Questions

Q:

What is insider trading and why is it illegal?

Answer

Undergraduates may get this question as feelers of their business knowledge. Insider trading describes the illegal activity of buying or selling stock based on information that is not public information. This is to prevent those with privileged information (company execs, I-bankers and lawyers) from using this information to make a tremendous amount of money unfairly.

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Subject: Finance

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Q:

The number of members nominated by the president to the Rajya Sabha is Constitutionally limited to

A) 12 B) 15
C) 10 D) 20
 
Answer & Explanation Answer: A) 12

Explanation:

The Council of States (Rajya Sabha) is composed of not more than 250 members, of whom 12 are nominated by the President. The twelve members are chosen by him from among persons having special knowledge or practical experience in literature, science, art, and social service. The Constitution thus adopts the principle of nomination, for according distinguished Indians a place in the Upper Chamber (Rajya Sabha) of Parliament.

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Filed Under: Indian Politics

5 3896
Q:

Vehicle skids are most likely to be caused by

A) Air pressure in tires too high B) Driving too fast on slipping road
C) Too much ice or snow on the road D) Air pressure in tires too low
 
Answer & Explanation Answer: B) Driving too fast on slipping road

Explanation:

Vehicle_skids_are_most_likely_to_be_caused_by1543401076.jpg image

Vehicle skids are most likely to be caused by Driving too fast on slipping road.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank PO

0 3895
Q:

Which of the following sports is relatively safe?

A) Free diving B) Sky diving
C) Cave diving D) None of the above
 
Answer & Explanation Answer: B) Sky diving

Explanation:

From the above given options, sky diving is safe compared to other two games which needs with hold of breath under water and in the caves.

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 3894
Q:

Who is the first woman in space ?

A) Sunitha Williams B) Valentina Tereshkova
C) Masida namisha D) Tamara Press
 
Answer & Explanation Answer: B) Valentina Tereshkova

Explanation:

Valentina Tereshkova is the first woman to have flown into space

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Filed Under: World History

1 3893
Q:

Which of the following is associated with the recent discovery of tungsten by the Geological Survey of India?

A) Agucha in Rajasthan B) Thar Desert in Rajasthan
C) Tuensang in Nagaland D) Sirohi in Rajasthan
 
Answer & Explanation Answer: D) Sirohi in Rajasthan

Explanation:

A big bed of rock salt with the top portion of the bed containing potash (though not the variety used as ferilizer) has been discovered in Thar Desert at a depth of 100 metres. A massive belt of lead and zinc has been found in the Agucha area, while gold bearing rocks have been discovered in the Tuensang district of Nagaland.

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Filed Under: Indian Geography

8 3893
Q:

 The first-ever International MSME Day 2017 has celebrated on which day  ?

A) June 27 B) June 23
C) June 26 D) June 28
 
Answer & Explanation Answer: A) June 27

Explanation:

The International Trade Centre (ITC) has celebrated the first-ever International MSME Day on June 27, 2017 with theme ‘Small business – big impact’. The purpose of the day is to raise public awareness about the importance of MSMEs to economic growth and international development. The Micro, Small and Medium Enterprises (MSME) Day highlights the strong contribution of MSMEs worldwide to livelihoods, communities and economies and the need to support MSMEs towards their success. The ITC is the joint agency of the UN and the WTO supporting SMEs in developing countries and transition economies for sustainable and inclusive trade.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

9 3892
Q:

Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years?

I. The rate of interest is 5 p.c.p.a.

II. Simple interest fetched on the same amount in one year is Rs. 600.

III. The amount borrowed is 10 times the simple interest in 2 years.

A) I only B) III only
C) I or II only D) .II and Either I or III only
 
Answer & Explanation Answer: D) .II and Either I or III only

Explanation:

 

 

I. gives, Rate = 5% p.a.

 

II. gives, S.I. for 1 year = Rs. 600.

 

III. gives, sum = 10 x (S.I. for 2 years).

 

Now I, and II give the sum.

 

For this sum, C.I. and hence amount can be obtained.

 

Thus, III is redundant.

 

Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.

 

Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.

 

Thus, Rate =

 

100 x 1200

 

= 5% p.a.

 

2 x 12000

 

Thus, C.I. for 2 years and therefore, amount can be obtained.

 

Thus, I is redundant.

 

Hence, I or III redundant.

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