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Q:

When referring to student loans what is a grace period?

A) 6 months B) 12 months
C) 18 months D) 24 months
 
Answer & Explanation Answer: A) 6 months

Explanation:

6 months after graduating or quitting school when you have to start paying back the loans.

 

A grace period is one term that’s provided for student loans that allow you to delay payments up to a certain length of time, without penalty. During a grace period no late charges would apply, and the loan would not risk falling into default for missed payments. The grace period allows you time to find financial stability prior to having to make payments on your student loans.

 

Many students use student loans to help pay for their college expenses, including tuition, books, room and board, and other living expenses. Students are expected to repay these loans when they graduate.

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

Q:

Which of the following is a legal requirement for PFDs?

A) PFDs must be properly sized for the intended wearer. B) Must be in good, serviceable condition.
C) Sizing for PFDs is based on body weight and chest size. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

PFD's : Personal Flotation Devices (life jackets).

 

It is a legal requirement for a PFD to

1. Must be in good, serviceable condition 

2. PFDs must be properly sized for the intended wearer.

3. Sizing for PFDs is based on body weight and chest size.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

Q:

The process of encoding refers to

A) getting information into memory. B) the recall of information previously learned.
C) a clear memory of an emotionally significant event. D) the persistence of learning over time.
 
Answer & Explanation Answer: A) getting information into memory.

Explanation:

Encoding refers to the getting information into memory.

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Q:

The Budget proposals also seek to provide relief to salaried tax payers by allowing a standard deduction of what amount in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses?

A) Rs. 20,000 B) Rs. 40,000
C) Rs. 50,000 D) Rs. 80,000
 
Answer & Explanation Answer: B) Rs. 40,000

Explanation:

The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.

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

Q:

Which city is hosting 2020 summer Olymic games?

A) Athens B) Tokyo
C) Pyeongchang D) Beijing
 
Answer & Explanation Answer: B) Tokyo

Explanation:

2020 summer Olymic games to be held in Tokyo, Japan.

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

Q:

How can investors receive compounding returns?

A) By investing their earnings back into their original investment B) By diversifying their investment portfolio
C) By selecting a savings account that has a higher interest rate D) By transferring their earnings back into high-risk investment
 
Answer & Explanation Answer: A) By investing their earnings back into their original investment

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

Q:

Which of the following can be a symptom of AIDS?

A) Hair loss B) Severe weight gain
C) Tiredness D) All the above
 
Answer & Explanation Answer: C) Tiredness

Explanation:

From the aboe given options, only extreme and unexplained tiredness is the symptom of AIDS.

 

The other symptoms of AIDS include: recurring fever, thrush — a thick, whitish coating of the tongue or mouth that's caused by a yeast infection and sometimes accompanied by a sore throat, diarrhea that lasts more than a week, headaches, lightheadedness, and/or dizziness.

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

Q:

According to new federal data released, the US state whose economy has surpassed that of the UK to become the world’s fifth largest was

A) Massachusetts B) Florida
C) Hawaii D) California
 
Answer & Explanation Answer: D) California

Explanation:

The US state California's  economy has surpassed that of the UK to become the world’s fifth largest, according to new federal data released.

 

With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany.

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