Questions

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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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

become apparent through the appearance of symptoms.

A) manifest B) distinct
C) visible D) divulged
 
Answer & Explanation Answer: A) manifest

Explanation:
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Filed Under: English
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Q:

In a nucleosome, the DNA is wrapped around

A) ribosomes B) thymine dimer
C) histones D) polymerase
 
Answer & Explanation Answer: C) histones

Explanation:

in_a_nucleosome_the_dna_is_wrapped_around1559212136.png image

In a nucleosome, the DNA is wrapped around a protein called histones and area in between them.

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Filed Under: Biology
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
Belief or opinion contrary to what is generally accepted

A) Invocation B) Incognito
C) Heresy D) Mercenary
 
Answer & Explanation Answer: C) Heresy

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the word with the correct spelling.

A) reckliner B) midling
C) sledeging D) slimmest
 
Answer & Explanation Answer: D) slimmest

Explanation:
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Filed Under: English
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Q:

Select the word with the correct spelling.

A) magnisia B) shaters
C) mandarine D) horrible
 
Answer & Explanation Answer: D) horrible

Explanation:
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Filed Under: English
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Q:

BOND-I is given by which institution? 

A) IMF B) RBI
C) ADB D) World Bank
 
Answer & Explanation Answer: D) World Bank

Explanation:

The World Bank launched bond-I. 

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Filed Under: General Awareness
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Q:

Who has the highest individual score in ODIs?

A) Rohit Sharma B) Virender Sehwag
C) Martin Guptill D) Chris Gayle
 
Answer & Explanation Answer: A) Rohit Sharma

Explanation:

Rohit Sharma has the highest individual score in ODIs and with 264 runs against SriLanka.

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Filed Under: Sports
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