General Knowledge Questions

Q:

Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?

A) (i), (ii) and (iii) B) (i), (iii) and (iv)
C) (i), (ii) and (iv) D) (i), (ii), (iii) and (iv)
 
Answer & Explanation Answer: C) (i), (ii) and (iv)

Explanation:

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ‘mined’, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol –the rules that make bitcoin work –say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

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Filed Under: Indian Economy

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Q:

Which of the following countries launched the World's most powerful GEO Spy Satellite - the 'Gaofen 4'?

A) Russia B) India
C) USA D) China
 
Answer & Explanation Answer: D) China

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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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.

 

A dime a dozen

 

A) A very expensive proposition B) Something which appears cheap but which will prove expensive in the long run
C) Something which appears attractive but has zero value   D) Very common and of no particular value
 
Answer & Explanation Answer: D) Very common and of no particular value

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

A month before he was scheduled to be hanged from the ________________ , the president granted him clemency.

 

A) gallows B) balcony
C) stands D) frame
 
Answer & Explanation Answer: A) gallows

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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.

 

Irony. __________________word captures our response to the ongoing nationwide drought in more ways than one. We have woken _________ the reality of drought a full six months after the end of monsoon. After waking up, we focus ____________ the drinking water __________ in urban centres and not the multidimensional crisis of life and livelihood in _______________ hinterland.

 

multidimensional crisis of life and livelihood in _______________ hinterland

 

A) rustic B) village
C) rural D) urban
 
Answer & Explanation Answer: C) rural

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

Then, he left for Silicon Valley to ___________ his dream of launching a start­up.

 

A) persevere B) eschew
C) pursue D) cherish
 
Answer & Explanation Answer: C) pursue

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

"Malgudi Days" was written by _____.

A) Vijay Krishna Acharya B) Rajat Arora
C) Mrinal Jha D) RK Narayan
 
Answer & Explanation Answer: D) RK Narayan

Explanation:
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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

India has how many states?

A) 26 B) 27
C) 29 D) 28
 
Answer & Explanation Answer: C) 29

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

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