Questions

Q:

Which  of  the  following  statements  about Bitcoin is/are correct?

1.It is a decentralized virtual currency.

2.It    is    generated    through    complex computer software systems.

3.The  Reserve  Bank  of  India  recognized it as a legal tender in January 2016.

Select  the  correct  answer  using  the  code given below.

A) 1 only B) 1 and 2 only
C) 2 and 3 only D) 1, 2 and 3
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

Bitcoin is the world's first cryptocurrency,    a    form    of electronic   cash.It   is   the    first decentralized digital  currency:  the system   was   designed   to   work without   acentral   bankor   single administrator.Bitcoins    are    sent from  user  to  user  on  the peer-to-peer bitcoin network directly, without the need for intermediaries.  These  transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoin was invented by an unknown person or group of people   using   the   name Satoshi Nakamoto. Bitcoins are not recognised  as  a  legal  tender  by Reserve Bank of India. 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 15980
Q:

Cotton for textile was first cultivated in...........

A) Egypt B) India
C) Central America D) Mesopotamia
 
Answer & Explanation Answer: A) Egypt

Explanation:
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Filed Under: Indian History

73 15969
Q:

Oval stadium in England is associated with

A) polo B) Cricket
C) Hockey D) Football
 
Answer & Explanation Answer: B) Cricket

Explanation:
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Filed Under: Sports

61 15956
Q:

' Misch metal ' is widely used in manufacture of which of the following

A) Material of car brake B) Smoke detectors
C) Cigarette lighters D) Emergency lights
 
Answer & Explanation Answer: C) Cigarette lighters

Explanation:
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Filed Under: Chemistry

49 15956
Q:

Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?

 

A) It is a marketable security. B) It experiences price changes throughout the day.
C) It typically has lower daily liquidity and higher fees than mutual fund shares. D) An ETF does not have its net asset value calculated once at the end of every day.
 
Answer & Explanation Answer: C) It typically has lower daily liquidity and higher fees than mutual fund shares.

Explanation:

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

•Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

•ETFs experience price changes throughout the day as they are bought and sold.

•ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 15955
Q:

Ema is an example of 

A) Active volcano B) Dormant Volcano
C) Extinct volcano D) Plateau in a volcano region
 
Answer & Explanation Answer: A) Active volcano

Explanation:
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Filed Under: World Geography

32 15955
Q:

In which language was the ' Shrimad Bhagavad Gita ' originally written

A) Sanskrit B) Apabhramsa
C) Prakrit D) Pali
 
Answer & Explanation Answer: A) Sanskrit

Explanation:
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Filed Under: Indian History

29 15921
Q:

Select the synonym of

dire

A) calm B) mild
C) critical D) trivial
 
Answer & Explanation Answer: C) critical

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 15903