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Q:

Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

A) loss of 24% B) gain of 28%
C) loss of 28% D) gain of 20%
 
Answer & Explanation Answer: B) gain of 28%

Explanation:

Money invested by Rajan before 1 year was = Rs. 100000

Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds

 

Now, after 1 year invested amount was appreciated by 20%

=> 20% of 1333.33 = 266.66

 

Total investment becomes = 1333.33 + 266.66 = 1600 Pounds

This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000

 

Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year

 

Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

Q:

What is the name of India's first female Prime Minister Smt. Indira Gandhi samadhi place?

A) Ekta Sthal B) Shakti Sthal
C) Shantivan D) Veer Bhumi
 
Answer & Explanation Answer: B) Shakti Sthal

Explanation:

Smt. Indira Gandhi samadhi place is called as Shakti Sthal meaning Place of Power..

 

Ekta Sthal - Giani Zail Singh, The President of India.

Shantivan - Jawaharlal Nehru, The Prime Minister of India.

Veer Bhumi - Rajiv Gandhi, The Prime Minister of India.

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

Q:

Which state introduces a new Open Online Learning Programme 'KOOL'?

A) Kerala B) Telangana
C) Uttar Pradesh D) Tamil Nadu
 
Answer & Explanation Answer: A) Kerala

Explanation:

The Kerala Infrastructure and Technology for Education (KITE) is the platform that can be used to train teachers, students and the general public. KOOL is a major step by the State of Kerala to become Indias first complete digital state in Education.

 

KOOL has been designed in a MOOC (Massive Open Online Course model), which is becoming popular worldwide.

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

Q:

Ministry of AYUSH celebrated first Naturopathy Day throughout India on?

A) 20 Nov B) 19 Nov
C) 18 Nov D) 17 Nov
 
Answer & Explanation Answer: C) 18 Nov

Explanation:

Ministry of AYUSH celebrated first Naturopathy Day on 18th November 2018 with the aim of promoting the drug-less system of medicine to prevent diseases by altering the diet and lifestyle.

Ministry of AYUSH, Government of India was established in the year 2014.

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

Q:

Which state will be hosting 'International Tourism Mart' for the first time this year?

A) Tripura B) Gujarat
C) Karnataka D) Telangana
 
Answer & Explanation Answer: A) Tripura

Explanation:

The 7th International Tourism Mart to be held in Tripura, the northeastern state in India for the first time for 3 days from Nov 22nd to Nov 24th.

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

Q:

Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?

A) 33.33% B) 22.22%
C) 11.11% D) 1%
 
Answer & Explanation Answer: B) 22.22%

Explanation:

Let the cost price of 1 article = Rs. 1

From the given data,

Then, the selling price of 1 article = 22/18 = 11/9

Then, Profit = SP - CP = 11/9 - 1 = 2/9

Required, profit % = Profit/CP x 100

= [(2/9)/1] x 100

= 200/9

= 22.222%.

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Irresistible craving for alcoholic drinks

A) Pyromania B) Kleptomania
C) Dipsomania D) Megalomania
 
Answer & Explanation Answer: C) Dipsomania

Explanation:

Dipsomania is one word substitute for Irresistible craving for alcoholic drinks.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

A posted speed limit of 55 mph means

Answer

A posted speed limit of 55 mph means that we can drive at a speed of 55 miles per hour(mph) under good conditions in that area. We cannot that speed limit in that area.

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Subject: General Awareness Exam Prep: AIEEE , Bank Exams
Job Role: Analyst