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IELTS Academic Reading Practice

Description: It contains questions like Yes No, True False and fill in the blanks.
Number of Questions: 4
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Tags: Reading IELTS ACEDEMIC READING Yes/No/Not Given Multiple Choice Questions Short Answers Questions Sentence Completion
Attempted 0/3 Correct 0 Score 0

Directions: Choose the correct option a, b or c.

What is the best title for the above passage-

Directions: Reading passage : Gold vs Sensex
Gold emerged as the saviour for investors worldwide in a year when all the asset classes failed to deliver. Its prices are expected to remain strong in 2009. Investment in gold through Exchange-traded funds (ETF’s) generated an average one year return of 27 percent as compared to the 53 percent fall in the Sensex during the year.
Experts feel that 2009 will continue to see strong gold prices. There is no certainty of how long the economic turmoil will prevail. Till that time the prices will remain strong according to the World Gold Council. In the coming year gold will range between 11,450 to Rs. 15,200 per 10 gm. According to the Angel Commodities.
As the global weakness continues, central banks see gold as a safe heaven. With interest rates moving towards a zero-rate regime, Investment in currency will drop, lending more sheen to the yellow metal. We expect a fall in gold production by 5 percent in 2009 and with demand rising , the prices should rise by Rs. 15,000 to 16,000 per 10 gm.
Gold prices though look pretty at higher levels but still it propose an opportunity for investment. While the traditional forms of gold investment like Jewellery, gold bars and coins exist, gold ETF’s emerge as the most attractive form of investment. Investors can invest a maximum of 10 percent of their portfolio into gold.
Different reasons has been seen why the gold will remain strong. Keeping gold demand high and prices stiff. Globally the interest rates are declining. Coupled with high demand this would keep prices high.

  1. How gold saved the day

  2. How the sensex rocks to the light metal

  3. Gold is an asset


Correct Option: A

Directions: Choose the correct option a, b or c.

ETF generated an average return of

Directions: Reading passage : Gold vs Sensex
Gold emerged as the saviour for investors worldwide in a year when all the asset classes failed to deliver. Its prices are expected to remain strong in 2009. Investment in gold through Exchange-traded funds (ETF’s) generated an average one year return of 27 percent as compared to the 53 percent fall in the Sensex during the year.
Experts feel that 2009 will continue to see strong gold prices. There is no certainty of how long the economic turmoil will prevail. Till that time the prices will remain strong according to the World Gold Council. In the coming year gold will range between 11,450 to Rs. 15,200 per 10 gm. According to the Angel Commodities.
As the global weakness continues, central banks see gold as a safe heaven. With interest rates moving towards a zero-rate regime, Investment in currency will drop, lending more sheen to the yellow metal. We expect a fall in gold production by 5 percent in 2009 and with demand rising , the prices should rise by Rs. 15,000 to 16,000 per 10 gm.
Gold prices though look pretty at higher levels but still it propose an opportunity for investment. While the traditional forms of gold investment like Jewellery, gold bars and coins exist, gold ETF’s emerge as the most attractive form of investment. Investors can invest a maximum of 10 percent of their portfolio into gold.
Different reasons has been seen why the gold will remain strong. Keeping gold demand high and prices stiff. Globally the interest rates are declining. Coupled with high demand this would keep prices high.

  1. 25

  2. 26

  3. 27


Correct Option: C

Directions: Choose the correct option a, b or c.

Gold is expected to be string in

Directions: Reading passage : Gold vs Sensex
Gold emerged as the saviour for investors worldwide in a year when all the asset classes failed to deliver. Its prices are expected to remain strong in 2009. Investment in gold through Exchange-traded funds (ETF’s) generated an average one year return of 27 percent as compared to the 53 percent fall in the Sensex during the year.
Experts feel that 2009 will continue to see strong gold prices. There is no certainty of how long the economic turmoil will prevail. Till that time the prices will remain strong according to the World Gold Council. In the coming year gold will range between 11,450 to Rs. 15,200 per 10 gm. According to the Angel Commodities.
As the global weakness continues, central banks see gold as a safe heaven. With interest rates moving towards a zero-rate regime, Investment in currency will drop, lending more sheen to the yellow metal. We expect a fall in gold production by 5 percent in 2009 and with demand rising , the prices should rise by Rs. 15,000 to 16,000 per 10 gm.
Gold prices though look pretty at higher levels but still it propose an opportunity for investment. While the traditional forms of gold investment like Jewellery, gold bars and coins exist, gold ETF’s emerge as the most attractive form of investment. Investors can invest a maximum of 10 percent of their portfolio into gold.
Different reasons has been seen why the gold will remain strong. Keeping gold demand high and prices stiff. Globally the interest rates are declining. Coupled with high demand this would keep prices high.

  1. previous year

  2. current year

  3. following year


Correct Option: B
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