Questions

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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Q:

On 5 March 2017, who launched an artificial intelligence – driven chatbot named ‘EVA (Electronic Virtual Assistant)’ for customer services? 

 

A) ICICI Bank B) State Bank of India
C) HDFC Bank D) Bank of Baroda
 
Answer & Explanation Answer: C) HDFC Bank

Explanation:
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Q:

What is the name of the acid in an ant's sting?

A) Acetic acid B) Citric acid
C) Formic acid D) Lactic acid
 
Answer & Explanation Answer: C) Formic acid

Explanation:
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Q:

The red planet is ___________.

A) Venus B) Saturn
C) Mars D) Neptune
 
Answer & Explanation Answer: C) Mars

Explanation:
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Q:

The energy which we get from food is measured in

A) Calories B) Kelvin
C) Fat D) Amperes
 
Answer & Explanation Answer: A) Calories

Explanation:
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Q:

As of February 2018, who is the Chief Minister of Telangana, who is also the Chief Minister of Telangana?

A) K Chandrasekhar Rao B) Kadiyam Srihari
C) T Rajaiah D) Chandrababu Naidu
 
Answer & Explanation Answer: A) K Chandrasekhar Rao

Explanation:
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Q:

The centre of the reflecting surface of a spherical mirror is a point called the ___.

A) pole B) focus
C) radius D) aperature
 
Answer & Explanation Answer: A) pole

Explanation:
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Q:

Total asset turnover is used to evaluate

A) The efficiency of management's use of assets to generate sales B) The need for asset replacement
C) The cash flows used to acquire assets D) The relation between asset cost and book value
 
Answer & Explanation Answer: A) The efficiency of management's use of assets to generate sales

Explanation:

Total asset turnover is the ratio which measures the value of a company's sales or revenues relative to the value of its assets. It is used to evaluate The efficiency of management's use of assets to generate sales.

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