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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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Levity

 

A) Gravity B) Funniness
C)  Beloved D) Baleful
 
Answer & Explanation Answer: B) Funniness

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four andindicate it by selecting the appropriate option.


We can never compare the importance ______ the money with the importance of love.

 

A) for   B) with  
C) of   D) about
 
Answer & Explanation Answer: C) of  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the action of dry HCl gas on dry litmus paper?

A) Blue litmus paper turns white B) Blue or red litmus paper does not change its colour
C) Blue litmus paper turns red D) Red litmus paper turns blue
 
Answer & Explanation Answer: B) Blue or red litmus paper does not change its colour

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Atomic numbers of four elements are as follows : F(9), P(15), Cl(17), Ar(18). Which of the following two elements would be chemically similar?

A) F and Ar B) Cl and P
C) F and P D) F and Cl
 
Answer & Explanation Answer: D) F and Cl

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

Explanation:
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Filed Under: Indian Economy

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Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram B) Nagaland
C) Meghalaya D) Arunachal Pradesh
 
Answer & Explanation Answer: A) Mizoram

Explanation:

                     Scheduled Tribes 

State with highest proportion of Scheduled Tribes               Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes                 Goa (0.04 %)

UT with highest proportion of Scheduled Tribes                   Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes                     A & N Islands (8.3 %)

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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