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Reading Comprehension

Reading Comprehension: English Reading Comprehension Exercises with Answers, Sample Passages for Reading Comprehension Test for GRE, CAT, IELTS preparation

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English Reading Comprehension Test Questions and Answers. Improve your ability to read and comprehend English Passages

Q331. > Despite the economic crunch worldwide that saw pulverization of some > of the largest banking and finance giants, Indian banking houses have > managed to show positive growth this quarter. Some of India’s leading > national banks have posted a net profit rise of more than 40% over the > last quarter amid global turmoil. This would come as a big shot in the > arm for the investors and consumers of these banks even though > apprehension is mounting on other banking and broking firms worldwide. > One of the main reasons behind the success of these banks this > quarter, would be their direct backing by the Government of India. > People take solace in their investments in public sector watching the > bailout packages being cashed out by governments all over the world to > save big business houses. Other private banks in India have also > reported a substantial net profit over the last quarter. Given the > internal and domestic scenario, one cannot put this down as a mundane > achievement. While others are on a cost-cutting spree and firing > employees, Indian companies are actually working on boosting staffing > in banking and broking sector. This can be seen as a big boon in the > days to come when the current recession eases and the economy > gradually comes back on to the fast track. The finance minister has > assured Indian public about the sound health of all Indian banks. This > could also be evident from the fact that there have been no mergers > and takeovers in Indian banking sector in a contrast to world scenario > where finance houses are looking for mergers to cut costs on > operations. We definitely are not looking to thrive; rather we are > looking for growth. It is just that the pace of growth is a little > slow now as compared to a year or two before. These are hard times to > test the hard. The weak in business and career will be weeded out and > it is sometimes very beneficial for business in the long run. How, according to the author, is the current recession beneficial?

  1.  Worldwide companies have realized that India is a strong power to reckon with.
  2.  India is surging ahead of the other Companies throughout the world.
  3.  After the recession is over international companies will turn to India for investment.
  4.  Recession is bringing down the prices of essential commodities.
  5.  None of these

Solution : None of these
Q332. > Despite the economic crunch worldwide that saw pulverization of some > of the largest banking and finance giants, Indian banking houses have > managed to show positive growth this quarter. Some of India’s leading > national banks have posted a net profit rise of more than 40% over the > last quarter amid global turmoil. This would come as a big shot in the > arm for the investors and consumers of these banks even though > apprehension is mounting on other banking and broking firms worldwide. > One of the main reasons behind the success of these banks this > quarter, would be their direct backing by the Government of India. > People take solace in their investments in public sector watching the > bailout packages being cashed out by governments all over the world to > save big business houses. Other private banks in India have also > reported a substantial net profit over the last quarter. Given the > internal and domestic scenario, one cannot put this down as a mundane > achievement. While others are on a cost-cutting spree and firing > employees, Indian companies are actually working on boosting staffing > in banking and broking sector. This can be seen as a big boon in the > days to come when the current recession eases and the economy > gradually comes back on to the fast track. The finance minister has > assured Indian public about the sound health of all Indian banks. This > could also be evident from the fact that there have been no mergers > and takeovers in Indian banking sector in a contrast to world scenario > where finance houses are looking for mergers to cut costs on > operations. We definitely are not looking to thrive; rather we are > looking for growth. It is just that the pace of growth is a little > slow now as compared to a year or two before. These are hard times to > test the hard. The weak in business and career will be weeded out and > it is sometimes very beneficial for business in the long run. What, according to the author, will be a big boon in the days to come?

  1.  The economy coming back on the fast track
  2.  The slowing down of the economy
  3.  Increased hiring in Indian financial sector in times of economic slowdown
  4.  The cost cutting carried out by all the companies
  5.  None of these

Solution : Increased hiring in Indian financial sector in times of economic slowdown
Q333. > Despite the economic crunch worldwide that saw pulverization of some > of the largest banking and finance giants, Indian banking houses have > managed to show positive growth this quarter. Some of India’s leading > national banks have posted a net profit rise of more than 40% over the > last quarter amid global turmoil. This would come as a big shot in the > arm for the investors and consumers of these banks even though > apprehension is mounting on other banking and broking firms worldwide. > One of the main reasons behind the success of these banks this > quarter, would be their direct backing by the Government of India. > People take solace in their investments in public sector watching the > bailout packages being cashed out by governments all over the world to > save big business houses. Other private banks in India have also > reported a substantial net profit over the last quarter. Given the > internal and domestic scenario, one cannot put this down as a mundane > achievement. While others are on a cost-cutting spree and firing > employees, Indian companies are actually working on boosting staffing > in banking and broking sector. This can be seen as a big boon in the > days to come when the current recession eases and the economy > gradually comes back on to the fast track. The finance minister has > assured Indian public about the sound health of all Indian banks. This > could also be evident from the fact that there have been no mergers > and takeovers in Indian banking sector in a contrast to world scenario > where finance houses are looking for mergers to cut costs on > operations. We definitely are not looking to thrive; rather we are > looking for growth. It is just that the pace of growth is a little > slow now as compared to a year or two before. These are hard times to > test the hard. The weak in business and career will be weeded out and > it is sometimes very beneficial for business in the long run. Which of the following statements is/are definitely true in the context of the passage? (A) India has not been affected by the economic slowdown. (B) India banks are showing growth in this quarter despite the recession. (C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.

  1.  Only (A)
  2.  Only (B)
  3.  Only (C)
  4.  Only (A) and (B)
  5.  Only (B) and (C)

Solution : Only (B)
Q334. > Despite the economic crunch worldwide that saw pulverization of some > of the largest banking and finance giants, Indian banking houses have > managed to show positive growth this quarter. Some of India’s leading > national banks have posted a net profit rise of more than 40% over the > last quarter amid global turmoil. This would come as a big shot in the > arm for the investors and consumers of these banks even though > apprehension is mounting on other banking and broking firms worldwide. > One of the main reasons behind the success of these banks this > quarter, would be their direct backing by the Government of India. > People take solace in their investments in public sector watching the > bailout packages being cashed out by governments all over the world to > save big business houses. Other private banks in India have also > reported a substantial net profit over the last quarter. Given the > internal and domestic scenario, one cannot put this down as a mundane > achievement. While others are on a cost-cutting spree and firing > employees, Indian companies are actually working on boosting staffing > in banking and broking sector. This can be seen as a big boon in the > days to come when the current recession eases and the economy > gradually comes back on to the fast track. The finance minister has > assured Indian public about the sound health of all Indian banks. This > could also be evident from the fact that there have been no mergers > and takeovers in Indian banking sector in a contrast to world scenario > where finance houses are looking for mergers to cut costs on > operations. We definitely are not looking to thrive; rather we are > looking for growth. It is just that the pace of growth is a little > slow now as compared to a year or two before. These are hard times to > test the hard. The weak in business and career will be weeded out and > it is sometimes very beneficial for business in the long run. Which of the following strengthens the finance minister’s statement about the sound health of Indian banks with respect to the passage? (A) There have been no acquisitions and mergers of Indian banks. (B) The Indian banks are recording a positive growth. (C) Layoffs have been observed worldwide.

  1.  Only (A) and (B)
  2.  Only (A) and (C)
  3.  Only (A)
  4.  Only (B)
  5.  All (A), (B) and (C)

Solution : Only (A) and (B)

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Q335. > Modern bio-technology, especially the creation of genetically modified > crops, is often presented as a magic solution or universal panacea for > the problems of poverty, inadequate nutrition and even environmental > degradation across the world. Conversely, there are people who present > the picture of tech-generated monsters and major human health hazards > being created by science. Many of the technological changes currently > in the process of being utilized in agriculture can have unforeseen > consequences, and their safety and future viability are far from > secure. The reality, as always, is far more complex than either of > these two extremes. Even today the total food production in the world > is adequate to feed the hungry of the world; the problem is rather one > of unequal distribution, which deprives a large part of the population > of even their minimal nutritional requirements. Similarly, farmers, > especially in developing countries, face many problems such as lack of > infrastructure, poor or unstable market access, volatile input and > output prices etc that biotechnology does not address, much less > solve. It is true that transgenic plants can offer a range of benefits > which are above and beyond those which emerged from more traditional > innovations in cultivation. It is suggested that such new technology > offers more effective pest resistance of seeds and crops through > genetic control mechanisms, which also reduces the need for pesticide > use and leads to improved yield. A basic question, of course, is > whether the new GM technology is safe, and whether this is absolutely > crucial since the effects may only be known much later. The jury is > still very much out on this matter, and the controversy does not > appear to be resolved quickly. The trouble is that most governments in > developing countries have relatively low food and beverage regulatory > standards, and public systems for monitoring and surveillance of such > items are poor or non-existent. This leaves them open for entry and > even dumping of a range of agricultural products of the new > technology, which may not pass regulatory standards in the more > developed countries. Which of the following is true in the context of the passage?

  1.  Genetically modified crops have been universally recognized as a solution to poverty and environmental degradation.
  2.  The only way to improve the deficit in food requirement and food production in the world is adapting genetically modified crops.
  3.  Genetically modified crops produce more yield as compared to yield from the traditional methods
  4.  Taking advantage of absence of regulatory standards, scientists have been dumping new products in the markets without appropriate approval.
  5.  None is true

Solution : Genetically modified crops produce more yield as compared to yield from the traditional methods
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Solution :

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