Q:

Which of the following minerals is not found in the plateau regions?

A) Coal	B) Iron ore
C) Mineral oil	D) Manganese

Answer & Explanation Answer: C) Mineral oil

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

As of 2018, who is the CEO and president of MasterCard?

A) Prabhjot Singh	B) Ajaypal Singh Banga
C) Waris Ahluwalia	D) Darsh Singh

Answer & Explanation Answer: B) Ajaypal Singh Banga

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50%	B) 8%
C) 10%	D) 15%

Answer & Explanation Answer: A) 12.50%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price	B) Commodities are bought and sold at retail price
C) Securities are bought and sold	D) None of these

Answer & Explanation Answer: C) Securities are bought and sold

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Filed Under: Indian Economy
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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Exam Prep: Bank Exams

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Q:

A ball is dropped from a height of 10 m. It strikes the ground and rebounds up to a height of 2. m. During the collision, the per cent loss in the kinetic energy is

A) 100%	B) 25%
C) 50%	D) 75%

Answer & Explanation Answer: D) 75%

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the presence of which of the following, does the President takes Oath?

A) Vice-President	B) Lok Sabha Speaker
C) Chief Justice of India	D) Attorney General

Answer & Explanation Answer: C) Chief Justice of India

Explanation:

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Filed Under: Indian Politics
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

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