Exams


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 consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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

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Q:

Shah Jahan (1627–1657 AD) was the ruler of which dynasty?

A) Mughal B) Nanda
C) Maurya D) Haryanka
 
Answer & Explanation Answer: A) Mughal

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

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Q:

Ashoka The Great (273–232 B.C.) was the ruler of which dynasty?

A) Mewar B) Mughal
C) Maurya D) Peshwas
 
Answer & Explanation Answer: C) Maurya

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

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Q:

Who won the 2016 men's singles Wimbledon Championship?

A) Novak Djokovic B) Andy Murray
C) Roger Federer D) Milos Raonic
 
Answer & Explanation Answer: B) Andy Murray

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which object converts electricity to light?

A) Solar panels B) Battery
C) Bulb D) All the above
 
Answer & Explanation Answer: C) Bulb

Explanation:

Bulb converts electricity to light whereas solar panel is the device which converts light to electricity.

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: Some ribbons are tapes

Statement II: Some strips are ribbons

 

Conclusion I: All tapes are strips

Conclusion II: No strips are tapes

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: D) Neither conclusion I nor conclusion II follows

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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