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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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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.

 

GX, HW, IV, ?, KT

 

A) JU B) KU
C) JV D) JS
 
Answer & Explanation Answer: A) JU

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

If cos -300° = x, then the value of x is

A) 1/2 B) -1/√2
C) -1/2 D) √3/2
 
Answer & Explanation Answer: A) 1/2

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: No cigars are cigarettes

Statement II: All tobacco are cigars

 

Conclusion I: Some cigarettes are tobacco

Conclusion II: No tobacco are cigarettes

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: B) Only conclusion II follows

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line MN, then which is the right image of the given figure?

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

Explanation:
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Filed Under: Image Analysis
Exam Prep: Bank Exams

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Q:

In the following question, which one set of letters when sequentially placed at the gaps in the given letter series shall complete it?

S_RTR_ST_T_S

 

A) TRSR B) RTSS
C) TSRR D) TSRS
 
Answer & Explanation Answer: C) TSRR

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

Find the value of p if 3x + p, x -­ 10 and ­x + 16 are in arithmetic progression.

A) 16 B) 36
C) -16 D) -36
 
Answer & Explanation Answer: D) -36

Explanation:
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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

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Q:

Which object converts electricity to light?

A) Solar panels B) Battery
C) Bulb D) All the above
 
Answer & Explanation Answer: C) Bulb

Explanation:

Bulb converts electricity to light whereas solar panel is the device which converts light to electricity.

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Filed Under: Physics
Exam Prep: Bank Exams

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