Bank PO RC: PASSAGE 16

Reading comprehension involves a proof reading of a passage of about 300 – 1000 words and answering the questions that follow.
RC forms an important part of the verbal ability section. This section mainly focuses on to check the ability to understand the language and the underlying concept of the passage. The main focus should be to have a good command over the language as well as time management.
Make sure you attempt these passage on a regular basis and with complete seriousness.
Read the passage below and then answer the questions that follow.
Once you are finished, click the ‘Get Results’ button below. Any items you have not completed will be marked incorrect.

Passage: Despite the global slowdown, the online shopping in India has increased. The growing pace of online buying is because of the attractive discounted prices offered and the ability of the customers to research and compare the prices across several outlets. The average frequency of online purchases in India grew up to 2.9 in the fourth quarter of 2008 from 2.6 during the same quarter in 2007. As reported by the survey of Master Card Worldwide:

The economic meltdown has not affected our business.” said the CEO of an e-commerce portal which specializes in personalized gifting and merchandise space in India. He said; “Our business has increased up to five times ‘this year despite the economic recession. Currently, we possess a database of 25,000 designs posted by a thousand designers so that the users can create their own merchandise by selecting the designs sitting at home.” The CEO also said that with the rise in bandwidth penetration in India and the increasing awareness of internet among people, the online shoppers sense the convenience to click on the products they want to purchase. Holding onto a similar conviction, the CEO of another Company said, “With the convenience of online buying, customers can save their time and money to move across multiple outlets for a product.”

The online shoppers also plan their shopping in advance and conduct research on their planned purchases. It becomes easier for the customers to decide the price at which they want the products. Sharing views on this point, the Manager of the e-commerce portal says. “Through the online shopping, customers can attain the objective of value for money during these tough times.” Today, India is the only country where the 18 to 29 years age group has the highest average spend on online shopping. In India, the popular online purchases include the home appliances and the electronic gadgets like cell phones, camera, and laptops and so on. According to the survey, the e-purchasing of electronic products has gone up by 51 per cent.

So to drive these online shoppers, e-commerce portals are adopting a networking culture by incorporating ‘social networking feature’ in their websites, so that people can discuss with their friends and relatives before buying “the particular product. There are more startups, who are innovating their products to combat slowdown.

Bank PO RC: Passage-16

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Congratulations - you have completed Bank PO RC: Passage-16.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%

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Question 1

What does the phrase 'value for money' as used• in the passage mean?

A	Get the best at optimum price.
B	Buy the cheapest possible product.
C	Pay a lot for the best product.
D	Get a lot of money in return for the purchase.
E	None of these

Question 1 Explanation:

Value for money is a common phrase, even used in the daily English that we speak and write. Ergo, the correct answer is option (a).

Question 2

Which of the following statements is Not True in the context of the passage?

A	Purchases online have increased as the people buying these products are rich.
B	Online buying has increased because customers are getting a lot of discounts.
C	Customers have access to a number of outlets online thus online buying is more popular.
D	Online purchases have increased because the customers are able to compare prices easily.
E	All of the above are not true

Question 3

What according to the CEO of ecommerce portal is the reason for increase in the number of online shoppers?
(A) Greater bandwidth is now available in India.
(B)Internet is available at a cheap cost.
(C) More people are aware of the internet.

A	Only (A)and (B)
B	Only (B)
C	Only (C)
D	Only (B)and (C)
E	Only (A)and (C)

Question 3 Explanation:

The answer can be found in and around second paragraph. The answer is not given directly but indirectly.

Question 4

Which of the following statements is true in the context of the passage?

A	Cameras, laptops and mobile phones are popular online shopping products.
B	Customers find online shopping more convenient.
C	More people in the age group of 18 to 29 spend on online shopping.
D	Home appliances are a popular online product.
E	All the above are true

Question 5

How can customers plan their purchases online in advance?

A	By looking at the product in a store and then searching for it online
B	By waiting for discounts being offered by companies
C	By creating their own web sites and socially interacting
D	By conducting research and then deciding the price at which they want to buy
E	None of these

Question 5 Explanation:

‘..The online shoppers also plan their shopping in advance and conduct research on their planned purchases. It becomes easier for the customers to decide the price at which they want the products…’ These lines clearly make us realize that the correct option is option (b).

Question 6

What can possibly be the most appropriate title to the passage?

A	Innovation -the art of survival.
B	Online shopping –unaffected by recession.
C	Recession and its impact.
D	Customer is king.
E	Sale of Electronic Goods.

Question 6 Explanation:

The whole passage is about online shopping. Hence option (b) is most apt.

Question 7

Which of the following statements is/are true in the context of the passage?
(A) People make purchases only through e-commerce portals.
(B) Online buying of electronic gadgets has increased by 51 per cent.
(C) E-commerce portals are finding it difficult to sell their products .

A	Only (A)
B	Only (B)
C	Only (A)and (C)
D	Only (B)and (C)
E	All the three (A) (B)and (C)

Question 7 Explanation:

‘..According to the survey, the e-purchasing of electronic products has gone up by 51 per cent..’. This line from the passage makes it quite evident that the right choice is option (b).

Question 8

How are e-commerce portals luring customers?

A	By innovating their products.
B	By offering free products with other products bought.
C	By creating an awareness about social networking.
D	By enabling customers through their website to interact with friends and relatives before buying a product.
E	None of these

Question 8 Explanation:

The last paragraph contains the answer to this question which can be easily found. A direct answer, the correct option comes out to be option (d).

Question 9

Identify the correct antonym for the word ingenious from the passage.

A	Conviction
B	Lucrative
C	Attractive
D	Innovative
E	None of these

Question 9 Explanation:

The correct answer is innovative. The meaning of the word innovative is the closest to the given word ingenious. Ingenious means ‘characterized by cleverness or originality of invention.

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Bank PO RC: PASSAGE 16

Bank PO RC: Passage-16

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