Questions

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:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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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:

The famous Golconda Fort is situated in the state of

A) Madhya Pradesh B) Telangana
C) Karnataka D) Bihar
 
Answer & Explanation Answer: B) Telangana

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following organisms are considered to be both Living and Non-living?

A) Bacteria B) Fungi
C) Algae D) Virus
 
Answer & Explanation Answer: D) Virus

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The essential organs in a flower for reproduction are

A) the stamen and pistil B) the sepal and stamen
C) the sepal and petal D) the petal and pistil
 
Answer & Explanation Answer: A) the stamen and pistil

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The word development in economics pertains to

A) democratic countries B) third world countries
C) advanced countries D) undeveloped countries
 
Answer & Explanation Answer: B) third world countries

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a water molecule, the ratio of mass of Hydrogen to the mass of Oxygen is always:

A) 8:1 B) 7:1
C) 1:7 D) 1:8
 
Answer & Explanation Answer: D) 1:8

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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