Hello Aspirants. Welcome to Online English Quiz in AffairsCloud.com. Here we are creating Best question samples from Reading Comprehension, which is common for all the IBPS/SBI/RRB/SSC-CGL/LIC ADO/LDC/Railways and other competitive exams. We have included Some questions that are repeatedly asked in bank exams !!!
One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home and not at school. Most of us learn about money from our parents. Schools focus on scholastic and professional skills. This explains how smart bankers, doctors and accountants, who earned excellent grades in school, may still struggle financially all their lives. Our staggering national debt is due in large part to politicians and government officials making financial decisions with little or no training on the subject of money.
I often look ahead to the new millennium and what will happen when we have millions of people who will need financial and medical assistance. Because I had two influential fathers, I learned from both of them. I had to think about each dad’s advice and in doing so I gained valuable insight into the power and effect of one’s thoughts on one’s life. For example, one dad had a habit of saying, “I can’t afford it.” The other dad forbade those words to be used. He insisted I say “How can I afford it?” He did not mean you to buy everything you wanted. He was fanatical about exercising your brain, the most powerful computer in the world. He believed that automatically saying “I can’t afford it” was a sign of mental laziness. Although both dads worked hard, I noticed that one dad had a habit of putting his brain to sleep when it came to money matters and the other had a habit of exercising his brain. The long term result was that one dad grew stronger financially and the other grew weaker. It is not much different from a person who goes to gymnasium to exercise on a regular basis versus someone who sits on the couch watching television. Proper physical exercise increases your chance for health, and proper mental exercise increases your chance for wealth. Laziness of both decreases health and wealth.
Money is one form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth. The reason why positive thinking alone does not work is because most people went to school and never learned how money works, so they spent their lives
working for money.
1. Which of the following can be inferred from the given passage?
1) School education is not required to be rich.
2) By working for money and keeping it in mind, one can be rich.
3) School plays a very important role in making us rich.
4) Training in the subject of money is very important to be rich.
5) None of these
2. According to the author of the passage, a nation cannot progress to economic stability and independence if_______
1) mom and dad make financial decisions.
2) the educated work only for money and nothing else.
3) schools focus on scholastic and professional skills only.
4) our parents keep on saying “how can we afford it?”.
5) All the above
3. Why are most people poor and are struggling in debt?
1) Because people are or have not been trained to make money work for them.
2) Because schools focus on scholastic and professional skills only.
3) Because general people have no “money power”.
4) Because politicians and government officials make financial decisions.
5) All the above
4. The phrase “how can I afford it?” used in the passage______
1) rejects things which one cannot afford.
2) envisages how to make things happen.
3) highlights the point that how one can afford something which is not in one’s control.
4) emphasises the importance of positive thinking.
5) None of these
5. Which of the following is true in the context of the passage?
1) Education and learning about money matters should be a must.
2) One must learn how to gain power over money.
3) Positive thinking, power over money and exercising brain are a must.
4) School education must be improved on the topic “how to make money”.
5) All the above
6. Which of the following does the author want to convey?
1) Those who are taught money matters at home are more successful.
2) Sound financial education, quality of thinking and exercising of body can make one healthy, wealthy and wise.
3) Parents’ positive thinking and sound schooling can make people rich.
4) If financial education is imparted in schools, everyone will be in a position to meet their financial and medical needs on their own.
5) None of these
Directions (Q. 7-9)Choose the word/group of words which is MOST SIMILAR in meaning to the word/group of words printed in bold as used in the passage.
7. Scholastic
1) academic
2) economic
3) political
4) artistic
5) None of these
8. Subject
1) ultimate
2) independent
3) unconditional
4) topic
5) None of these
9. Staggering
1) energetic
2) failing
3) reeling
4) surg
5) None of these
Directions (Q. 10-12): Choose the word/group of words which is MOST OPPOSITE in meaning to the word/group of words printed in bold as used in the passage.
10. Decrease
1) ascend
2) augment
3) implement
4) work
5) None of these
11. Forbade
1) banned
2) stopped
3) allowed
4) prohibited
5) None of these
12. Fanatical
1) lenient
2) civil
3) stubborn
4) extremist
5) None of these
