Questions

Q:

Which one of the following statements is not correct?

A) Creation of National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget, 2015-16. B) NIIF is a fund for enhancing infrastructure facility in the country.
C) NIIF and NIF (National Investment Fund) are the names of the same organization. D) NIIF can have more than one alternative investment fund.
 
Answer & Explanation Answer: C) NIIF and NIF (National Investment Fund) are the names of the same organization.

Explanation:

The cabinet Committee on Economic Affairs (CCEA) on 27th January, 2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings without depleting the corpus.

National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.

This is different from the National Investment Fund.Its creation was announced in the Union Budget 2015-16. The operational framework was approved on 20 August 2015.NIIF got registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Oxygen crosses a plasma membrane by

A) Osmosis B) Evaporation
C) Concatenation D) Diffusion
 
Answer & Explanation Answer: A) Osmosis

Explanation:

Oxygen crosses a plasma membrane by Osmosis.

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Filed Under: Biology
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Q:

Who presented the Union Budget of India, the maximum number of times (10)?

A) T. T. Krishnamachari B) Morarji Desai
C) Jaswant Singh D) R.K Shanmukham Chetty
 
Answer & Explanation Answer: B) Morarji Desai

Explanation:
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Filed Under: Indian Politics
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Q:

Arrange the given words in the sequence in which they occur in the dictionary.

1. Ropped
2. Roster
3. Roasted
4. Road
5. Roller

A) 35412 B) 45312
C) 34512 D) 43512
 
Answer & Explanation Answer: D) 43512

Explanation:
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Q:

Which of the following Stock exchanges is called "Big Board"?

A) Nasdaq B) London Stock Exchange
C) New York Stock Exchange D) Mumbai Stock Exchange
 
Answer & Explanation Answer: C) New York Stock Exchange

Explanation:
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Filed Under: Business Awareness

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Q:

What is the value of a testing group? How do you justify your work and budget?

Answer

Testing is a process used for revealing defects in s/w and for establishing that the s/w has attained a specific degree of quality.


The s/w testing group’s main objective is to ensure that the s/w is doing what it is supposed to do as well as the s/w is not doing what it is not supposed to do. With this objective, it is clear that it is necessary to have a separate group for testing the s/w other than the group which developed it.


Also, bugs in the s/w can cause severe monetary as well as other loss to the organization. So it is important to allocate some budget for the testing group.

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Subject: Software Testing

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Q:

The ore which is found in abundance in India is

A) fluorspar B) magnetite
C) monazite D) bauxite
 
Answer & Explanation Answer: C) monazite

Explanation:

The ore which is found in abundance in India is monazite.

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Filed Under: Chemistry
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Q:

1 Mole of CO2 mass is

A) 32 gms B) 44 gms
C) 16 gms D) 12 gms
 
Answer & Explanation Answer: B) 44 gms

Explanation:

We know that,

Mass of Carbon = 12 gms

Mass of Oxygen = 16 gms = O2 => 16 * 2 = 32 gms

=> Mass of 1 mole of CO2 = 12 + 32 = 44 gms.

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Filed Under: Chemistry
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