Questions

Q:

The elements known as primary nutrients for plants

A) Nitrogen, Phosphorus and Potassium B) Nitrogen, Oxygen and Silicon
C) Potassium, Boron and Nitrogen D) Nitrogen, Phosphorus and Iron
 
Answer & Explanation Answer: A) Nitrogen, Phosphorus and Potassium

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Q:

Which of the following country is a part of the South Asian Free Trade Area (SAFTA)?

A) China B) Japan
C) Mayanmar D) Sri Lanka
 
Answer & Explanation Answer: D) Sri Lanka

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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: Banks, which garner the lion’s share of retail debt allocations, pegged down their term deposit interest rates with alacrity by 200-250 basis points between 2014 and 2016 as market rates fell.
Q: Indian savers have made a decisive shift from real to financial assets in recent years prompted by policy nudges and sluggish gold and property markets.
R: But they have been tardy in passing on the rate increases of the past year.
S: But while umpteen new equity-linked options have sprung up on their menu – MFs, NPS, market-linked insurance plans – there’s a notable dearth of debt options.

A) SRQP B) SPQR
C) QSPR D) QRSP
 
Answer & Explanation Answer: C) QSPR

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Q:

In December 2017, SEBI raised the investment limit for FPIs in central government securities to over ______ from January 2018.

A) Rs 1.91 lakh crore B) Rs 3.91 lakh crore
C) Rs 5.91 lakh crore D) Rs 0.91 lakh crore
 
Answer & Explanation Answer: A) Rs 1.91 lakh crore

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Q:

Who among the following has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank of International Settlement (BIS)’?

A) Arvind Subramanian B) Amartya Sen
C) Raghuram Rajan D) Urjit Patel
 
Answer & Explanation Answer: D) Urjit Patel

Explanation:

The Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank ofInternational Settlement (BIS)’. The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.Note:The ‘Financial Stability Institute Advisory Board’ of BIS assists financial sector authorities worldwide in strengthening their financial systems.

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Q:

CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?

A) Clearing B) Culminative
C) Collateralized D) Credit
 
Answer & Explanation Answer: C) Collateralized

Explanation:

CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

great minds think alike

A) it is said when two people have the same opinion B) it is said when clever people think rationally
C) since there is only one truth , the great philosophers have reached on similar conclusions D) scientists and philosophers easily become friends
 
Answer & Explanation Answer: A) it is said when two people have the same opinion

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Modern man is imprisoned by his time-table and his routine. His life is all care and _____. He does not have _____ for anything but his duties and occupation for _____ money. Men, in all _____ may have been prone to this disease and; indeed, we in India may not have been _____ by it to the extent that people in western countries have been.

but his duties and occupation for _____ money.

A) making B) minting
C) collecting D) spending
 
Answer & Explanation Answer: A) making

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