Questions

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.
In finance, a __________ is an instrument of indebtedness of the issuer to the holders. The ___________ is a debt security, under which the issuer owes the holders a debt and is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date. Interest is usually payable at fixed intervals (semi- annual, annual, sometimes monthly). Very often it is negotiable, that is, the ownership of the instrument can be transferred in the secondary market. This means that once the transfer agents at the bank medallion stamp the same, it is highly liquid on the secondary market. Thus, a __________ is a form of loan or IOU.

A) Brand B) Stock
C) Bond D) Barter
 
Answer & Explanation Answer: C) Bond

Explanation:

‘Brand’ refers to a particular identity or image regarded as an asset. ‘Stock’ refers to the capital raised by a company or corporation through the issue and subscription of shares. ‘Bond’ is an interest-bearing security issued by governments, companies and some other organisations. ‘Barter’ refers to exchange (goods or services) for other goods or services without using money. ‘Bankruptcy’ means the state of being bankrupt. The given blanks can either use ‘bond’ or ‘stock’ as both are similar in meaning. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (that is, they are owners), whereas bondholders have a creditor stake in the company (that is, they are lenders). Being a creditor, bondholders have priority over stockholders. Thus, ‘bond’ is the best fit word for the given blanks as it is clearly stated that it is a form of loan. This makes option 3 the correct answer.

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Evil twin

 

A) Getting punished for the deeds of another person who is just like you B) An imaginary double humorously invoked to explain or excuse uncharacteristic or reprehensible behaviour
C) When two people are alike then one will be good and the other evil D) To show behaviour which randomly switches between good and evil
 
Answer & Explanation Answer: B) An imaginary double humorously invoked to explain or excuse uncharacteristic or reprehensible behaviour

Explanation:
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select No Error.

 

As several studies shows over (1)/ the years, the annual data is useful in (2)/ reviewing trends of extreme events. (3)/ No error. (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

It is basic to a democracy that its citizens remain in harmony _______ one another. At the very least, they should _______ treat each other as enemies. Enmity is spreadonly by vested interests that hope to thrive _________ polarising citizens. The ______________ between professed love for the country and infecting the people with hatred remains ignored. There is no instance in history of the policy of ‘divide and rule’ _____________ people’s welfare.

 

hope to thrive _________ polarising citizens

 

A) so B) as
C) by D) like
 
Answer & Explanation Answer: C) by

Explanation:
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

One hesitate to offer an interpretation of (1)/ such an oracular pronouncement as (2)/ the reader may have his own understanding of it. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

India has already made _________________ concessions to enable a consensus and successful outcome at Paris. Now it must ensure that it is not caught in a relentless ________________ process where each concession becomes an argument for making the next one. The post-Paris negotiations will determine more ____________ the shape of the climate change architecture for the next several decades. We _______________ ensure that India’s vital interests are safeguarded and the principle ____________ equity and equitable burden-sharing is reflected across this architecture.

 

the principle ____________ equity

 

A) for B) of
C) about D) like
 
Answer & Explanation Answer: B) of

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

The realisation came when we noticed that our children (had becoming) too dependent on us.

 

A) had become B) has became
C) has become   D) no improvement
 
Answer & Explanation Answer: A) had become

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Against the clock

 

A) One can't fight one's fate B) Work very fast to complete something within a deadline
C) Time will march on ceaselessly irrespective of what you do D) The person who manages time will be successful
 
Answer & Explanation Answer: B) Work very fast to complete something within a deadline

Explanation:
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