1000+ Reading Comprehension Worksheets Pdf with Answers - 2
Question: 6
The disparity in the quantum of machine production in India and that in other countries leads to
(A) Overproduction of machines as compared to the actual need
(B) A need to pay higher for components and spares
(C) Lethargy in the process of absorption and assimilation of new technology
(D) The development of small scale and medium scale industries
Ans: B
A need to pay higher for components and spares
Question: 7
The availability of Indian machine tool industries help to small scale industry is most likely to result into
(A) Severe competition among the small and medium scale industries
(B) Further increase in the customs duty quantity of their production at a cheaper cost
(C) Deterioration in the quality of components manufactured by them
(D) Increase in the demand of imported machine tools
Ans: A
Severe competition among the small and medium scale industries
Question: 8
If the bank's rate of interest in India is made on par with that in advanced countries, the cost of manufacture of machine tools
(A) May go up by about 4 to 7%
(B) May increased by about 22%
(C) May decrease by about 4 to 7%
(D) May decrease by about 15 to 18%
Ans: D
May decrease by about 15 to 18%
Question: 9
Which of the following best explains the sentence ‘It wants a level playing field’ as used in the passage? The machine tool industry in India
(A) Needs land for opening more factories
(B) Needs freedom to import the desired components at a low cost
(C) Seeks to have small scale industry as its patron
(D) Wants to adopt novel marketing strategies for sale promotion
Ans: B
Needs freedom to import the desired components at a low cost
Question: 10
According to the passage, all the following factors are responsible for high cost of Indian machines except
(A) Bank’s rate of interest on loans for manufacture
(B) High profit margin expected by manufactures
(C) Higher import duty on spares
(D) Excise duty
Ans: B
High profit margin expected by manufactures
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