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Online shopping is the process of
researching and purchasing products or services over the Internet.
Basically online shopping is divided into 2 categories: Travel/Tourism
and Online Retail Business. Travel/Tourism websites are like
Makemytrip.com, IRCTC.com, Bookmyshow.com, Paytm.com and Yatra.com.
These all sites provide some kind of either tickets or service. Like
Paytm.com helps to do online recharge while makemytrip.com helps us to
make Air/Bus/Rail ticket. Online Retail Websites are those, from where
we purchase a product and the product is delivered to our doorstep. Like
Flipkart.com, eBay.com and Amazon. in. These websites have a wide range
of variety of products and brand. They deliver the purchased goods to
our doorstep. Online Ticketing/Tourism/Services contribute 75% to the
total revenue.
The earliest online stores went into
business in 1992, and online retailing took over a significant segment
of the retail market during the first decade of the twenty-first
century, as ownership of personal computers increased and established
retailers began to offer their products over the Internet. Despite spiralling inflation
and decline in demand for goods and services, e-commerce continued to
gather steam in the year 2013. It moved strongly ahead, finding great
acceptance among consumers as they turned to online portals for buying
electronics, home appliances, fast-moving consumer goods and even cars.
The year 2014 will see continuation of consolidation of business in the
over-crowded industry, and experts expect clear leaders to emerge in
terms of specific categories. Reasons behind the popularity of Online
Shopping in India are following: Internet users are increasing at a rate
of 20%.,Some specific product may not be available in local market. In
online shopping website, we can find a wide of variety and brands. So we
can choose the best and cheaper among all. We get discount and other
incentives through online shopping, which is generally not available in
retail shop. Like Flipkart.com provides 30 days replacement guarantee.
Moreover we have a busy life schedule, to book a Railway ticket at
Ticket Counter may consume entire day but we can book the same ticket
online within 2 minute (considering makemytrip.com). So we can save our
time through online shopping. We have also multiple payment options. So
no tension of cash. in case of online shopping we get cash on delivery,
some times free home delivery and many other incentives, which are very
attractive.
The growth rate of Online Shopping is gaining pace in
India. India is 3rd largest country in this race lacking behind only
USA and China. The growth rate of Online Shoppers is more than 30% while
world’s average growth rate is just 6-7%. You may be wondered to see
that only 11% of India population is using Internet and only 10 million
online shoppers. Think about the number of online shoppers, if 50% of
India’s population gets start online shopping. The revenue generation
was $2.5b in 2009, $6.3b in 2011 and $14b in 2012 and it is expected to
reach to $24b by 2015. It is expected to contribute 4% to our GDP by
2020.Consumers across the globe are increasingly swapping crowded
stores for one-click convenience, as online shopping becomes a safe and
popular option. Online shopping has some advantages over shopping in
retail stores, including the ability to easily compare prices from a
range of merchants, access to a wide selection of merchandise, being
open 24*7 and the convenience of not having to drive to a physical
store. The Future growth will come through improvements to the shopping
process on existing Web sites; the implementation of more online
shopping sites by existing retailers; the coming of age of a younger,
more technology-oriented generation; and the introduction of novel
goods, services and online shopping experiences. The growth of online
shopping in developing nations like India will occur as more people
acquire personal computers and credit cards.
1. Which of the following is not a feature of online shopping?
1) It provides a wide range of products and brand.
2) All products are available on sites with a heavy discount.
3) One can get replacement guarantee on some specific shopping sites.
4) Online shopping is available at all the time.
5) None of these
2. Which of the following is not true in the context of given passage?
1) Online shopping is a popular but not safe option.
2) Flipkart.com provides one month replacement guarantee.
3) It's expected that online shopping users will increase.
4) All of the above
5) None of these
3. India is lacking behind from which of the following countries?
1) Only USA
2) Only Canada
3) Only Japan
4) Only China
5) Other than given option
4. How much percentage of revenue is expected to contribute to India's GDP in next 6 years by online shoppers?
1) 6.3%
2) 3%
3) 4%
4) Data inadequate
5) Other than given option.
5. Which factors can improve the future growth of online shopping?
1) By introducing more online shopping sites.
2) By making more user friendly sites.
3) By improving the shopping process
4) By introducing variety of goods and services.
5) All of the above.
6. Which of the following is not a shopping site?
1) Paytm.com
2) Bookmyshow.com
3) eBay.com
4) doorstep.com
5) Other than given option.
7. Why do people like to prefer online shopping?
1) Easy access to variety of brands and it saves time with multiple payment option.
2) Today's generation is technology oriented
3) Now most of the people have their own personal computers and credit cards
4) It provides discount and other lucrative offers.
5) Other than given option
Direction : Choose the word which is MOST SIMILAR in meaning to the word printed in bold as used in the passage.
8. SPIRALLING ભમરિયા આકારનું
1) Bending વક્રતા
2) Deflecting દિશા બદલવી
3) Inclining ઝુકાવ
4) Arch ચાલાક કમાન મહેરાબ લુચ્ચું
5) Hook કડી દાતરડું
9. PACE
1) Power
2) Race
3) Pair
4) Sway હાક વર્ચસ્વ
5) Progress
Direction: Choose the word which is MOST OPPOSITE in meaning to the word printed in bold as given below-
10. SWAP
1) Maintain
2) Exchange
3) Replace
4) Create
5) Fix
