{"id":34094,"date":"2019-04-04T20:07:02","date_gmt":"2019-04-04T14:37:02","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=34094"},"modified":"2019-04-05T08:47:06","modified_gmt":"2019-04-05T03:17:06","slug":"reading-comprehension-quiz-14","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/","title":{"rendered":"Practice Reading Comprehension Quiz 14"},"content":{"rendered":"

Reading comprehension<\/a><\/strong><\/span>\u00a0is an important part of the English Language section in any\u00a0Bank PO and Government exam<\/a><\/strong>.<\/span> Here\u2019s\u00a0Reading Comprehension Quiz 14<\/strong>\u00a0from our series of\u00a0Practice Reading Comprehension Quiz<\/strong>. Take the Reading Comprehension Quiz 14 and share your scores in the comment section below.<\/span><\/p>\n

Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

Reading Comprehension Quiz 14<\/strong><\/span><\/h2>\n

Directions for Questions 1 to 15:<\/span><\/strong> Read the following passage carefully and answer the questions given below it. Certain words have been printed in bold<\/strong> to help you locate them while answering some of the questions.<\/span><\/p>\n

The great fear in Asia a short while ago was that the region would suffer through the wealth destruction already taking place in the U.S. as a result of the financial’ crisis. Stock markets tumbled as exports plunged and economic growth deteriorated. Lofty property prices in China and elsewhere looked set to bust as credit tightened and buyers evaporated<\/strong>. But with surprising speed, fear in Asia swung back to greed as the region shows signs of recovery and property and stock prices are soaring in many parts of Asia.<\/span><\/p>\n

Why should this sharp Asian turnaround be greeted with skepticism? Higher asset prices mean households feel wealthier and better able to spend, which could further fuel the region’s nascent rebound. But just as easily, Asia could soon find itself saddled with overheated markets similar to the U.S. housing market. In short the world has not changed, it has just moved places<\/strong>.<\/span><\/p>\n

Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

The incipient bubble is being created by government, policy. In response to the global credit crunch of 2008, policy makers in Asia slashed interest rates and flooded<\/strong> financial sectors with cash in frantic attempts to keep loans flowing and economies growing. These steps were logical for central bankers striving to reverse a deepening economic crisis. But there’s evidence that there is too much easy money around.<\/span><\/p>\n

It’s winding up in stocks and real estate, pushing prices up too far and to off fast for the underlying economic fundamentals. Much of the concern is focused on China, where government” stimulus efforts have been large an effective. Money in China has bet especially easy to find. Aggregate nnl bank lending surged 201% in the first” half of 2009 from the same period r year earlier, to nearly $1.1 trillion Exuberance over a quick recovery which was given a boost by China’s surprisingly strong 7.9% G DP growth in the second quarter -has buoyed investor sentiment not just for stocks but also for real estate.<\/span><\/p>\n

Take Free English Vocabulary Test Here<\/strong><\/a><\/p>\n

Former U.S. Federal Reserve Chairman Alan Greenspan argued the bubbles could only be recognized it hindsight. But investors who have been well schooled in the dangers of bubbles over the past decade are increasingly wary that prices have rise too far, and that the slightest bit of negative economic news could knock markets for a loop. These fears are compounded by the possibility the Asia’s central bankers will begin taking steps to shut off the money. Rumors that Beijing was on the verge oil” tightening credit led to Shanghai stocks plunging 5%. Yet many economists believe that, “there is close to a zero B possibility that the Chinese government will do anything this year that constitutes tightening.” And without a major-shift in thinking, the easy money conditions will stay in place. In a global economy that has produced more dramatic ups and downs than anyone’ thought possible over the past two years, Asia may be heading for another disheartening plunge.<\/span><\/p>\n

\"ssc<\/a><\/p>\n

    \n
  1. To which of the following has the author attributed the 2008 Asian financial crisis?<\/strong><\/li>\n<\/ol>\n

    (A) Reluctance of Asian governments to taper off the economic stimulus<\/p>\n

    (B) Greed of Asian investors causing them to trade stocks oil American companies at high prices<\/p>\n

    (C) Inflated real estate prices in Asian countries<\/p>\n

    (1) None<\/p>\n

    (2) Only (A)<\/p>\n

    (3) Only (C)<\/p>\n

    (4) Only (A) and (B)<\/p>\n

    (5) Only (B)<\/p>\n

    Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

      \n
    1. Why does the author doubt the current resurgence of Asian economics?<\/strong><\/span><\/li>\n<\/ol>\n

      (1) Their economies are too heavily reliant on the American economy which is yet to recover<\/p>\n

      (2) Central banks have slashed interest rates too abruptly which is likely to cause stock markets to crash<\/p>\n

      (3) With their prevailing economic conditions they are at risk for a financial crisis<\/p>\n

      (4) Their GDP has not grown significantly during the last financial year.<\/p>\n

      (5) None of these<\/p>\n

      Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

      \u00a03. What is the author’s main objective in writing the passage?<\/strong><\/p>\n

      (1) Illustrating that Asian economies are financially more sound than those of developed countries.<\/p>\n

      (2) Disputing financial theories about how recessions can be predicted and avoided<\/p>\n

      (3) Warning Asian countries about the dangers of favoring fast growth and profits over sound economic principles<\/p>\n

      (4) Extolling China’s incredible growth and urging other countries to emulate it<\/p>\n

      (5) Advising governments about the changes in policy to strengthen economic fundamentals<\/p>\n

      Take Free English Vocabulary Test Here<\/strong><\/a><\/p>\n

        \n
      1. What does the author want to convey through the phrase “The world has not changed it has just moved places\u201d?<\/strong><\/li>\n<\/ol>\n

        (1) At present countries are more dependent on Asian economies than on the US economy.<\/p>\n

        (2) Economies have become interlinked on account of globalization.<\/p>\n

        (3) Asian governments are implementing the same economic reforms as developed countries<\/p>\n

        (4) All economies are susceptible to recession because of the state of the US economy.<\/p>\n

        (5) None of these<\/p>\n

        Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

          \n
        1. Which of the following can be said about the Chinese government’s efforts to revive the economy?<\/strong><\/li>\n<\/ol>\n

          (1) These were largely unsuccessful as only the housing market improved<\/p>\n

          (2) The government’s only concern was to boost investor confidence in stocks.<\/p>\n

          (3) These efforts were ineffectual as the economy recovered owing to the US market stabilizing.<\/p>\n

          (4) These were appropriate and accomplished the goal of economic revival.<\/p>\n

          (5) They blindly imitated the economic reforms adopted by the US.<\/p>\n

          Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

            \n
          1. According to the passage, which of the following factor(s) has\/have had a negative impact on the Asian stock markets?<\/strong><\/li>\n<\/ol>\n

            (A) Abrupt drop in exports by Asian countries<\/p>\n

            (B) Extravagant disbursement of housing loans in 2009<\/p>\n

            (C) Raising of interest rates by the Central Bank<\/p>\n

            (1) None<\/p>\n

            (2) Only (A) and (B)<\/p>\n

            (3) Only (A)<\/p>\n

            (4) Only (A) and (C)<\/p>\n

            (5) All (A) (B) and (C)<\/p>\n

            Take Free English Vocabulary Test Here<\/strong><\/a><\/p>\n

              \n
            1. Why has investor confidence in the Chinese stock market been restored?<\/strong><\/li>\n<\/ol>\n

              (A) Existing property prices which are stable and affordable.<\/p>\n

              (B) The government has decided to tighten credit.<\/p>\n

              (C) Healthy growth of the economy indicated by GDP figures.<\/p>\n

              (1) Only (C)<\/p>\n

              (2) Only (A) and (B)<\/p>\n

              (3) All (A) (B) and (C)<\/p>\n

              (4) Only (B)<\/p>\n

              (5) None of these<\/p>\n

              Take Oliveboard\u2019s Free New Pattern English\u00a0Language Test<\/strong><\/a><\/span><\/p>\n

                \n
              1. Which of the following can be inferred from the passage?<\/strong><\/li>\n<\/ol>\n

                (A) All Asian economies are recovering at the same pace.<\/p>\n

                (B) Experts are apprehensive about the state of Asian economies despite their recovery.<\/p>\n

                (C) Developed countries should implement the same economic reforms as Asian ones.<\/p>\n

                (1) Only (A)<\/p>\n

                (2) Only (B) and (C)<\/p>\n

                (3) Only (A) and (B)<\/p>\n

                (4) Only (B)<\/p>\n

                (5) None of these<\/p>\n

                Take Free English Vocabulary Test Here<\/strong><\/a><\/p>\n

                  \n
                1. Why do experts predict that Asian policymakers will not withdraw fiscal stimulus?<\/strong><\/li>\n<\/ol>\n

                  (A) The US economy is not likely to recover for a long time.<\/p>\n

                  (B) Stock markets are yet to regain their former levels.<\/p>\n

                  (C) Fear of revolt by greedy citizens.<\/p>\n

                  (1) None<\/p>\n

                  (2) Only (C)<\/p>\n

                  (3) Only (A) and (C)<\/p>\n

                  (4) Only (B)<\/p>\n

                  (5) Only (B) and (C)<\/p>\n

                  Take Free English Vocabulary Test Here<\/strong><\/a><\/p>\n

                    \n
                  1. What do the statistics about loans given by Chinese banks in 2009 indicate?<\/strong><\/li>\n<\/ol>\n

                    (1) There was hardly any demand for loans in 2008<\/p>\n

                    (2) The Chinese government has borrowed funds from the U.S.<\/p>\n

                    (3) China will take longer than the US to recover from the economic crisis<\/p>\n

                    (4) The GDP of China was below expectations<\/p>\n

                    (5) None of these<\/p>\n

                    Answer key<\/strong><\/p>\n\n\n\n\n
                    1.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n2.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n3.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n4.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n5.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n6.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n7.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n8.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n9.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>\u00a0<\/strong><\/td>\n10.\u00a0 <\/strong>\u00a0<\/strong><\/td>\n<\/tr>\n
                    1<\/td>\n3<\/td>\n2<\/td>\n4<\/td>\n4<\/td>\n3<\/td>\n1<\/td>\n4<\/td>\n5<\/td>\n5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                    Practiced Reading Comprehension Quiz 14?\u00a0Take Oliveboard\u2019s More Free RC Test Here<\/span><\/a><\/strong><\/span><\/p>\n

                    Also Check,
                    \n<\/strong><\/span><\/p>\n

                    That\u2019s all from us. Hope you liked the\u00a0<\/span>Reading Comprehension Quiz 14<\/strong>\u00a0from our series of <\/span>Practice Reading Comprehension Quiz<\/a><\/strong><\/span>.\u00a0Still Having Doubt?\u00a0<\/span>Connect Directly<\/strong>\u00a0with the\u00a0<\/span>English Faculty<\/strong>\u00a0on our\u00a0<\/span>Telegram Group<\/a><\/strong>.<\/span>\u00a0Install Telegram and join\u00a0<\/span>https:\/\/t.me\/obbanking.<\/a><\/span><\/strong><\/p>\n

                    \"ssc<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

                    Reading comprehension\u00a0is an important part of the English Language section in any\u00a0Bank PO and Government exam. Here\u2019s\u00a0Reading Comprehension Quiz 14\u00a0from<\/p>\n","protected":false},"author":60,"featured_media":27412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,31,9704,62,5204,634,2151],"tags":[],"class_list":["post-34094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-bank-exams","category-daily","category-government-exams","category-insurance-exams","category-product","category-quiz_test","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"\nReading Comprehension Quiz 14 | Bank & SSC English Quiz - Oliveboard<\/title>\n<meta name=\"description\" content=\"Attempt Free Reading Comprehension Quiz 14. 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Here\u2019s\u00a0Reading Comprehension Quiz 14\u00a0from\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-04T14:37:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-05T03:17:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2019\/01\/Reading-Comprehension-Template-DONT-Change-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"487\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tripti Mishra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tripti Mishra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/\"},\"author\":{\"name\":\"Tripti Mishra\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5\"},\"headline\":\"Practice Reading Comprehension Quiz 14\",\"datePublished\":\"2019-04-04T14:37:02+00:00\",\"dateModified\":\"2019-04-05T03:17:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/\"},\"wordCount\":1349,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2019\/01\/Reading-Comprehension-Template-DONT-Change-1.png\",\"articleSection\":[\"Articles\",\"Bank Exams\",\"Daily\",\"Government Exams\",\"Insurance\",\"Oliveboard Portal\",\"Practice Questions\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/\",\"name\":\"Reading Comprehension Quiz 14 | Bank & SSC English Quiz - Oliveboard\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/reading-comprehension-quiz-14\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2019\/01\/Reading-Comprehension-Template-DONT-Change-1.png\",\"datePublished\":\"2019-04-04T14:37:02+00:00\",\"dateModified\":\"2019-04-05T03:17:06+00:00\",\"description\":\"Attempt Free Reading Comprehension Quiz 14. 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