Question

Read the passage and answer the followings.

Ask people whether credit cards are a necessity or a

luxury and most would probably term them a necessity

these days. Credit cards are considered a boon for the ready

convenience they confer on the user- you don’t have to

worry about carrying enough cash when you go shopping or

to a restaurant. Just flash your card, sign and walk out.

But there are many who criticize credit cards for the “easy

money” syndrome they generate. It is true that many people

fall into a dept trap thanks to the extensive use of their

cards. But if you’re careful with your expenses, they

Can be handy thing to have around. Hence, you need to

consider the term ‘responsible usage’ and understand the

Actual significance of living on credit.

1 Why are credit cards referred to as a boon?

2 What are the disadvantages of a credit card?

3 In your opinion credit cards are a necessity or a

luxury, give reason.

4 What you flash and walk out?

5 Change the form of-

A] fall b] walk c] understand d] have

6 What are credits cards?

7. Write the opposites of-

A] Necessity b] luxury c] boon d] criticize

8 How the credit cards can be a handy thing?

9 Name the places where you can use yours credit cards?

10 Can we use more than one credit card or no?​

Answer 1

1. Credit cards are referred to as boon because they are a necessity and ready for the convenience they confer on the user.

2. Disadvantage of a credit card - Helps people to fall in debt trap by extensive usage.

3. In my opinion, credit cards are a necessity as the world is turning towards new technology. It is easy to carry.

4. We just flash our credit card and walk out.

5. A) Fall - Fell

B) Walk - Walked

C) Understand - Understood

D) have - Had

6. Credit cards are payment cards.

7. A) Necessity - luxury

B) Luxury - Necessity

C) Boon - Curse

D) Criticize - praise

8. They are small in size which can be easily carried in a pocket also. Hence, they are handy.

9. We can use our credit cards in a restaurant, Hotel and Banks etc.

10. Yes, we can keep more than one credit card at a same time.