1. A ( tried Elimination )
1.The passage is most probably an excerpt from
(A) an economic history of Japan
--> Passage talks of economic elements like tax, Trade, commerce, tax collectors etc. As well, it points to sscenario in past covering economic shape at that time.
(B) the memoirs of a samurai warrior
--> The passage is not only limited to samurai warriors but all the feudal overlords. refre Line 1.
(C) a modern novel about eighteenth-century Japan
--> The passage discuss the condition as it was in 18th century without any comparision with modern activities.
(D) an essay contrasting Japanese feudalism with its Western counterpart
->No mention of western counterpart
(E) an introduction to a collection of Japanese folktales
--> The passage accounts for actual economic condition in 18th century rather than folktales.
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2. D -- > Levying forced loan was supposed to increase the revenue so that economic situation could be better. However, loan increased the prices while the income was fixed and hence purchasing power decreased and thus nullifying the positive impact of the remedial effort. Its a kind of deadloack situation.
(A) A small business borrows heavily to invest in new equipment, but is able to pay off its debt early when it is awarded a lucrative government contract.
--> If small business can pay its debts, they would find themself in better condition.
(B) Fire destroys a small business, but insurance covers the cost of rebuilding.
--> Insurance covers for the loss and hence small business can survive and getting insurnace has no adverse impact on the business rather it would boost it up.
(C) A small business is turned down for a loan at a local bank because the owners have no credit history.
-> It shows a circular or deadlock situation ie if you dont have a credit history then you dont get loan but if you dont have money how would have a credit history. But its more of a trap. The situation described in situation wants a remedial effort which nullyfied by one of the consequences of that effort.
(D) A small business has to struggle to meet operating expenses when its profits decrease.
--> This seems best. Small businees takes some action to grow its business but ultimately the profit is decreasing. Similar to sitution where efforts were taken to increase the revenue but in reality profit was descresing because of rising prices and fixed income.
(E) A small business is able to cut back sharply on spending through greater commercial efficiency and thereby compensate for a loss of revenue.
-->if the remedial effort can lead to the solution , then its not analogous to the situation mentioned in the passage.
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3.Which of the following best describes the attitude of the author toward the samurai discussed in lines 11-16?
(A) Warmly approving
(B) Mildly sympathetic
--> Just picked based on the tone of the passage.
(C) Bitterly disappointed
(D) Harshly disdainful
(E) Profoundly shocked
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4.A
4.According to the passage, the major reason for the financial problems experienced by Japan’s feudal overlords in the eighteenth century was that
(A) spending had outdistanced income
-->income, despite the increase in rice production among their tenant farmers, failed to keep pace with their expenses. Rest are the reasons/evidences why couldn't they keep up with growing economy.
(B) trade had fallen off
(C) profits from mining had declined
(D) the coinage had been sharply debased
(E) the samurai had concentrated in castle-towns
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5 .(E) There was a limit to the amount in taxes that farmers could be made to pay
based on --> "It was difficult for individual samurai overlords to increase their income because the amount of rice that farmers could be made to pay in taxes was not unlimited"
The taxes were not unlimited meaning there was a limit to it.
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6.The passage suggests that, in eighteenth-century Japan, the office of tax collector
-->based on "the nearly inevitable outcome of hereditary office-holding"
7. D. 'This' refers to a situation of economic condition where overlords were not able to raise the income levels
Which of the following could best be substituted for the word “This” in line 47 without changing the meaning of the passage?
(A) The search of Japan’s Tokugawa shoguns for s
lvency --> Just a specific situation and it has been mentioned in passage later.
(B) The importance of commerce in feudal Japan
--> Importance of commerce is higlighted beacuse of situaation pointed by 'This'.
(C) The unfairness of the tax structure in eighteenth century Japan
--> Tax structure never said to be unfair
(D) The difficulty of increasing government income by other means
--> Author discusses many options which failed to increas the income. And this led to looking for commerce as viable option. Best Answer
(E) The difficulty experienced by both individual samurai and the shogun himself in extricating themselves from debt
--> Just a specific case