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Solution :- 

ans 1

Sol: Option (3)

Explanation: According to the passage, the said bill is already passed by the Parliament and is in the process of being converted into law very soon. So, it is set to become a law in the country very soon.

ans 2

Sol: Option (2)

Explanation: Any law enters the statute books once it is cleared by both the Parliament and the President. The said bill will also take the same course once it is passed by the President after being sent to him for approval and will enter the statute books of Indian laws.

ans 3

Sol: Option (4)

ExplanationThe new bill has been passed by the Parliament in order to develop the real estate sector of the country in a better and more meaningful manner in the future. It is expected that the bill will be able to achieve this purpose in the near future for the sector.

ans 4

Sol: Option (3)

Explanation: The new law is expected to be beneficial since it will help the real estate sector of the country get its credibility back in the near future. The law will give the buyers the way to fight for their rights and will help the sellers gain the confidence of the buyers.

ans 5

Sol: Option (1)

Explantion: The new law is expected to help in the development of the real estate sector and that is why, it is going to give a push to the sector in the country. It means that the new law will help the sector to improve in the country regarding best practices in the industry.

ans 6

Sol: Option (1)

Explanation: ‘At par’ means that two things are equal in some or every aspect. In this passage, it means that the Indian laws will be equal to those followed by the developed countries of the world regarding the real estate sector. Hence, India will at par with developed countries regarding real estate sector of the country.

ans 7

Sol: Option (2)

Explanation: The new law is going to help buyers of real estate properties fight against any injustice meted out to them by the developers of a property and that is why, the developers violating the rules can be brought to book easily. This means that these developers will be accountable to the regulatory authority that is proposed to be set up as per the provisions of the new law.

ans 8

Sol: Option (2)

Explanation: The new law is going to help the buyers of the real estate properties fight against any kind of injustice done to them by the real estate developers and in that way, the customers can complaint against any wrongdoing. This will help protect the consumer rights in the country.

ans 9

Sol: Option (2)

Explanation: The new law clears the issue of built up area as this was one area which used to court a lot of controversies regarding the real estate sector in the country. It was fraught with a lot of confusion earlier in the absence of any clear rule regarding the same.

ans 10

Sol: Option (3)

Explantion: According to the new law, the developers need to take the consent of flat owners in a real estate property before changing the number of floors in the property. This means the flat owners need to approve of any change of plan by the real estate developer as two third majority is required in this case as per the new law.

 

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