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Q:

The bankruptcy of which company initiated the Panic of 1873?

A) Republic Steel Company B) Jay Cooke & Company
C) Standard Oil Company D) Century Building Society
 
Answer & Explanation Answer: B) Jay Cooke & Company

Explanation:

Jay Cooke & Company, a major component of the United States banking establishment, found itself unable to market several million dollars in Northern Pacific Railway bonds in september 1873. Cooke's firm, like many others, had invested heavily in the railroads.

 

Hence, the bankruptcy of Jay Cooke & company initiated the Panic of 1873.

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Filed Under: World History
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

When a number is increased by 24, it becomes 115% of itself. What is the number?

A) 160 B) 250
C) 100 D) 200
 
Answer & Explanation Answer: A) 160

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: We need to be more physically healthy and fit to win the current environmental challenges.
Q: It keeps us away from the diseases, infections and other lethal diseases by reducing extra kilos, improving the strength of muscle and bones, increasing immunity level, and maintaining the healthy functioning of our major body organs.
R: In the modern time, where pollution, global warming and other environmental issues have covered us, the importance of health and fitness has increased to a great extent.
S: It helps us to look better with lots of patience and confidence level.

A) PQRS B) QPRS
C) RPQS D) PRQS
 
Answer & Explanation Answer: C) RPQS

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) The global cooperation that has emerged lately is certainly welcome. B) The ocean has suffered decades of abuse and neglect.
C) It has been treated as a free-for-all garbage bin and race-to-the-bottom buffet. D) We have financed its destruction, with no regard for the consequences.
 
Answer & Explanation Answer: A) The global cooperation that has emerged lately is certainly welcome.

Explanation:

All statements except ‘A’ are based about the same theme which is The Fight for Ocean Health while sentence A talks about The Next Phase of Climate Action.

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Filed Under: English
Exam Prep: Bank Exams

0 2492
Q:

Which one of the following statements is not correct?

A) Creation of National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget, 2015-16. B) NIIF is a fund for enhancing infrastructure facility in the country.
C) NIIF and NIF (National Investment Fund) are the names of the same organization. D) NIIF can have more than one alternative investment fund.
 
Answer & Explanation Answer: C) NIIF and NIF (National Investment Fund) are the names of the same organization.

Explanation:

The cabinet Committee on Economic Affairs (CCEA) on 27th January, 2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings without depleting the corpus.

National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.

This is different from the National Investment Fund.Its creation was announced in the Union Budget 2015-16. The operational framework was approved on 20 August 2015.NIIF got registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 2491
Q:

In a certain code language, "VERBAL" is written as "KZAQDU". How is "CURIOUS" written in that code language?

A) RTHNQTB B) BTQHNTR
C) RTNHQTB D) RTNHQTA
 
Answer & Explanation Answer: C) RTNHQTB

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

Which of the following activities are examples of data gathering?

A) Counting the votes in an election to determine the next governor B) Making a pie chart showing the kinds of television sets owned by people in a sample of 1,000
C) Finding the mean weight of cancer patients in a study D) Using the results of a mathematical model to predict the next day's weather
 
Answer & Explanation Answer: A) Counting the votes in an election to determine the next governor

Explanation:

Option A) "Counting the votes in an election to determine the next governor"  is the only one where data gathering is done.

 

In all other options, data is already collected and now analyzing of data is going on.

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Filed Under: Verification of Truth of the statement
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

3 2491
Q:

X can complete 5/7 part of a work in 10 days and Y can complete 3/4 part of the same work in 9 days. In how many days will both complete 13/21 part  of the total work?

 

A)  6 B) 4
C) 3 D) 12
 
Answer & Explanation Answer: B) 4

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams

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