So basically, the text means the "READING". So when we talk about "text" we're talking about what your reading, a example is like this:
Lemonade --> Title
By ZB1993495 --> Author
It was a hot sunny day and I was craving a nice cup of lemonade. I rummaged my pockets, only to find pocket lint... --> Text
So, you would get questions about the TEXT, like a example:
Based on the TEXT, what can you assume about the narrator:
Since in the TEXT he said he had no money, you could assume he either is poor or has no money.