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.
In finance, a __________ is an instrument of indebtedness of the issuer to the holders. The ___________ is a debt security, under which the issuer owes the holders a debt and is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date. Interest is usually payable at fixed intervals (semi- annual, annual, sometimes monthly). Very often it is negotiable, that is, the ownership of the instrument can be transferred in the secondary market. This means that once the transfer agents at the bank medallion stamp the same, it is highly liquid on the secondary market. Thus, a __________ is a form of loan or IOU.

A) Brand B) Stock
C) Bond D) Barter
 
Answer & Explanation Answer: C) Bond

Explanation:

‘Brand’ refers to a particular identity or image regarded as an asset. ‘Stock’ refers to the capital raised by a company or corporation through the issue and subscription of shares. ‘Bond’ is an interest-bearing security issued by governments, companies and some other organisations. ‘Barter’ refers to exchange (goods or services) for other goods or services without using money. ‘Bankruptcy’ means the state of being bankrupt. The given blanks can either use ‘bond’ or ‘stock’ as both are similar in meaning. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (that is, they are owners), whereas bondholders have a creditor stake in the company (that is, they are lenders). Being a creditor, bondholders have priority over stockholders. Thus, ‘bond’ is the best fit word for the given blanks as it is clearly stated that it is a form of loan. This makes option 3 the correct answer.

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Filed Under: English
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Q:

In the question given below, three paragraphs are given, which are jumbled. Find the correct sequence of these paragraphs so that they form a meaningful passage.
A. The power of compounding works the way it does because you are reinvesting the interest that you earn back into the instrument, besides giving it time to grow. Let’s simplify it further. Say in the first year you invest ₹100 and you get 10% annual return of ₹10. Next year, along with ₹110 (the first year principal amount and the interest amount), you will put another ₹100. The ₹10 you earned as interest gets reinvested, helping you grow your money faster.

B. To get a perspective, let’s turn to some numbers. Say you started investing ₹3,000 a month when you were 25, and go on till you are 60. At an average annual rate of 7% returns, your corpus will grow to ₹53.24 lakh. If you decide to start investing at the age of 35 years, even if you put aside double the amount— ₹6,000 per month — till the age of 60, the value of your corpus will be only ₹48.72 lakh. The example shows that you would need half the amount to get more in returns if you start investing early.
C. Adulting can’t wait when it comes to savings and investing. Why you may ask? If you delay your investments, how will you see the magic of compounding? When it comes to investing, you need to start early. In fact, you should start saving and investing as soon as you start earning. Compounding allows you to build a bigger corpus with a smaller amount.

A) BAC B) CAB
C) BCA D) ABC
 
Answer & Explanation Answer:

Explanation:

The correct sequence is CBA.

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Filed Under: English
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Q:

Which of the following is not true about a Demand Draft?

A) It is a negotiable instrument. B) It is a banker's cheque.
C) It may be dishonoured for lack of funds. D) It is issued by a bank.
 
Answer & Explanation Answer: C) It may be dishonoured for lack of funds.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which is the CORRECT pair of inherited chromosomes for the child to be a girl?

A) X from father and Y from mother B) Y from father and X from mother
C) Y from father and Y from mother D) X from father and X from mother
 
Answer & Explanation Answer: D) X from father and X from mother

Explanation:
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Filed Under: Biology
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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'.

Hardly had I reached the (1)/ exhibition where I learnt (2)/ about the major robbery. (3)/ No Error (4)

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

Explanation:
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Filed Under: English
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) The memoranda B) are
C) on the table D) No error
 
Answer & Explanation Answer: D) No error

Explanation:

The given sentence is grammatically correct and there is no error. ‘Memoranda’ is a plural noun, so it is correctly followed by are. Memorandum is the singular form.

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Filed Under: English
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Q:

An increase in expected future income will

A) Decrease aggregate demand and aggregate supply B) Increase aggregate demand and aggregate supply
C) Increase aggregate demand D) Increase aggregate supply
 
Answer & Explanation Answer: C) Increase aggregate demand

Explanation:
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Filed Under: Indian Economy
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Q:

Which vaccine company has developed Typbar Typhoid Conjugate vaccine that has received pre – qualification from the World Health Organisation (WHO)for global use ?

A) Panacea Biotech B) Bharat Biotech
C) Biocon D) Bharat Serums and Vaccines
 
Answer & Explanation Answer: B) Bharat Biotech

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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