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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:   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.

Subject: English
Exam Prep: CAT , GRE , TOEFL
Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".


You (will being surprised) to learn that some leading philosophers have supported immoral views.

 

A) will be surprised B)  will be surprise
C) will be surprising D) no improvement
 
Answer & Explanation Answer: A) will be surprised

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Exam Prep: Bank Exams

14 1525
Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.


A person or thing that is a perfect example of a particular quality or type

 

A) Epitome B) Abase
C) Libertine D) Profligate
 
Answer & Explanation Answer: A) Epitome

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Exam Prep: Bank Exams

10 1535
Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) constituet B)  iliterrate
C)  conctituet D) constitute
 
Answer & Explanation Answer: A) constituet

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Filed Under: English
Exam Prep: Bank Exams

5 1430
Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

 

The smoke rises and


A-chokes my apartment


B-gets trapped in the


C-tree-tops and

 

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

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Exam Prep: Bank Exams

7 1260
Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

I (had been) a unique case of slow learning.

 

 

A) will be surprised B) will be surprise
C) will be surprising D)  no improvement
 
Answer & Explanation Answer: A) will be surprised

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Filed Under: English
Exam Prep: Bank Exams

4 1273
Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Relating to or involved in crime

 

 

A) Chaste B) Impeccant
C) Licit D) Felonious
 
Answer & Explanation Answer: D) Felonious

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Filed Under: English
Exam Prep: Bank Exams

4 1357
Q:

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


Under the weather

 

A) Become a bit unpredictable like the weather. B) Slightly unwell or in low spirits.
C)  Feel optimistic simply because the weather is good. D)  Feel depressed because you expect bad weather.
 
Answer & Explanation Answer: B) Slightly unwell or in low spirits.

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Filed Under: English
Exam Prep: Bank Exams

4 1135
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.

 

People are now either exposed to the very best of their inner circle and the world, ________ to the worst — articles that look to shock, to provoke rage and put a lens on everything that is wrong _________ the world. Imperceptibly, it goes unsaid that often __________ pieces of ‘news’ fail to actually provide a constructive solution. The effect of such a disparity _________ to the same effect as news of TV and newspapers — a feeling that what we see does not ____________ our lives.

 


we see does not ____________ our lives.

 

A) reflects B) reflective
C)  reflection D)  reflect
 
Answer & Explanation Answer: D)  reflect

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Exam Prep: Bank Exams

13 949