Why Risks Can Go Wrong – IELTS Reading Answers

Justin,

Updated On Apr 20, 2021

Why Risks Can Go Wrong – IELTS Reading Answers

Contents

1 Why Risks Can Go Wrong
2 Answers

You should spend 20 minutes on questions 1-13, based on the given passage.

Why Risks Can Go Wrong

risks go wrong 1

risks go wrong 2

risks go wrong 3

risks go wrong 4

risks go wrong 5

risks go wrong 6

risks go wrong 7

Answers

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The answers to questions 1-13 are given below along with their explanations.

Question Number	Answer	Keywords	Locations of Keywords
1	vi	Kahneman shared, Nobel prize, for his work	Para B, lines 6-7
2	xi	‘anchor effect’	Para D, line 2
3	iii	In addition, mistakes may arise due to stubbornness	Para E, line 1
4	viii	People, put, emphasis, things, seen, experienced themselves	Para F, first 2 lines
5	i	people spend, too much time, small decisions, not enough, big ones	Para G, first 2 lines
6	iv	crying over spilled milk, waste of time	Para H, line 1
7	D	applying psychological insights, economics, business decisions, rather bizarre	Para B, lines 4-5
8	B	same goes, hopes, ever-rising prices, homes	Para C, lines 4-5
9	D	mistakes, arise, stubbornness	Para E, line 1
10	A	large majority, Americans, Europeans invest, heavily, shares, home countries	Para F, lines 6-7
11	managers and/or sportsmen	Such optimism, useful, managers, sportsmen	Para C, lines 5-6
12	driving	fewer than half, respondents admit, below-average skills, driving	Para C, line 9
13	pharmaceutical (companies)	Pharmaceutical companies, accustomed, failures, big successes	Para I, lines 2-3

Also check :

Practice IELTS Reading based on question types

Reading Multiple Choice Questions

True/False/Not Given

Yes/No/Not Given

Reading Sentence Completion

Reading Summary Completion

Reading Table Completion

Reading Matching Headings

Reading Matching features

Reading Diagram Completion

Reading Matching Sentence endings

Reading Short Answer Questions

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Justin is our Exam Prep Master and helps our learners with the important information, tips to tackle the IELTS Test. He has his way of researching and putting into words the details that students need to know while prepping for the IELTS Test. Justin joined us right after working with an NGO, which helped students study. He understood the difficulties for local students who took up the IELTS Test as English wasn't their first language and thus took it upon him to educate and help students learn the basics of the language and how to tackle the test.