Questions

Q:

A large underground economy results in an

A) Understated GDP price index B) Understated GDP
C) Overstated GDP D) Overstated GDP price index
 
Answer & Explanation Answer: C) Overstated GDP

Explanation:

A large underground economy results in an Overstated GDP. The underground economy is also called as Black market. It refers to illegal economic activity. Transactions in the underground economy are illegal either because the good or service being traded is illegal or because an otherwise licit transaction does not comply with government reporting requirements.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Improve the bracketed part of the sentence.
It was so hot during the concert that some spectators passed (out).

A) away B) by
C) over D) no improvement
 
Answer & Explanation Answer: D) no improvement

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

Neither of the scout leaders know (A)/ how to trap wild animals (B)/ or how to prepare them for mounting (C)/ No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

An example of a latent viral infection is

A) Influenza B) Mumps
C) Cold sores D) Smallpox
 
Answer & Explanation Answer: C) Cold sores

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk

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Q:

Choose the option that best captures the essence of the text.
Issue of money, in the form of banknotes and current accounts subject to cheque or payment at the customer's order. These claims on banks can act as money because they are negotiable and/or repayable on demand, and hence valued at par and effectively transferable by mere delivery in the case of banknotes, or by drawing a cheque that the payee may bank or cash. Banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect, present, be presented with, and pay payment instruments. This enables banks to economize on reserves held for settlement of payments, since inward and outward payments offset each other. It also enables ____________.

A) The offsetting of payment flows between geographical areas, increasing the cost of settlement between them. B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.
C) The offsetting of payment flows only in urban areas, reducing the cost of settlement between them. D) The offsetting of payment flows only in rural areas, increasing the cost of settlement between them.
 
Answer & Explanation Answer: B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.

Explanation:

The passage is based on economic development of the bank. It says that the economic growth of the bank in terms of the money is based on the cost of settlement. If this cost is reduced amongst the countries then the flow of payment will be maintained or vice versa. It is nowhere mentioned in the passage about rural or urban areas so we will take a general context. Hence option B is the correct option.

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

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Q:

Amur, one of the longest rivers in the world is in 

A) Africa B) South America
C) Asia D) Europe
 
Answer & Explanation Answer: C) Asia

Explanation:

The river flows through south eastern parts of former USSR close to the china border and drains into sea of Okhotsk. It is 4510 Km long

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Filed Under: World Geography

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Q:

When setting up a Google AdWords Account, why should you choose your currency and time zone carefully?

Answer

These can not be edited once the account is set up.

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Q:

Which state police has launched e-learning portal 'Nipun' for training its personnel?

A) Delhi B) Uttar Pradesh
C) Telangana D) Maharashtra
 
Answer & Explanation Answer: A) Delhi

Explanation:

Delhi state police has launched e-learning portal 'Nipun' for training all its police officers to give up to date information through specialized courses designed by experts.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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