BANK OF KHYBER
Complete the sentences by choosing the most appropriate word, from the given lettered choices (A to D/E) below each.
1. Despite the _____ of the materials with which Tahira had worked, many of her glass masterpieces have survived for more than seventy years.
2. If I ________ the promotion, I would have bought a new car.
B. had received
C. will receive
D. would receive
Each question below consists of a related pair of words, followed by five lettered pairs of words. Select the lettered pair that best expresses a ...view middle of the document...
Borrowing and being in debt were viewed as a moral failing, almost as a disgrace. Thrift and saving were highly prized, and people who needed to borrow to make ends meet were seen as careless, unreliable, or extravagant. The focus in the economy as a whole was on developing large corporations like railroads, oil companies, and other companies that produced basic goods and services.
Then, in the 1920s, the economy changed. A huge network of banks and financial institutions developed, helping money to move more quickly and easily through the economy. At the same time, the economy was increasing its focus on consumer goods— clothing, cars, household appliances, and other things that individuals buy. To help promote the sale of these items, consumers were encouraged to buy on credit. If they could not afford an item right away, a store or a bank might lend them the money, which they could pay back in installments.
With the development of consumer credit and installment purchases, people's attitudes toward debt and spending changed. The model citizen was no longer someone who was thrifty, buying only what he or she needed. People were respected less for being thrifty than for knowing how to use their money to buy as many things as possible— an attitude that persists at the turn of the twenty-first century.
9. According to the passage, which of the following is NOT a belief that was commonly held in the early twentieth century?
A. Owing someone money is a moral failing.
B. People who save their money are respectable.
C. People who buy as many things as possible are respectable.
D. People who borrow money for necessities are careless and unreliable.
10. What helped money move more quickly through the economy in the 1920s?
A. The growth of railroads
B. The growth of banks and financial institutions
C. The rate at which people paid back their loans
D. The increase in installment purchases
11. The author mentions cars as an example of
A. A consumer good
B. A household appliance
C. An extravagant purchase
D. A new invention
12. According to the passage, how did the rise of consumer credit change people's attitudes toward debt and spending?
A. Attitudes toward debt and spending became more conservative.
B. People used credit to buy only what they needed.
C. Extravagant borrowing and spending became highly prized.
D. Spending wisely became more respectable than being thrifty.
13. During a certain week, a post office sold Rs.280 worth of 14-paisas stamps. How many of these stamps did they sell?
14. What is 15% of 32?
15. What is the effect on area of circle if its radius is cut down to half?
A. remains same
B. becomes half
C. becomes quarter
D. may or may not...