Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985	B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995	D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971

Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: B) Monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is NOT the combined from of carbon?

A) Diamond	B) Dolomite
C) Marble	D) Chalk

Answer & Explanation Answer: A) Diamond

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Choose the one which is different or odd from the following.

A) Aluminium	B) Iron
C) Copper	D) Brass

Answer & Explanation Answer: D) Brass

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Where can you find the Kunchikal waterfalls?

A) Kerala	B) Karnataka
C) Andhra Pradesh	D) Telangana

Answer & Explanation Answer: B) Karnataka

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

On which river's bank is Panaji located?

A) Mandovi	B) Zuari
C) Sal	D) Terekhol

Answer & Explanation Answer: A) Mandovi

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Two or more elements combine to form a

A) atom	B) valency
C) compound	D) radical

Answer & Explanation Answer: C) compound

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics	B) Econometrics
C) Microeconomics	D) Heterodox Economics

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