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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: While it is good to see SEBI taking a serious view of leaks and initiating suo motu action, bringing the perpetrators to book through such old-fashioned methods 0may be an uphill task.
Q: But recent episodes of suspected insider trading through WhatsApp groups, in which analysts shared prescient tip-offs about upcoming results for top listed companies, reveals that the framework remains porous.
R: The Ministry of Corporate Affairs and the Securities Exchange Board of India (SEBI) have lately redoubled their efforts to put in place a water-tight governance framework for listed firms.
S: Initiating a probe into this episode, SEBI has interrogated analysts, conducted raids on stock brokers and deployed search-and-seizure powers to confiscate laptops and mobile phones.

A) RQSP B) QSPR
C) SPQR D) PRQS
 
Answer & Explanation Answer: A) RQSP

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

A starts a cement trading business by investing Rs 5 lakhs. After 2 months, B joins the business by investing Rs 10 lakhs and then 4 months after B joined C too joins them by investing Rs 20 lakhs. 1 year after A started the business they make Rs 3,50,000 in profit. What is B's share of the profit (in Rs)?

A) 75000 B) 1,25,000
C) 1,50,000 D) 1,00,000
 
Answer & Explanation Answer: B) 1,25,000

Explanation:
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Filed Under: Partnership
Exam Prep: Bank Exams

Q:

Insider trading is related to

A) Trade sector B) Share market
C) Credit market D) Horse racing
 
Answer & Explanation Answer: B) Share market

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which of  the  following  statements  about the social base of the Arya Samaj in British India is/are correct?1.It  was  located  mainly in  Punjab  and western Uttar Pradesh.2.It    mainly    comprised    the    trading castes.3.It  was  much  more  limited  than  that  of the Brahmo Samaj.

Select  the  correct  answer  using  the  code given below.

A) 1 and 2 only B) 2 and 3 only
C) 1 only D) 1, 2 and 3
 
Answer & Explanation Answer: C) 1 only

Explanation:

Arya Samaj was an Indian religious movement  based   on   Vedas  and was     founded     by     Dayananda Saraswati on April 7, 1875 and was based in Punjab and western Uttar Pradesh     states     like,     Aligarh, Varanasi, etc.  It  was  against  caste system  and  supported  equality  of men   and   women,moreover   it mainly    comprised    the    trading castes;    while    Brahmo    Samaj, founded  by  Raja  Rammohan  Roy, was limited because it was popular only   among   elite   and   educated society.

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

In each below is given a statement followed by three conclusions numbered I, II and III. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement Give answer:

Statement:

For the first time India will invite heads of ten Asian nations for the Republic day 2018 celebrations. ASEAN is the association of south-east Asian nations. Its members are Vietnam, Laos, Philippines, Singapore, Thailand, Indonesia, Cambodia, Brunei, Malaysia and Myanmar.

Which of the following can be inferred from the given statement?


Conclusions:
(i) Republic day 2018 will be the first event ever where so many leaders will together will be the chief guests at the parade which would showcase India’s Military might.
(ii) India is the only country among southeast Asian nations which celebrates Republic Day.
(iii) India and ASEAN are actively engaged in a comprehensive economic partnership, which is expected to emerge as the largest regional trading arrangement.

A) If only conclusion II follows B) If only conclusion I, III follows
C) If only conclusion I follows D) If only conclusion III follows
 
Answer & Explanation Answer: C) If only conclusion I follows

Explanation:

(i)The statement can be concluded from the given statement because it describes that Republic day 2018 will witness so many leaders for the first time which is also mentioned in the given statement that for the first time India will invite heads of ten ASEAN nations for Republic day 2018 celebrations.
(ii) This statement cannot be concluded from the given statement as it is not mentioned in the given statements.
(iii) This also cannot be concluded as no information is given about India and Asian’s economic partnership.

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Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

Q:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?

A) Chit Funds B) Shell companies
C) Nidhi Companies D) Indigenous Bankers
 
Answer & Explanation Answer: B) Shell companies

Explanation:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which of the following Cryptocurrency Dealers launched India’s first mobile ‘Bitcoin trading' app for transacting in virtual currencies?

A) EtherDelta Exchange B) BitFin Exchange
C) Venus Exchange D) Pluto Exchange
 
Answer & Explanation Answer: D) Pluto Exchange

Explanation:

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

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Filed Under: General Awareness