English Reading Comprehension with Detailed Explanations (Day-57)

Dear Readers, Here we have given Practice English Reading Comprehension quiz and questions for Upcoming Bank Exams with detailed explanation. Candidates those who are preparing for Upcoming Bank Exams can make use of it.

Daily Practice Test Schedule | Good Luck

Topic	Daily Publishing Time
Daily News Papers & Editorials	8.00 AM
Current Affairs Quiz	9.00 AM
Logical Reasoning	10.00 AM
Quantitative Aptitude “20-20”	11.00 AM
Vocabulary (Based on The Hindu)	12.00 PM
Static GK Quiz	1.00 PM
English Language “20-20”	2.00 PM
Banking Awareness Quiz	3.00 PM
Reasoning Puzzles & Seating	4.00 PM
Daily Current Affairs Updates	5.00 PM
Data Interpretation / Application Sums (Topic Wise)	6.00 PM
Reasoning Ability “20-20”	7.00 PM
English Language (New Pattern Questions)	8.00 PM
General / Financial Awareness Quiz	9.00 PM

[WpProQuiz 1328]

Click “Start Quiz” to attend these Questions and view Solutions

 

1) In the passage, according to the Gunnar Myrdal, what is the main aim of economic planning?

1. to increase growth rate
2. to increase GDP
3. to increase the total amount of investment
4. to control the poverty
5. to create the employment opportunities

2) According to the passage, why is the planning important for business?

1. for arranging funds
2. for setting future target
3. to know the competitors strategy
4. to know the market and demand
5. due to uncertain business environment

3) According to the passage, who explained the economic planning as “collective control of private activities of production”?

1. Marshall
2. Dalton
3. Hayek
4. Fayol
5. Robbins

4) According to the passage, under which planning method, the people and enterprises are supposed to act under the control of state?

1. planning by direction
2. imperative planning
3. financial planning
4. planning by inducement
5. physical planning

5) According to the passage, which of the following will not be counted as the advantage of planning?

1. It controls wasteful activities
2. It establishes the standard for controlling
3. It provides innovative ideas
4. It reduces the risk of uncertainty
5. It helps in decision making process

6) According to the passage, on which principle is the indicative planning based?

1. principle of centralization
2. principle of decentralization
3. principle of authorization
4. principle of direction
5. principle of command

7)  Choose the word which as same meaning as the word persuasion

1. atheism
2. advice
3. hindrance
4. prevention
5. order

8) Choose the word which as same meaning as the word deliberate

1. unsystematic
2. planned
3. fortuitous
4. inadvertent
5. indefinite

9)  Choose the word which as opposite meaning as the word complexity

1. density
2. palpable
3. intricacy
4. convolution
5. difficulty

10)  Choose the word which as opposite meaning as the word imperative

1. alternative
2. authoritative
3. imperious
4. commanding
5. compulsory

Answers:

1) Correct Answer is: c)

Explanation: it is mentioned in the passage that according to Gunnar, the national development plan should be aimed to increase the total amount of investment.

2) Correct Answer is: e)

Explanation: it is mentioned in the passage that business environment is uncertain and keeps changing so planning is needed for uncertain environment.

3) Correct Answer is: e)

Explanation: It is mentioned in the passage, that according to Robbins economic planning is collective control of private activities of production.

4) Correct Answer is: d)

Explanation: It is mentioned in passage that in planning by inducement people are supposed to act under the control of state. In this type of planning, there is freedom of production, consumption but ultimately people are supposed to follow the state regulations.

5) Correct Answer is: b)

Explanation: according to the passage, planning does not establish the standard for controlling so it will not be counted as the advantage of planning.

6) Correct Answer is: b)

Explanation: it is clearly mentioned in the passage, that indicative planning is based on the principle of decentralization.

7)  Correct Answer is: b)

Explanation: the meaning of persuasion is “point of view / advice”

8)Correct Answer is: b)

Explanation: the meaning of “deliberate” is “planned or purposeful”

9)  Correct Answer is: b)

Explanation: the meaning of the “complexity” is “difficulty” and its opposite is “palpable” which means “obvious or clear”

10)  Correct Answer is: a)

Explanation: the meaning of the “imperative” is “vital or very important” and its opposite is “optional or alternative”.

English New Pattern Questions