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Reading Comprehension Quiz
Reading Comprehension is one topic that commonly appears in the English language or the verbal ability section of all major Government exams. Reading Comprehension is a scoring topic but sometimes Reading Comprehension is one of the tricky topics because it can be time-consuming. This topic mostly holds the maximum number of questions and close to 10-12 marks in almost every competitive exam. In this article, we bring to you the Reading Comprehension Quiz. This Reading Comprehension Quiz has all types of Reading Comprehension Questions that are usually asked in banking and government exams. This Reading Comprehension Quiz is entirely free of cost. In order to excel in this topic, candidates must practice this Reading Comprehension Quiz.
Directions (1-10): Read the following passage carefully and answer the questions given below it. Certain words are given in bold to help you locate them while answering some of the questions.
Paragraph 1: There is a trade war on the horizon and it has nothing to with Donald Trump’s steel and aluminium tariffs. The White House is now considering punitive measures against China for its alleged theft of intellectual property (IP). This comes on the heels of an investigation by the US trade representative’s office. It raises an important question, one that has been debated in India as well in recent years: Does digital protectionism work?
Paragraph 2: The success of Japan’s automakers and South Korea’s electronics chaebol notwithstanding—both protected by their governments for many years—the macroeconomic consensus on protectionism in conventional industries is well established. It slows innovation and productivity growth, leads to inefficient capital allocation, limits consumers’ options and promotes crony capitalism, among its many sins. But the digital sector is a different kind of beast. Its linkages and value flows are unique. Meanwhile, its newness means there is just China’s example to go by. And the uncomfortable truth is that China has made digital protectionism work thus far.
Paragraph 3: In 2000, China’s ministry of public security laid the foundations of this protectionist regime with the Golden Shield Project for blocking politically sensitive information. It has evolved considerably since then: web censorship; keeping companies like Facebook and Twitter out of the country entirely; forcing foreign firms to form joint ventures with Chinese partners and transfer IP; and government support for Chinese firms making strategic acquisitions abroad. China has now evolved into world leader with its own firms.
Paragraph 4: China’s tech giants, Tencent, Alibaba and Baidu, have grown large enough in this walled garden to now compete internationally with Silicon Valley’s champions. They have also created the domestic digital infrastructure for the “little dragons”—the next generation of Chinese tech firms. The cumulative effect is that China now has a fair shot at taking the lead in critical future technologies, from Artificial Intelligence to electric vehicles.
Paragraph 5: The debate in India has pointed to why at least some aspects of such protectionism might seem attractive. Network effects raise the stakes for competition in the tech space. The winner takes all. This has led international companies like Amazon and Uber to engage in what rivals have pejoratively dubbed capital dumping. Then there are issues of user privacy and taxation commensurate with value added in India. Similar debates are taking place elsewhere, particularly in the European Union.
- With respect to the passage, what does “trade war” refers to?
(a) It’s a situation in which countries try to damage each other’s trade by imposing the tarrifs.
(b) It’s a war among the countries for the theft of intellectual properties.
(c) It’s a situation that arises due to competition in stake of international companies.
(d) Trade war is the situation that arises due to restrictions in the flow of goods in the country.
(e) All of the above
- What effect does protectionism have on one’s economy?
(I) It builds the relationship between government officials and business people.
(II) Protectionism can result to inefficiency in allocation of capital.
(III) It restricts the growth in the production that slows down the economic growth.
(a) Only (I)
(b) Only (II)
(c) Both (I) and (II)
(d) Both (II) and (III)
(e) All are correct
- In the context of the passage, how has China been protecting its People and Organisations?
(a) China does not allow its sensitive information to flow to others.
(b) China has imposed the control of what can be accessed over the internet.
(c) Government of China supports its firms for strategic acquisitions.
(d) China compel the foreign countries to form joint ventures with them.
(e) All of the above.
- Which of the following sentences can be inferred from the paragraph 4 which forms some connection with paragraph 3?
(a) China is advancing in every field from Artificial intelligence to electric vehicles.
(b) China has created advanced tech firms irrespective of the protectionism.
(c) China’s own firms to grow successfully keeping other firms away from the country.
(d) China is first country to impose tariffs on the imported goods.
(e) None of these
- According to the passage, why does protectionism will not work in India?
(I) Due to capital dumping, the existing firms are not feeling secure to compete in the international environment.
(II) The innovation rate in India is less due to inappropriate ecosystem.
(III) The regulations of the government do not comply with firms.
(a) Only (I)
(b) Only (II)
(c) Both (I) and (III)
(d) Both (II) and (III)
(e) All are correct
- The author’s tone in context to the passage is
(a) Nostalgic
(b) Satirical
(c) Critical
(d) Didactic
(e) Narrative
Directions (7-8): Which of the following alternatives among the five options provide the most similar meaning(s) of the word given in BOLD as used in the passage?
- Punitive
(A) effective
(B) invective
(C) corrective
(D) disciplinary
(a) Only (A)
(b) Only (B)
(c) Both (A) and (C)
(d) Both (C) and (D)
(e) All are correct
- Commensurate
(A) accrue
(B) approbation
(C) equivalent
(D) piety
(a) Only (A)
(b) Only (C)
(c) Both (B) and (C)
(d) Both (C) and (D)
(e) All are correct
Direction (9- 10): Which of the following alternatives among the five options provide the most opposite meaning(s) of the word given in BOLD as used in the passage?
- Cumulative
(A) consternation
(B) imperative
(C) exalted
(D) decreasing
(a) Only (D)
(b) Only (B)
(c) Both (B) and (C)
(d) Both (C) and (D)
(e) All are correct
- Pejorative
(A) accumulative
(B) extolling
(C) scurrility
(D) aggregate
(a) Only (D)
(b) Only (B)
(c) Both (B) and (C)
(d) Both (C) and (D)
(e) All are correct
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