posed in the passage?
A. Is the group buying model a temporary fad?
B. Is the builder offering you the best inventory?
C. Should we buy a house or the neighbourhood?
D. Are present market conditions conducive for this business?
9. In Which of the following situations the customer & buyers; model may not work?
A. Buyers market
B. When markets are booming with ample supply
C. When there is a short supply
D. When houses are comparatively cheap
10. Which of the following is not true in the context of the passage?
A. The Speculators also buy in bulk
B. Social media network is used for marketing group buying
C. The group buying companies take a transaction fee from both Buyers as well as
Developers
D. The Speculators get a better deal in terms of discounts as compared to that of other group-
buying companies
Q.2 Write an email to the Admission Officer of Ayra International College for Women,
asking him/her about the information on the admission process, fees, hostel facility, and
eligibility criteria for your course
Q.3 Complete the paragraph given below by filling in the blanks choosing the correct
option from those that follow:
Childhood is a time when there are 1._____ responsibilities to make life difficult. If a child
2.______ good parents, he is fed, looked 3._______ and loved, whatever he may do, it is
improbable that he will ever again in his life 4._______ given so much without having to do
anything 5._______ return. In addition, life is always 6._______ new things to the child. A
child finds 7._______ in playing in the rain or in the snow. His first visit 8.________ the
seaside is marvellous adventure. But a child has his pains; he is not free to do as he wishes;
he is continually being 9._______ not to do things or is being 10._______ . His life is
therefore not perfectly happy.
1. 2. 3.
a. many a. had a. up
b. little b. have b. at
c. few c. has c. after
d. more d. will have d. around
5. 6. 7.
9. 10.
a. ordered a. beaten
b. told b. penalised
c. forbidden c. disturbed
d. restricted d. punished
Q.4 Complete the paragraph given below by filling in the blanks choosing the correct
option from those that follow:
Actually every day we are engaged in this business of ‘reading‘ people. We do it ——–1——
—. We want to figure others out. So we ———2——– make guesses about what others
think, value, want and feel and we do so based on our ———-3——– beliefs and
understandings about human nature. We do so because if we can figure out ——-4———-
and intentions of others the possibility of them ———–5——– or hurting us ———–6——
— and this will help us to ———–7——— a lot of unnecessary pain and trouble. We also
make second-guesses about what they will do in future, how they will ——–8——– if we
make this or that response. We do all this second-guessing based upon our ———-9——– of
what we believe about the person’s inner nature ———10——— his or her roles and
manners. We mind-read their ————11——– motives.
1. 1) vehemently 2) practically 3) actually 4) incessantly 5) virtually
2. 1) ably 2) constantly 3) partly 4) largely 5) positively
1. How did Mijbil behave in the beginning? Did some change come in the otter afterwards?
2. What compulsive habits like children did Mijbil develop during walks in the London
streets?