Questions

Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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

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Q:

Accumulation of which one of the following in the leads to cramp?

A) Lactic acid B) Ethanol
C) Pyruvic acid D) Glucose
 
Answer & Explanation Answer: A) Lactic acid

Explanation:

Muscle cramping is a common problem encountered by athletes and non athletes alike. Defined as painful involuntary skeletal muscle contractions, cramps may be categorized as either non exercise related or exercise related. Traditionally, such cramping was believed to arise from dehydration, electrolyte imbalances (including magnesium, potassium and sodium),accumulation of lactic acid, or low cellular energy levels.

 

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

A high jumper runs for a while before taking a high jump so that the inertia of __ helps him take the long jump.

A) rest B) shape
C) motion D) direction
 
Answer & Explanation Answer: C) motion

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

A compressed spring possesses more energy than a spring of normal length because the compressed spring has

A) chemical energy B) potential energy
C) heat energy D) kinetic energy
 
Answer & Explanation Answer: B) potential energy

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

A serial port can

A) only transfer information from a hard drive B) only transfer information to a hard drive
C) transfer information both to and from a hard drive D) neither transfer information from nor to a hard drive
 
Answer & Explanation Answer: C) transfer information both to and from a hard drive

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Filed Under: Computer
Exam Prep: Bank Exams

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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 best way to deal with a tailgater is to

A) Speed up to increase the distance between you and the tailgater B) Change lanes or gradually slow down to encourage them to pass
C) Slam on your brakes to get the other driver to back off D) Ignore them
 
Answer & Explanation Answer: B) Change lanes or gradually slow down to encourage them to pass

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Filed Under: General Awareness
Exam Prep: Bank Exams

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