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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:

The best way to deal with a tailgater is to

A) Speed up to increase the distance between you and the tailgater B) Change lanes or gradually slow down to encourage them to pass
C) Slam on your brakes to get the other driver to back off D) Ignore them
 
Answer & Explanation Answer: B) Change lanes or gradually slow down to encourage them to pass

Explanation:
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Q:

The centre of the reflecting surface of a spherical mirror is a point called the ___.

A) pole B) focus
C) radius D) aperature
 
Answer & Explanation Answer: A) pole

Explanation:
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Q:

An echo is returned in 3 s. What is the distance of the reflecting surface from the source, considering the speed of sound as 342 ms-1?

 

A) 513 m B) 644 m
C) 342 m D) 171 m
 
Answer & Explanation Answer: A) 513 m

Explanation:
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If
a sentence is free from error, select 'No Error'.

 

Mark won all of (1)/ the award for the categories (2)/ in which he was nominated. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

My father (were standing) in the balcony, his face clenched in a storm of emotions.

 

A) was standing B)  was stand
C)  was stood D)  no improvement
 
Answer & Explanation Answer: A) was standing

Explanation:
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Q:

A compressed spring possesses more energy than a spring of normal length because the compressed spring has

A) chemical energy B) potential energy
C) heat energy D) kinetic energy
 
Answer & Explanation Answer: B) potential energy

Explanation:
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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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