Questions

Q:

Which one of the following statements is not correct?

A) Creation of National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget, 2015-16. B) NIIF is a fund for enhancing infrastructure facility in the country.
C) NIIF and NIF (National Investment Fund) are the names of the same organization. D) NIIF can have more than one alternative investment fund.
 
Answer & Explanation Answer: C) NIIF and NIF (National Investment Fund) are the names of the same organization.

Explanation:

The cabinet Committee on Economic Affairs (CCEA) on 27th January, 2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings without depleting the corpus.

National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.

This is different from the National Investment Fund.Its creation was announced in the Union Budget 2015-16. The operational framework was approved on 20 August 2015.NIIF got registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Sushma Swaraj is _________ by profession.

A) Advocate B) Teacher
C) Engineer D) Doctor
 
Answer & Explanation Answer: A) Advocate

Explanation:

Other than being the politician of India, Sushma Swaraj is Advocate by profession. She was the first women chief minister of Delhi for a brief period, Second women Minister for External Affairs after Indira Gandhi.

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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

Arrange the given words in the sequence in which they occur in the dictionary.

1. Ropped
2. Roster
3. Roasted
4. Road
5. Roller

A) 35412 B) 45312
C) 34512 D) 43512
 
Answer & Explanation Answer: D) 43512

Explanation:
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Q:

What is the value of a testing group? How do you justify your work and budget?

Answer

Testing is a process used for revealing defects in s/w and for establishing that the s/w has attained a specific degree of quality.


The s/w testing group’s main objective is to ensure that the s/w is doing what it is supposed to do as well as the s/w is not doing what it is not supposed to do. With this objective, it is clear that it is necessary to have a separate group for testing the s/w other than the group which developed it.


Also, bugs in the s/w can cause severe monetary as well as other loss to the organization. So it is important to allocate some budget for the testing group.

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Subject: Software Testing

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Q:

Independent is the newspaper founded by

A) B.R. Ambedkar B) Jawaharlal Nehru
C) Mothilal Nehru D) Bipin Chandra Pal
 
Answer & Explanation Answer: C) Mothilal Nehru

Explanation:
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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Missing letters puzzle

Answer

Answer:  4


Explanation:   Splitting the diagram in half horizontally and vertically, each quarter contains the alphabet written in sequence, with the relative position of this sequence rotating 1/4 turn anti-clockwise as you move clockwise around the quarters.

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Q:

What falls but never breaks? What breaks but never falls?

Answer

Night and Day.


 


Night is what that always falls but never breaks


Day is what always breaks but never falls.

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Subject: Logic Puzzles Exam Prep: Bank Exams

10 2549
Q:

A hinterland is 

A) an area behind a seaport that supplies the bulk of the exports B) the interior of a valley
C) an elevated area D) an area occupied by backward community
 
Answer & Explanation Answer: A) an area behind a seaport that supplies the bulk of the exports

Explanation:

It is also the land that accommodates the imports of the port.

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Filed Under: World Geography

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