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Helpful Reading Comprehension Passages With Questions and Answers. Part 15

Navigating Language Proficiency: A Comprehensive Guide to Reading Comprehension Mastery

Embarking on the journey of language mastery involves a nuanced understanding of reading comprehension — a skill amalgamating the twin pillars of reading and comprehension. This article delves into the essential components that constitute an effective approach to this skill, utilizing a diverse array of resources, including comprehension passages and strategic reading comprehension exercises.

English comprehension is an intricate tapestry that extends beyond surface-level understanding. To unlock its intricacies, individuals must immerse themselves in a plethora of resources such as reading comprehension passages, articles, and downloadable PDFs. Tailored for varying academic levels, from grade 3 to the more advanced class 10, these resources serve as stepping stones for learners to traverse the expansive landscape of language proficiency.

In the competitive academic sphere, specific examinations like CAT and bank exams underscore the pivotal role of adept reading comprehension. The nuanced meaning encapsulated within passages becomes the linchpin for success in such assessments. Integration of questions and answers within these passages transforms them into dynamic tools for comprehensive learning, aligning students with the rigorous demands of competitive exams.

For young minds grappling with the rudiments of language, particularly in grade 3, specialized reading comprehension passages cater to foundational skill development. Simultaneously, more advanced learners, navigating through class 10, benefit from sophisticated materials, ensuring a holistic comprehension journey.

The advent of reading comprehension passages with questions and answers in accessible PDF formats has revolutionized learning strategies, offering a structured roadmap for preparation. These resources serve as guiding beacons, steering aspirants through the intricacies of diverse competitive exams.

In summary, harnessing the wealth of resources encapsulated in reading comprehension passages across varying difficulty levels acts as a compass in the pursuit of language mastery. Empowering learners to traverse these passages effortlessly not only enriches their comprehension skills but also propels them towards academic excellence.

This article underscores the significance of reading comprehension while weaving in the highlighted keywords, accentuating their role in the holistic journey of language proficiency.

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PARAGRAPH

In April, the New York Stock Exchange proposed to join with Archipelago Holdings.  On December sixth, members of the exchange approved the merger by a vote of ninety-five percent. The New York Stock Exchange is two centuries old.  It is the biggest in the world in terms of the value of the stocks traded.  The Big Board lists almost two thousand eight hundred companies.  They have a combined worth of almost twenty million million dollars. Archipelago is less than ten years old.  It is a trading technology company based in Chicago.  It developed one of the first electronic trading systems.  It now trades over eight thousand stocks.  Many are also listed on other exchanges. The combined company will be called the N.Y.S.E Group.  Current members of the N.Y.S.E. will own seventy percent of the new company.  Archipelago shareholders will own thirty percent of it. The New York Stock Exchange still uses an “open outcry” system.  Traders shout offers to buy or sell stocks on the trading floor.  But trading electronically has become more and more important. John Thain is the chief executive officer.  He talks of a “hybrid market” that combines human and electronic trading systems.  Mr. Thain says developing both gives investors the best price on trades. Increasing electronic trading is only part of the merger deal.  Since nineteen seventy-one, the New York Stock Exchange has been organized as a non-profit corporation.  The current owners are the almost one thousand four hundred members known as seatholders. The new owners will be shareholders.  The exchange will become a public company like other major stock exchanges.  And, like other public companies, it will have to report financial information to the Securities and Exchange Commission. The New York Stock Exchange is a self-regulatory organization.  It enforces its own rules for some of its members.  The National Association of Securities Dealers supervises investment traders and trading companies.  Some companies are supervised by both the exchange and the association. Some lawmakers and the Securities Industry Association are suggesting changes.  They want to make policing the market simpler.

QUESTIONS

  1. The proposed merger between the New York Stock Exchange and Archipelago Holdings was approved by the exchange members with a vote of ________ percent.

    • A) 85
    • B) 90
    • C) 92
    • D) 95
    • E) 98
  2. The combined company resulting from the merger will be named the ________.

    • A) NYSE Holdings
    • B) Archipelago Exchange
    • C) Big Board Group
    • D) NYSE Group
    • E) Financial Markets Alliance
  3. John Thain, the CEO of the New York Stock Exchange, advocates for a “hybrid market” that integrates ________ and electronic trading systems for the best trade prices.

    • A) Human
    • B) Manual
    • C) Spontaneous
    • D) Immediate
    • E) Automated
  4. The New York Stock Exchange, previously organized as a non-profit corporation, will transition into a public company, requiring it to report financial information to the ________.

    • A) Federal Reserve
    • B) Treasury Department
    • C) SEC
    • D) NYSE Regulatory Committee
    • E) Office of the Comptroller of the Currency
  5. The National Association of Securities Dealers and the New York Stock Exchange both have supervisory roles over certain investment traders and trading companies, leading to suggestions by lawmakers and the Securities Industry Association to streamline market ________.

    • A) Operations
    • B) Regulations
    • C) Strategies
    • D) Compliance
    • E) Surveillance

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ANSWERS

  1. D) 95
  2. D) NYSE Group
  3. A) Human
  4. C) SEC
  5. B) Regulations

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