Exams


Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
In finance, a __________ is an instrument of indebtedness of the issuer to the holders. The ___________ is a debt security, under which the issuer owes the holders a debt and is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date. Interest is usually payable at fixed intervals (semi- annual, annual, sometimes monthly). Very often it is negotiable, that is, the ownership of the instrument can be transferred in the secondary market. This means that once the transfer agents at the bank medallion stamp the same, it is highly liquid on the secondary market. Thus, a __________ is a form of loan or IOU.

A) Brand B) Stock
C) Bond D) Barter
 
Answer & Explanation Answer: C) Bond

Explanation:

‘Brand’ refers to a particular identity or image regarded as an asset. ‘Stock’ refers to the capital raised by a company or corporation through the issue and subscription of shares. ‘Bond’ is an interest-bearing security issued by governments, companies and some other organisations. ‘Barter’ refers to exchange (goods or services) for other goods or services without using money. ‘Bankruptcy’ means the state of being bankrupt. The given blanks can either use ‘bond’ or ‘stock’ as both are similar in meaning. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (that is, they are owners), whereas bondholders have a creditor stake in the company (that is, they are lenders). Being a creditor, bondholders have priority over stockholders. Thus, ‘bond’ is the best fit word for the given blanks as it is clearly stated that it is a form of loan. This makes option 3 the correct answer.

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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

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Q:

Which answer figure will complete the pattern?

A) 1 B) 2
C) 3 D) None
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: Pattern Completion
Exam Prep: Bank Exams

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Q:

Which country did India lose to in the semi finals of the Men's Cricket World Cup 2015?

A) Sri Lanka B) New Zealand
C) Pakistan D) Australia
 
Answer & Explanation Answer: D) Australia

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word:
ECCENTRICITY

A) NIECE B) CREATE
C) TRINITY D) RETICENT
 
Answer & Explanation Answer: B) CREATE

Explanation:
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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

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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'.
The after morning (1)/ she woke to the first ray of (2)/ light through the window. (3)/No Error (4)

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Goods whose demand is proportional to price are called

A) inferior goods B) Veblen goods
C) normal goods D) exclusive goods
 
Answer & Explanation Answer: B) Veblen goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.
Cell, Tissue, Organ, ?

A) Respiratory system B) Organ system
C) Digestive system D) Nervous system
 
Answer & Explanation Answer: B) Organ system

Explanation:
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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

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Q:

Which  of  the  following  are  the  powers  of the Supreme Court of India?

1.Original    jurisdiction    in    a    dispute between  the  Government  of  India  and one or more States.

2.The  power  to  hear  appeals  from  the High Courts

3.Passing  decrees  and  orders  for  doing justice in any matter before it

4.Render advice to the President of India in matters of law

Select  the  correct  answer  using  the  code given below.

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

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

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