Question Description
Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the passage and answers the questions given below. Some words have been highlighted in the passage for your attention.India is going through one of the greatest periods of wealth creation — and destruction — all at the same time.A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace.It’s a shift shaped partly by a debt-fueled expansion that left businesses from power generation to airlines with $190 billion in soured loans. Over the past few years, Prime Minister Narendra Modi’s government has cracked down on delinquent borrowers, and India’s banks moved to seize their assets, a dramatic change for a country where the wealthy once enjoyed almost complete protection.While old business clans continue to dominate India’s rich lists, a tenfold expansion in its economy since its opening in the 1990s has spawned new tycoons in fields like technology. The number of billionaires in India more than doubled to 119 between 2013 and 2018, according to Knight Frank. And the country will lead the global growth in ultra high net worth individuals, with its numbers rising 39 percent to 2,697 by 2023, the researcher estimates.The business environment has improved over the years," said Charles Dhanaraj, a professor at the Fox School of Business at Temple University in Philadelphia. "The availability of venture capital and private equity has changed the opportunity space for promising businesses. So we should see more of these startups and scaleups in the coming years."Q.Which field has witnessed a growth in tycoons?a)Educationb)Businessc)Technologyd)All of the abovee)None of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.