Questions

Q:

What can a location extension do?

Answer

Assist nearby customers in finding or calling your nearest location.

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Q:

Regulatory policies protect consumers by

A) controlling the supply of money B) providing public assistance programs
C) overseeing and limiting businesses D) deciding how to tax and spend money
 
Answer & Explanation Answer: C) overseeing and limiting businesses

Explanation:
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

Reporters and city officials gathered at a Chicago railroad station one afternoon in 1953. The person they were meeting was the 1952 Nobel Peace Prize winner. A few minutes after the train came to a stop, a giant of a man - six feet four inches - with bushy hair and a large moustache stepped out from the train. Cameras flashed. City officials approached him with hands outstretched. Various people began telling him how honoured they were to meet him.

The man politely thanked them and then, looking over their heads, asked if he could be excused for a moment. He quickly walked through the crowd until he reached the side of an elderly black woman who was struggling with two large suitcases. He picked up the bags with a smile, escorted the woman to a bus. After helping her aboard, he wished her a safe journey. As he returned to the greeting party he apologized, "Sorry to have kept you waiting." Not many whites would have done what he did.

The man was Dr. Albert Schweitzer, the famous missionary doctor who had spent his life helping the poor in Africa. In response to Dr. Schweitzer's action, one member of the reception committee said with great admiration to the reporter standing next to him, "That's the first time I ever saw a sermon walking."


Dr. Albert was _____ person.

A) a generous and friendly B) a proud
C) a timid D) a kind and helpful
 
Answer & Explanation Answer: D) a kind and helpful

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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 little bird told me

 

A) Have a strong network of spies from where you get reliable information from which you can profit. B) Used to indicate that the speaker knows something but chooses to keep the identity of their informant secret.
C) A secret which is known by everybody. D) A person unknowingly letting out a secret.
 
Answer & Explanation Answer: B) Used to indicate that the speaker knows something but chooses to keep the identity of their informant secret.

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) indisposition B) indesposition
C) indispossition   D) indespossition
 
Answer & Explanation Answer: A) indisposition

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Q:

A passage is given with five questions following it. Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The saddest part of life lies not in the act of dying, but in failing to truly live while we are alive. Too many of us play small with our lives, never letting the fullness of our humanity see the light of day. I’ve learned that what really counts in life, in the end, is not how many toys we have collected or how much money we’ve accumulated, but how many of our talents we have liberated and used for a purpose that adds value to this world. What truly matters most are the lives we have touched and the legacy that we have left. Tolstoy put it so well when he wrote: “We live for ourselves only when we live for others.” It took me forty years to discover this simple point of wisdom.

 

Forty long years to discover that success cannot really be pursued. Success ensues and flows into your life as the unintended yet inevitable byproduct of a life spent enriching the lives of other people. When you shift your daily focus from a compulsion to survive towards a lifelong commitment to serve, your existence cannot help but explode into success. I still can’t believe that I had to wait until the “half-time” of my life to figure out that true fulfillment as a human being comes not from achieving those grand gestures that put us on the front pages of the newspapers and business magazines, but instead from those basic and incremental acts of decency that each one of us has the privilege to practice each and every day if we simply make the choice to do so.

 

Mother Teresa, a great leader of human hearts if ever there was one, said it best: “There are no great acts, only small acts done with great love.” I learned this the hard way in my life. Until recently, I had been so busy striving, I had missed out on living. I was so busy chasing life’s big pleasures that I had missed out on the little ones, those micro joys that weave themselves in and out of our lives on a daily basis but often go unnoticed. My days were overscheduled, my mind was overworked and my spirit was underfed.

 

According to the passage, what did Mother Teresa learned the hard way in her life?

 

A) That there are no great acts, only small acts are done with great love. B) That she had been so busy striving that she had missed out on living.
C) That her days were over scheduled and her mind was over worked. D) That she was so busy chasing life’s big pleasures that she had missed out on the little one’s.
 
Answer & Explanation Answer: A) That there are no great acts, only small acts are done with great love.

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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.

 

Be in the air

 

A) Harmful gaseous effluents from a factory. B) To fly like a bird or a plane.
C) When an emotion or idea is on everyone's mind. D) To be likely to happen.
 
Answer & Explanation Answer: C) When an emotion or idea is on everyone's mind.

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Q:

Capital budgeting is primarily concerned with

A) planning future financing needs B) minimizing the cost of capital
C) capital formation in the economy D) evaluating investment alternatives
 
Answer & Explanation Answer: D) evaluating investment alternatives

Explanation:

Capital budgeting is the process by which a company or an industry determines whether projects such as investing in R&D, opening a new branch, replacing a machine are worth pursuing. A project is worth pursuing if it increases the value of the company. Capital budgeting also known as investment appraisal. 

 

It is primarily concerned with evaluating investment alternatives.

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