Reading Comprehension Questions for Bank Exams
In Bank exams IBPS PO, SBI PO/Clerk, English Reading Comprehension Questions (RCQs) help the aspirants to score more marks in English language section. English Reading comprehension questions test a candidate’s ability to understand, analyze, and interpret written passages. Solving RCQs effectively requires a combination of reading skills, strategic thinking, and practice.
In this article, we will provide Reading Comprehension Questions with Solutions. English Comprehension Questions often carry a significant weightage in the reasoning section. Scoring well in these questions can significantly boost your overall score. You can attempt these questions & boost your preparation for your examination.
Reading Comprehension Questions | Set-13
Practicing English Reading Comprehension Questions (RCQs) enhances your vocabulary, grammar, and comprehension skills, which are essential for effective communication in the workplace. In exams like IBPS/SBI PO and IBPS Clerk, they can account for 10-15 questions, making them a decisive factor in your overall score.
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? At Let’s Study Together (LST) we understand our students’ requirements and keeping it in mind, The LST Team created a Very special “Banking English Topic-wise Booster Tests 2025” to crack upcoming Banking and Insurance Exams. These tests are available on our Exam Preparation Mobile App/Web named “Ixammr”. These questions are made by our experts after carefully examining previous years’ question papers. If you prepare this thoroughly, you can very easily crack the Banking Exams. 6. Which trend can boost capital growth in the modern era? English Topic-Wise Questions Sets 2025
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 English Reading Comprehension Questions are designed to evaluate a candidate’s ability to read and understand a given passage. These questions typically follow a paragraph or a set of paragraphs, and candidates are required to answer questions based on the information provided in the text. In banking and insurance exams, RCQs often include: In today banking and insurance exams, English Reading Comprehension Questions are blend of logic, patience, and strategy. Regular practice of these questions, coupled with smart techniques, can transform this challenging topic into a scoring forte. Candidates must focus on accuracy first, and then speed, and soon this section will become your ally in cracking banking and insurance exams!What Are English Reading Comprehension Questions in Bank Exams?