Reading Comprehension Quiz for Upcoming Exams Answers

Solution :-

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ans 1

Solution: Option (3)

Explanation: According to the passage, theprime purpose of demonitisation process is to curb black money in any forms. It will definitely help in keeping a check on terror-related funding and terrorist activities. So, this makes option (2) the right choice among the given options.

ans 2

Solution: Option (4)

Explanation: According to the passage, the demonitisation process requires careful thought process, well-chalked out implementation strategies and above all planning of the highest order from the policy makers as well as government. So, this makes option (4) the right choice among the given options.

ans 3

Solution: Option (3)

Explanation: According to the passage,the new Rs.500 notes that hit the market on Monday could have been released immediately after the announcement last week. Putting out new Rs.500 notes along the Rs.2,000 notes would have placed much less strain on those of the Rs.100 denomination, which are anyway in short supply. So, this makes option (3) an apt choice among the given options.

ans 4

Solution: Option (4)

Explanation: According to the passage,after the announcement of currency ban, there were long queues outside ATMs across the country as people lined up to withdraw currency of smaller denominations. Banks were dispensing more of the Rs.2,000 notes than those of lower denominations. With the absence of lower denominations, people were forced to look for other options to carry on their day-to-day needs, which lowered the rate of consumption considerably. So, this makes option (4) an apt choice among the given options.

ans 5

Solution: Option (4)

Explanation: According to the passage,one of the major consequence of currency ban was an endless queue of women, senior citizens and adults outside ATMs. Following the announcement, there were long queues outside ATMs across the country as people lined up to withdraw currency of smaller denominations. So, this makes option (4) an apt choice among the given options.

ans 6

Solution: Option (2)

Explanation: According to the passage, demonitisation hit the rural areas badly since cash is the king over there. The income level of the villagers is quite low and they are still facing language barrier issue. So, this makes option (2) the right choice among the given options.

ans 7

Solution: Option (4)

Explanation: Among the given options, ‘Worried’ is the right choice since the given word implies that the public was worried as well as frustrated by standing outside banks and ATMs (across the country)  due to the decision to demonetise notes of Rs.500 and Rs.1,000 by our prime minister.

ans 8

Solution: Option (2)

Explanation: Among the given options, ‘Disorder’ is the right choice since the given word implies that due to the demonetization, citizens all over the country were facing issues with the currency exchange. It created an uproar among people to get the small denominations of the newly issued Rs 2,000/-.

ans 9

Solution: Option (3)

Explanation: Among the given options, ‘Hardship’ is the right choice.  When the government realized the pain of the public, they eased the pressure on the system by increasing withdrawal limits, allowing for petroleum outlets and hospitals to accept the old series of notes until November 24 and pushing more cash through post offices.

ans 10

Solution: Option (3)

Explanation: Among the given options, ‘shift’ is the right choice. Although the decision to demonoitise was quite commendable but it had some serious implementation drawbacks. Due to the lack of preparing from Centre’s end, the shift or switch from old currency notes to new notes could have been better and less stressful for the public.

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