VARC Test - 8

Direction: Read the passage and answer the question that follows. Some words may be highlighted for you. Pay careful attention.

The economy of a country means a combination of all the activities like production, consumption, import-export of goods and services that lead to the progress of not only the country but also of its citizens as a whole. The development of an economy depends upon an individual from a corporation to a big multi-national company to the government of that country. No economy is static; it keeps on evolving with the changes in culture, lifestyle, policies, and laws that are framed. Digital economy refers to an economy that is based on digital technologies, including digital communication networks (the Internet, intranets, and private value-added networks or VANs), computers, software, and other related information technologies. The digital economy is also sometimes called the Internet economy, the new economy, or the Web economy. In this new economy, digital networking and communication infrastructures provide a global platform over which people and organizations devise strategies, interact, communicate, collaborate, and search for information. A vast array of digitizable products databases, news and information, books, magazines, TV and radio programming, movies, electronic games, musical CDs, and software which are delivered over the digital infrastructure any time, anywhere in the world Consumers and firms conducting financial transactions digitally-through digital currencies or financial tokens carried via networked computers and mobile devices Physical goods such as home appliances and automobiles, which are equipped with microprocessors and networking capabilities. The term digital economy also refers to the convergence of computing and communication technologies on the Internet and other networks, and the resulting flow of information and technology that is stimulating e-commerce and vast organizational change. This convergence enables all types of information (data, audio, video, etc.) to be stored, processed, and transmitted over networks to many destinations worldwide. The digital economy has helped create an economic revolution, which was evidenced by unprecedented economic performance and the longest period of uninterrupted economic expansion in history from 1991 until 2007.

Direction: Read the passage and answer the question that follows. Some words may be highlighted for you. Pay careful attention.

The economy of a country means a combination of all the activities like production, consumption, import-export of goods and services that lead to the progress of not only the country but also of its citizens as a whole. The development of an economy depends upon an individual from a corporation to a big multi-national company to the government of that country. No economy is static; it keeps on evolving with the changes in culture, lifestyle, policies, and laws that are framed. Digital economy refers to an economy that is based on digital technologies, including digital communication networks (the Internet, intranets, and private value-added networks or VANs), computers, software, and other related information technologies. The digital economy is also sometimes called the Internet economy, the new economy, or the Web economy. In this new economy, digital networking and communication infrastructures provide a global platform over which people and organizations devise strategies, interact, communicate, collaborate, and search for information. A vast array of digitizable products databases, news and information, books, magazines, TV and radio programming, movies, electronic games, musical CDs, and software which are delivered over the digital infrastructure any time, anywhere in the world Consumers and firms conducting financial transactions digitally-through digital currencies or financial tokens carried via networked computers and mobile devices Physical goods such as home appliances and automobiles, which are equipped with microprocessors and networking capabilities. The term digital economy also refers to the convergence of computing and communication technologies on the Internet and other networks, and the resulting flow of information and technology that is stimulating e-commerce and vast organizational change. This convergence enables all types of information (data, audio, video, etc.) to be stored, processed, and transmitted over networks to many destinations worldwide. The digital economy has helped create an economic revolution, which was evidenced by unprecedented economic performance and the longest period of uninterrupted economic expansion in history from 1991 until 2007.

Direction: Read the passage and answer the question that follows. Some words may be highlighted for you. Pay careful attention.

The economy of a country means a combination of all the activities like production, consumption, import-export of goods and services that lead to the progress of not only the country but also of its citizens as a whole. The development of an economy depends upon an individual from a corporation to a big multi-national company to the government of that country. No economy is static; it keeps on evolving with the changes in culture, lifestyle, policies, and laws that are framed. Digital economy refers to an economy that is based on digital technologies, including digital communication networks (the Internet, intranets, and private value-added networks or VANs), computers, software, and other related information technologies. The digital economy is also sometimes called the Internet economy, the new economy, or the Web economy. In this new economy, digital networking and communication infrastructures provide a global platform over which people and organizations devise strategies, interact, communicate, collaborate, and search for information. A vast array of digitizable products databases, news and information, books, magazines, TV and radio programming, movies, electronic games, musical CDs, and software which are delivered over the digital infrastructure any time, anywhere in the world Consumers and firms conducting financial transactions digitally-through digital currencies or financial tokens carried via networked computers and mobile devices Physical goods such as home appliances and automobiles, which are equipped with microprocessors and networking capabilities. The term digital economy also refers to the convergence of computing and communication technologies on the Internet and other networks, and the resulting flow of information and technology that is stimulating e-commerce and vast organizational change. This convergence enables all types of information (data, audio, video, etc.) to be stored, processed, and transmitted over networks to many destinations worldwide. The digital economy has helped create an economic revolution, which was evidenced by unprecedented economic performance and the longest period of uninterrupted economic expansion in history from 1991 until 2007.

Direction: Read the passage and answer the question that follows. Some words may be highlighted for you. Pay careful attention.

The economy of a country means a combination of all the activities like production, consumption, import-export of goods and services that lead to the progress of not only the country but also of its citizens as a whole. The development of an economy depends upon an individual from a corporation to a big multi-national company to the government of that country. No economy is static; it keeps on evolving with the changes in culture, lifestyle, policies, and laws that are framed. Digital economy refers to an economy that is based on digital technologies, including digital communication networks (the Internet, intranets, and private value-added networks or VANs), computers, software, and other related information technologies. The digital economy is also sometimes called the Internet economy, the new economy, or the Web economy. In this new economy, digital networking and communication infrastructures provide a global platform over which people and organizations devise strategies, interact, communicate, collaborate, and search for information. A vast array of digitizable products databases, news and information, books, magazines, TV and radio programming, movies, electronic games, musical CDs, and software which are delivered over the digital infrastructure any time, anywhere in the world Consumers and firms conducting financial transactions digitally-through digital currencies or financial tokens carried via networked computers and mobile devices Physical goods such as home appliances and automobiles, which are equipped with microprocessors and networking capabilities. The term digital economy also refers to the convergence of computing and communication technologies on the Internet and other networks, and the resulting flow of information and technology that is stimulating e-commerce and vast organizational change. This convergence enables all types of information (data, audio, video, etc.) to be stored, processed, and transmitted over networks to many destinations worldwide. The digital economy has helped create an economic revolution, which was evidenced by unprecedented economic performance and the longest period of uninterrupted economic expansion in history from 1991 until 2007.

Direction: The following sentence consists an underlined word followed by five options. Select the option that is opposite in meaning to the underlined word and mark your response accordingly.

Direction: The following sentence consists an underlined word followed by five options. Select the option that is opposite in meaning to the underlined word and mark your response accordingly.