Reading Comprehension for Bank Exams, Reading Comprehension for Bank PO, RC for Bank PO, RC for bank exams, English rc for bank exams, Story-based rc for bank exams
Reading Comprehension for Bank Exams
This is the 4th set of reading comprehension for bank and insurance exams. Reading Comprehension plays an important role in the English section of banking exams. Because English is not subject it should be treated as a language and for this, we should read English on regular basis in any form like an editorial story.
Set-1. It’s indeed reassuring that talks between India and the UK over a free trade agreement that has been in the works have not stalled. These negotiations are “going on as we speak," India’s finance minister Nirmala Sitharaman said at an event in Washington. Negotiations are also underway with the EU and Canada, she added. Earlier, there had been reports in some of the British media that India had suspended trade talks, demanding that UK authorities denounce the recent attack on the Indian High Commission in London by Khalistani flag wavers. Had that been true, it would have been unfortunate. Such agreements are important to boost trade as new alignments take shape across the world. As far as possible, economic matters should not be mixed with other issues, especially when it involves countries with which we’ve generally had warm relations. No doubt, British law enforcers need to do better in keeping mobs off the premises of our diplomatic mission there. But commercial ties cannot be allowed to snap over a stray British failure on that front. In world affairs, we must always keep what’s important in focus. May our trade ties thrive. Both countries will benefit.
Set-2. This year’s spring meetings of the World Bank and International Monetary Fund that began on Monday will discuss climate finance, among other weighty issues, but amid clear signs of a Chinese challenge to the world order set by America. While China’s financial ties overseas reveal a geopolitical design against Western power, even as Beijing appears to snarl at Taiwan-US relations and relish another war distraction for Washington, its diplomatic headway in West Asia is now being analysed in the context of Gulf capital moving eastward and a Russia-included oil cartel. Chinese and Saudi project loans and economic bailouts are a global reality. For the Bretton Woods twins to retain their heft, they should raise their game to serve the world better. Being US-backed may no longer be the asset it was. As the US is no longer an upholder of free trade, the duo might also need to worry about “common prosperity" coming to be seen as a Chinese proposition globally. How effectively and quickly the two multilateral lenders are reformed could make a big difference, as also whether they are widely seen to be serving everybody’s best interests rather than just the West’s own.
Set-3. Civil aviation minister Jyotiraditya Scindia’s plan to create multiple aviation hubs in India is a welcome move. It would benefit not only airports and airlines but the entire Indian economy. If India is to house thriving multinational companies, both Indian-owned and foreign-owned, it is vital that direct air connectivity from the country to any corner of the world be readily available at short notice. That is not the case right now. Singapore, for example, connects to the most important destinations in the world directly, making it attractive as a hub of global business in the Asia-Pacific. Indians who seek to fly to any of the destinations of growing vitality in Southeast Asia, Oceania and East Asia right now find it more convenient to fly to Singapore and take connecting flights from there. That layover in Singapore could be done away with by converting Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad and Kochi into major aviation hubs.
