Questions

Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following organisms are considered to be both Living and Non-living?

A) Bacteria B) Fungi
C) Algae D) Virus
 
Answer & Explanation Answer: D) Virus

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Passive/Active voice.
The theatre was keeping a seat for you.

A) A seat was being kept for you by the theatre. B) Keeping of a seat for you has been done by the theatre.
C) The theatre has kept a seat for you. D) A seat would be kept for you by the theatre.
 
Answer & Explanation Answer: A) A seat was being kept for you by the theatre.

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Filed Under: English

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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:

Calculate the work done by the force of gravity when a satellite moves in an orbit of radius 40,000 km around the earth.

A) 8,000 J B) 4,00,000 J
C) 0 J D) 4,000 J
 
Answer & Explanation Answer: C) 0 J

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Who launched Pradhan Mantri Vaya Vandana Yojana (PMVVY) in July 2017?

A) Rajnath Singh B) Arun Jaitley
C) Suresh Prabhu D) Nirmala Sitharaman
 
Answer & Explanation Answer: B) Arun Jaitley

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo B) Manohar Parrikar
C) Churchill Alemao D) Dayanand Narvekar
 
Answer & Explanation Answer: B) Manohar Parrikar

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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