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Q:

The Governor takes the oath of office by

A) Chief Justice of High Court B) Chief Justice of India
C) President of India D) Vice President of India
 
Answer & Explanation Answer: A) Chief Justice of High Court

Explanation:
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Filed Under: Indian Politics
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Q:

In the following question, a sentence is given with some bold words which may contain errors. Below the sentence, a table is given with two columns in which column 'A' contains the
list of bold words, and in column 'B' the suggested corrections are listed. You have to choose the best alternative among the four given options. If no correction is required against the given bold words, mark (E), i.e., "None of the above" as your answer.

On the occasion of his golden jubilee, the generous king Maharaja of Bikaner Ganga Singh, participated in the ancient Hindu TulaDaan ceremony whereby he sat on a large set of scales and was measured against gold bars, whose cash equivalent was then donated to the charitable Golden Jubilee Fund.

A) Both (1)-(5) and (4)-(8) B) (4)-(8)
C) (1)-(5) D) (3)-(7)
 
Answer & Explanation Answer: D) (3)-(7)

Explanation:

When a person sits on a scale, it is his weight against which the gold bars are measured. Also, we measure something with a scale, not against it.'Occasion' is a particular event or the time at which it takes place. 'Date' is the number of a day along with the month of the year specified by a number. Since no number is present, 'occasion' is correct. Wherein and whereby have the same meaning in the sentence and since none of the options mention the combination, it can be ignored. 'Equity' is the quality of being fair and impartial, which will not suit the sentence. Hence, the correct
answer is 4.

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Q:

Choose the option that best captures the essence of the text.
Issue of money, in the form of banknotes and current accounts subject to cheque or payment at the customer's order. These claims on banks can act as money because they are negotiable and/or repayable on demand, and hence valued at par and effectively transferable by mere delivery in the case of banknotes, or by drawing a cheque that the payee may bank or cash. Banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect, present, be presented with, and pay payment instruments. This enables banks to economize on reserves held for settlement of payments, since inward and outward payments offset each other. It also enables ____________.

A) The offsetting of payment flows between geographical areas, increasing the cost of settlement between them. B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.
C) The offsetting of payment flows only in urban areas, reducing the cost of settlement between them. D) The offsetting of payment flows only in rural areas, increasing the cost of settlement between them.
 
Answer & Explanation Answer: B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.

Explanation:

The passage is based on economic development of the bank. It says that the economic growth of the bank in terms of the money is based on the cost of settlement. If this cost is reduced amongst the countries then the flow of payment will be maintained or vice versa. It is nowhere mentioned in the passage about rural or urban areas so we will take a general context. Hence option B is the correct option.

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Q:

In the following question, a short passage with one of the lines in the passage missing and represented by a blank is given. Select the best out of the five answer choices given, to make the passage complete and coherent (coherent means logically complete and sound).
There is a fairly universal sentiment that the use of nuclear weapons is clearly contrary to mortality and that its production probably so, does not go far enough. These activities are not only opposed to mortality but also to the law. If the legal objection can be added to the moral, the argument against the use and manufacture of these weapons will considerably be reinforced. Now the time is ripe to evaluate the responsibility of scientists who knowingly use their expertise for the construction of such weapons, which has a deleterious effect on mankind.
How appropriate it is that all this valuable skill should be devoted to the manufacture of weapons of death in a world of poverty is a question that must touch the scientific conscience.

A) Almost 50% of the skilled scientific manpower in the world is now engaged in the armaments industry. B) To think that majority of the scientists are promoting the manufacturing of the armaments is hurtful.
C) Scientists should use their conscience before taking up these contracts to manufacture the weapons of mass destruction. D) Scientific manpower is used to the interests of some selfish and careless people who want to threaten the existence of homo-sapiens.
 
Answer & Explanation Answer: A) Almost 50% of the skilled scientific manpower in the world is now engaged in the armaments industry.

Explanation:

Choice 1 is correct as it matches with the flow of the passage. The whole paragraph is about the devastating effects that nuclear weapons have due to certain curtailments on part of the
scientists in the moral and the conscience aspect. It is only logical to mention an argument to support the next statement. It also keeps up with the tone and general
subject of the passage.
Option 2 is a bad choice as it talks about absolutely nothing and is too naïve. Therefore is incorrect as it is beyond the general theme.
Option 3 is incorrect as it obviously does not go with the flow of the Para.
As for option 4, it is incorrect as the statement is illogical.
As for 5, neither does it logically follow the previous sentence nor is it related to the anything in the next sentence.

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Q:

In the question given below, three paragraphs are given, which are jumbled. Find the correct sequence of these paragraphs so that they form a meaningful passage.
A. Climate change is warming the ocean, but it’s warming land faster and that’s really bad news for air quality all over the world, says a new University of California, Riverside study. The study, published February 4 in Nature Climate Change, shows that the contrast in warming between the continents and sea, called the land-sea warming contrast, drives an increased concentration of aerosols in the atmosphere that cause air pollution. Aerosols affect the climate system, including disturbances to the water cycle, as well as human health. They also cause smog and other kinds of air pollution that can lead to health problems for people, animals, and plants.
B. To determine this, the researchers ran simulations of climate change under two scenarios. The first assumed a business-as-usual warming model, in which warming proceeds at a constant, upward rate. The second model probed a scenario in which the land warmed less than expected. In the business-as-usual scenario, enhanced land warming increased continental aridity and, subsequently, the concentration of aerosols that leads to more air pollution.
C. A robust response to an increase in greenhouse gases is that the land is going to warm faster than the ocean. This enhanced land warming is also associated with increased continental
aridity. The increase in aridity leads to decreased low cloud cover and less rain, which is the main way that aerosols are removed from the atmosphere.

A) ACB B) BCA
C) BAC D) CAB
 
Answer & Explanation Answer: A) ACB

Explanation:

The correct sequence is ACB.

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Q:

In the question given below, three paragraphs are given, which are jumbled. Find the correct sequence of these paragraphs so that they form a meaningful passage.
A. The power of compounding works the way it does because you are reinvesting the interest that you earn back into the instrument, besides giving it time to grow. Let’s simplify it further. Say in the first year you invest ₹100 and you get 10% annual return of ₹10. Next year, along with ₹110 (the first year principal amount and the interest amount), you will put another ₹100. The ₹10 you earned as interest gets reinvested, helping you grow your money faster.

B. To get a perspective, let’s turn to some numbers. Say you started investing ₹3,000 a month when you were 25, and go on till you are 60. At an average annual rate of 7% returns, your corpus will grow to ₹53.24 lakh. If you decide to start investing at the age of 35 years, even if you put aside double the amount— ₹6,000 per month — till the age of 60, the value of your corpus will be only ₹48.72 lakh. The example shows that you would need half the amount to get more in returns if you start investing early.
C. Adulting can’t wait when it comes to savings and investing. Why you may ask? If you delay your investments, how will you see the magic of compounding? When it comes to investing, you need to start early. In fact, you should start saving and investing as soon as you start earning. Compounding allows you to build a bigger corpus with a smaller amount.

A) BAC B) CAB
C) BCA D) ABC
 
Answer & Explanation Answer:

Explanation:

The correct sequence is CBA.

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Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

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Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
In finance, a __________ is an instrument of indebtedness of the issuer to the holders. The ___________ is a debt security, under which the issuer owes the holders a debt and is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date. Interest is usually payable at fixed intervals (semi- annual, annual, sometimes monthly). Very often it is negotiable, that is, the ownership of the instrument can be transferred in the secondary market. This means that once the transfer agents at the bank medallion stamp the same, it is highly liquid on the secondary market. Thus, a __________ is a form of loan or IOU.

A) Brand B) Stock
C) Bond D) Barter
 
Answer & Explanation Answer: C) Bond

Explanation:

‘Brand’ refers to a particular identity or image regarded as an asset. ‘Stock’ refers to the capital raised by a company or corporation through the issue and subscription of shares. ‘Bond’ is an interest-bearing security issued by governments, companies and some other organisations. ‘Barter’ refers to exchange (goods or services) for other goods or services without using money. ‘Bankruptcy’ means the state of being bankrupt. The given blanks can either use ‘bond’ or ‘stock’ as both are similar in meaning. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (that is, they are owners), whereas bondholders have a creditor stake in the company (that is, they are lenders). Being a creditor, bondholders have priority over stockholders. Thus, ‘bond’ is the best fit word for the given blanks as it is clearly stated that it is a form of loan. This makes option 3 the correct answer.

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