Questions

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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Q:

Who has recently been appointed as the Chief of New Development Bank of BRICS country, has also served as the chairman of Infosys Ltd, and was non-Executive chairman of ICICI Bank in the past?

A) K.V. Kamath B) Nandan Nilekani
C) Azim Premji D) Chanda Kochhar
 
Answer & Explanation Answer: A) K.V. Kamath

Explanation:
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Q:

What does UFO stand for?

A) Under Fire Object B) Unidentified Flying Object
C) Unapproved Foreign Object D) Unidentified Free Object
 
Answer & Explanation Answer: B) Unidentified Flying Object

Explanation:
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Q:

The Reserve Bank of India (RBI) proposed a four-tier regulatory framework for which type of financial institutions?

A) Foreign Banks B) Small Finance Banks
C) NBFCs D) Payments Banks
 
Answer & Explanation Answer: C) NBFCs

Explanation:
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Q:

Study the Bar diagram carefully and answer the questions. The Bar diagram shows the trends of foreign direct investment (FDI) into India from all over the World (in Rs. crores).

The year which exhibited the 2nd highest growth percentage in FDI in India over the period shown is

A) 1993 B) 1994
C) 1997 D) 1996
 
Answer & Explanation Answer: D) 1996

Explanation:
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Q:

What is the name of the spacecraft launched in 2019-20 by ISRO to study the sun?

A) Surya B) Aditya
C) Ravi D) Bhaskar
 
Answer & Explanation Answer: B) Aditya

Explanation:
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Q:

In which year did Ole Romer measure the speed of light for the first time in the history?

A) 1776 B) 1676
C) 1876 D) 1867
 
Answer & Explanation Answer: B) 1676

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Indian corporates are _______________ influenced by the American style of management, including ______________ practices. The recent episodes in a couple of big and reputed corporates in India are prompting many to re-think the kind of compensation strategy that would be __________ for Indian corporates. Should it be more socialistic, as prevalent in Scandinavian, some European and Japanese companies? _______________ there be some law to govern the salary differentials? __________should different functions such as Finance be remunerated substantially higher for equivalent educational degree holders and similar efforts by individuals in other functions?

 

Japanese companies? _______________ there be some

 

 

A) Shall B) Will
C) Should D) What
 
Answer & Explanation Answer: C) Should

Explanation:
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