Reading Comprehension Practice Questions (Set – 36)

Mentor for Bank Exams
Reading Comprehension Practice Questions (Set – 36)
Directions (1 – 10): Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you to locate them while answering some of the questions.
Last year, Prime Minister Narendra Modi announced Digital India and Startup India, to declare India’s impending digital economy and local entrepreneurship ecosystem. Today, it looks as though India’s ability to build a local digital economy may be failing.
Companies such as Flipkart, Snapdeal and Ola which saw strong growth in the last few years, are faltering today at the hands of intense competition with deep pockets from Amazon and Uber, which are able to deploy cash and technology from the US into India. Similarly, India’s digital advertising economy is dominated by Google and Facebook, which would jointly capture more than 75% of all digital advertising revenues. Whilst many investors were excited at Digital India’s arrival, many are now walking away, viewing India simply as a digital colony of global digital businesses like Amazon and Alibaba. This is leaving India’s largest digital success stories in precarious positions. The likely outcome is that they will not be able to compete with global balance sheets. Government has rightfully been liberalising the Indian economy across many sectors – but without a different approach for digital, the open route in the nascent digital sector may destroy local entrepreneurship just as it is starting.
Lessons can be drawn by comparing Europe and China today. Europe is effectively an extension of America’s digital economy, whereas China nurtured the development of local digital businesses by giving them time to build capabilities before global companies could enter. China’s digital economy will drive 21% of its GDP growth for the next ten years, driven by the fact that its digital economy is indigenous and has employed and developed lakhs of highly skilled digital technology talent – many from rural China. Baidu and Tencent (the Google and Facebook of China) which are two of hundreds of large internet companies in China – employ nearly 75,000 locals. Meanwhile, Europe struggles to develop real centres of innovation in technology that can compete. Similarly, Google and Facebook’s India teams employ only a few hundred people here, primarily to promote their products built by thousands of engineers in California. If India had a local digital economy comparable to China, it could be the next driver of global growth, after the IT industry boom of the 1990s.
India is the top priority for global internet companies to extend their businesses here – but government must urgently evaluate whether this is really in the nation’s interests. Should India’s internet economy be an extension of the US and China’s large companies – or should it be a local economic driver of its own? If it prefers the latter, government must implement policies that enable and nurture local digital talent to have a level playing field with global behemoths.
1. What according to the passage government must implement?
a) leaving India’s largest digital success stories in precarious positions
b) policies that enable and nurture local digital talent to have a level playing field with global behemoths
c) policies that enable and nurture local digital talent to have  a digital colony of global digital businesses like Amazon and Alibaba
d) Both B  and C
e) None of the above
2. Which among the following is MOST OPPOSITE in meaning to the word “evaluate”?
a) appraise
b) assess
c) estimate
d) class
e) Unbalance
3. Which among the following is FALSE according to the passage given above?
a) India’s digital advertising economy is dominated by Google and Facebook, which would jointly capture more than 75% of all digital advertising revenues
b) whilst many investors were excited at Digital India’s arrival, many are now walking away
c) Today, it looks as though India’s ability to build a local digital economy may be failing
d) Both A and B
e) None of the above
4. Which among the following is MOST SIMILAR in meaning to the word “Whilst”?
a) willing
b) breakthrough
c) backward
d) during
e) outside
5. What according to the passage could be the next driver of global growth of India, after the IT industry boom of the 1990s?
a) Government has rightfully been liberalising the Indian economy across many sectors like IT and education
b) Viewing India simply as a digital colony of global digital businesses like Amazon and Alibaba.
c) If India had a local digital economy comparable to China
d) Both A and C.
e) All of the above
6. Which of the following Lessons can be drawn by comparing Europe and China today?
a) China nurtured the development of local digital businesses by giving them time to build capabilities before global companies could enter
b) India had a local digital economy comparable to China
c) Europe is effectively an extension of America’s digital economy
d) Both 1 and 3
e) All of the above
7. Which among the following is MOST SIMILAR in meaning to the word “behemoths”?
a) leviathans
b) dwarfs
c) midget
d) runts
e) reluctant
8. Which of the following would be a suitable title of the passage?
a) India is the top priority for global internet companies
b) Digital India is dying: Without intervention, Digital India looks to simply be a colony of US and China
c) Digital India and Startup India
d) Digital advertising economy
e) None of these
9. What is India’s top priority for global internet companies?
a) India’s top priority for global internet companies is to declare India’s impending digital economy and local entrepreneurship ecosystem
b) India’s top priority for global internet companies is to promote their products built by thousands of engineers in USA
c) India’s top priority for global internet companies is to extend their businesses in India
d) India’s top priority for global internet companies is to build a local digital economy
e) None of the above
10. Which among the following is MOST OPPOSITE in meaning to the word “Precarious”?
a) dynamite
b) delicate
c) stable
d) ambiguous
e) borderline
Answers with Explanations:
1. B) policies that enable and nurture local digital talent to have a level playing field with global behemoths
2. E) Unbalance is the most opposite to evaluate.
Evaluate – form an idea of the amount, number, or value of; assess
3. E) None of the above. All of given statements are true as per given passage.
4. D) during is the synonym to whilst.
5. C)
6. D)
7. A) leviathans is the most similar to behemoths.
Behemoths – a huge or monstrous creature.
8. B) Digital India is dying: Without intervention, Digital India looks to simply be a colony of US and China
9. C) Its option third which is mentioned in the last paragraph of passage.
10. C) stable is the most opposite to precarious.
Precarious – not securely held or in position; dangerously likely to fall or collapse.