English Reading Comprehension Questions
Reading Comprehension Practice Test. Reading Comprehension based on different editorial like; The Hindu, Economics Times, Times of India etc. Welcome to the Let’s Study Together online English section. If you are preparing for Banking and Insurance Exams, you will come across Reading Comprehension Questions in English language section. Here we are providing you English Reading Comprehension Questions for Banking Exams , based on the latest pattern of your daily practice.
Reading Comprehension Questions will help you learn concepts on important topics in English Section. This “English Reading Comprehension Questions for Banking Exams “ is also important for other banking exams such as SBI Clerk, IDBI Executive and Syndicate PO, IBPS PO, IBPS Clerk, SBI Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO and other competitive exams.
Reading Comprehension Questions for Banking Exams | Set –2
Directions:(1-10) Read the following passage carefully and answer the questions.
Over the last three centuries the world economy has evolved from a predominantly agriculture-based system to a digital economic system. The earlier economies were mainly agrarian. In this era, capital did play a role as did technological innovations such as the plough, the steamboat or the train. But land and labour were more critical.
With the service economy, the wealth create by services exceeded the wealth created through manufacturing. Here the ability of the service provider to establish a sound business gave him access to additional capital. This evolved into a global economy where goods and services were traded across international borders with little restriction. In this period, capital started flowing across borders on a large scale for the first time.
The last five years have seen the advent of the digital economy where technology is becoming the driving force. With information being the driver of value and wealth creation, information technology is becoming the key to success in a growing number of industries. In the digital economy, the power of innovation and ideas have gained the upper hand over direct access to capital.
The Indian economy is in a unique position in terms of its economic evolution. While manufacturing and service industries in India cannot freely access capital, the new breed of IT based industries have access to venture capital and private equity. The country’s potential in this emerging sector has opened the doors to capital inflows that are still not available to traditional industries.
There are two key trends which will boost the democratization of capital, either directly as funding sources or indirectly.
More effective capital market routes especially for information based and software companies.
This is already happening rapidly. A market that was supposed to bestagnating with no public offering from the manufacturing sector in the first quarter of the fiscal year, may see as many as 20-25 new software issues this year. Numerous Internet and e-commerce companies are tapping funds through the capital market. For the financial intermediaries as well as for the investing public, dot com or ‘info’ initial public offerings are fast becoming attractive investment alternatives to traditional manufacturing or financial sector offers.
With more effective capital markets, for high potential IT stocks, ‘critical mass’, which in the industrial economy was primary in ensuring as company’s ability to raise capital, will cease to matter. This underlines the manner in which a burgeoning digital economy has led to a redeployment of capital from a concentrated segment to the smaller knowledge entrepreneur.
A greater number of venture capitalists are actively seeking to fund budding knowledge entrepreneurs. Along with the rise in Net entrepreneurs one has seen the emergence of a new breed of venture capitalists who recognize the potential that resides in these ideas. The emergence and strengthening of the virtual economy necessitates sources of funds at the ‘ideation’ stage where business plans may still be at the infancy stage and potential not clearly identified.
This need is being fulfilled by the incubator funds or the angel investors who hand-hold Internet start-ups and other Info Tech ventures till the stage at which they can attract bigger investors. Instead of looking at high risk but big ventures, this genre of venture capitalists are looking at investments in companies which have the potential of excellent valuations in the future on the strength of their ideas.
1. Which of the following has been rated as most crucial in agro based economy?
(i) Land
(ii) Labour
(iii) Capital
2. How did service economy evolve into a global economy? 3. Which of the following best describes the phrase “critical mass” as used in the passage? 4. The public offer of which type of companies are preferred by the investors at present? 5. What impact on economy has been envisaged owing to rise in net enterprise? 6. Which trend can boost capital growth in the modern era?
7. Choose the word which is most nearly the SAME in meaning to the word printed in colored used in the passage. Advent
8. Choose the word which is most nearly the SAME in meaning to the word printed in colored used in the passage. Traditional 9. Choose the word which is most nearly the OPPOSITE in meaning to the word printed in colored used in the passage. Burgeoning 10. Choose the word which is most nearly the OPPOSITE in meaning to the word printed in colored used in the passage. Stagnating Note:
SBI Clerk Mains 2020 Cracker E-Book ( Special Edition) – 7500+ Questions with Detailed Answers of All Subjects
Attempt Free Mock Tests & Get Free eBooks
