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Q:

Which of the following is the first micro finance companyto start operation as a commercial bank?

A) Oriental Bank of Commerce B) State Bank of India
C) Reserve Bank of India D) Punjab National Bank
 
Answer & Explanation Answer:

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

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Q:

CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?

A) Clearing B) Culminative
C) Collateralized D) Credit
 
Answer & Explanation Answer: C) Collateralized

Explanation:

CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.

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Q:

Weight of an object on the moon is ............ the weight of the object on earth.

A) equal to B) 1/6th
C) 1/2 D) 1/5th
 
Answer & Explanation Answer: B) 1/6th

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The plateau that has both West and East flowing drainage system is

A) Malwa B) Chota Nagpur
C) Ranchi D) Hazaribagh
 
Answer & Explanation Answer: A) Malwa

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Articulate

A) Dominate B) Distinct
C) Helpers D) Unsteady
 
Answer & Explanation Answer: B) Distinct

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
Fear of Fire

A) Arsonphobia B) Astraphobia
C) Astrophobia D) Arrhenphobia
 
Answer & Explanation Answer: A) Arsonphobia

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
To give up a throne voluntarily

A) Archer B) Bigot
C) Abdicate D) Delegate
 
Answer & Explanation Answer: C) Abdicate

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Revenue should be recognized when

A) the service is performed B) the customer charges an order
C) cash is received D) the customer places an order
 
Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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