DIRECTIONS(1-5): Read the following passage carefully and answer the questions given below it.
It is strange that, according to his position in life, an extravagant man is admired or despised. A successful businessman does nothing to increase his popularity by being careful with his money. He is expected to display his success, to have a smart car, an expensive life, and to be lavish with his hospitality. If he is not so, he is considered to mean and his reputation in business may even suffer in consequence. The paradox remains that if he had not been careful with his money in the first place, he would never have achieved his present wealth. Among the two income groups, a different set of values exists.
The young clerk who makes his wife a present of a new dress when the hadn’t paid his house rent condemned as extravagant. Carefulness with money to the point of meanness is applauded as a virtue. Nothing in his life is considered more worthy than paying his bills. The ideal wife for such a man separates her housekeeping money into joyless little piles- so much for rent, for food, for the children’s shoes; she is able to face the milkman with equanimity and never knows the guilt of buying something she can’t able to face the milkman with equanimity and never knows the guilt of buying something she can’t really afford. As for myself, I fall into neither of these categories. If I have money to spare I can be extravagant, but when, as is usually the case, I am hard up, then I am then meanest man imaginable.
1. In the opinion of the writer, a successful businessman
A. is more popular if he appears to be doing nothing.
B. should not bother about his popularity.
C. must be extravagant before achieving success.
D. is expected to have expensive tastes.
E. None of these
Answer: Option D
2. The phrase lavish with his hospitatlity signifies
A. miserliness in dealing with his friends.
B. considerate ness in spending on guests and strangers.
C. extravagance in entertaining guests.
D. indifference in treating his friends and relatives.
E. none of these
Answer: Option C
3. We understand from the passage that
A. all mean people are wealthy
B. wealthy people are invariably successful.
C. carefulness generally leads to failure.
D. thrift may lead to success.
E. none of these
Answer: Option D
4. It seems that low paid people should
A. not pay their bills promptly.
B. not keep their creditors waiting.
C. borrow money to meet their essential needs
D. feel guilty if they overspend
E. none of these
Answer: Option D
Explanation:
The correct answer here is educate. While the other words have similar meaning, they do not make the sentence grammatically correct.
5. The word paradox means:
A. statement based on facts.
B. that which brings out the inner meaning.
C. that which is contrary to received opinion.
D. statement based on the popular opinion.
E. none of these
Answer: Option C
Explanation:
Legal aid is “granted”. So, it fits the blank.