Questions

Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Non-metal oxides are usually

A) acidic B) amphoteric
C) neutral D) basic
 
Answer & Explanation Answer: A) acidic

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Where can you find the Kunchikal waterfalls?

A) Kerala B) Karnataka
C) Andhra Pradesh D) Telangana
 
Answer & Explanation Answer: B) Karnataka

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Filed Under: Indian Geography
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 professor recently describes 1500 tests (1)/ in which blind people passed with greater (2)/ ease than those who could see! (3)/ No error (4)

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

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Filed Under: English
Exam Prep: Bank Exams

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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:

What is the name of the acid in an ant's sting?

A) Acetic acid B) Citric acid
C) Formic acid D) Lactic acid
 
Answer & Explanation Answer: C) Formic acid

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

On 5 March 2017, who launched an artificial intelligence – driven chatbot named ‘EVA (Electronic Virtual Assistant)’ for customer services? 

 

A) ICICI Bank B) State Bank of India
C) HDFC Bank D) Bank of Baroda
 
Answer & Explanation Answer: C) HDFC Bank

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Total asset turnover is used to evaluate

A) The efficiency of management's use of assets to generate sales B) The need for asset replacement
C) The cash flows used to acquire assets D) The relation between asset cost and book value
 
Answer & Explanation Answer: A) The efficiency of management's use of assets to generate sales

Explanation:

Total asset turnover is the ratio which measures the value of a company's sales or revenues relative to the value of its assets. It is used to evaluate The efficiency of management's use of assets to generate sales.

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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