Questions

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.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

Report Error

View Answer Report Error Discuss

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

0 1416
Q:

What is the unit of the physical quantity Entropy?

A) watt per kelvin B) newton per kelvin
C) pascal per kelvin D) joule per kelvin
 
Answer & Explanation Answer: D) joule per kelvin

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

2 1416
Q:

How many members of upper house (Rajya Sabha) can be nominated by President of India?

A) 10 B) 11
C) 12 D) 15
 
Answer & Explanation Answer: C) 12

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1416
Q:

In computer science, data hazard occurs when

A) pipeline changes the order of read/write access to operands B) performance loss
C) machine size is limited D) some functional unit is not fully pipelined
 
Answer & Explanation Answer: A) pipeline changes the order of read/write access to operands

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Computer
Exam Prep: Bank Exams

1 1416
Q:

......... solution is used to treat bee sting.

A) Lemon juice B) Milk
C) Vinegar D) Baking soda
 
Answer & Explanation Answer: D) Baking soda

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams

0 1416
Q:

What was 'Kamagata Maru'?

A) An army unit B) A harbour
C) A ship D) An industrial township
 
Answer & Explanation Answer: C) A ship

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

1 1416
Q:

According to the 2016 Jane's Defence Budgets Report,India's position among the global defence spender is _____________.

A) Fourth B) Third
C) Ninth D) Fifth
 
Answer & Explanation Answer: A) Fourth

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1415
Q:

Who among the following was awarded with Dhronacharya Award 2016 in the field of 'Swimming (Lifetime)'?

A) Shri Raj Kumar Sharma B) Shri Sagar Mal Dhayal
C) Shri S. Pradeep Kumar D) Shri Nagapuri Ramesh
 
Answer & Explanation Answer: C) Shri S. Pradeep Kumar

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 1415