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 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 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:

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 15952
Q:

Which of the following statements are CORRECT?

I. Esters are sweet smelling substance.
II Esters are used in making perfumes.
III. Functional group of ester is R-O-RꞋ.

 

A) Only I and II B) Only I and III
C) Only II and III D) All I, II and III
 
Answer & Explanation Answer: A) Only I and II

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

0 15947
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 15933
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 15917
Q:

The second longest east-flowing peninsular river is 

A) Godavari B) Krishna
C) Cauvery D) Mahanadi
 
Answer & Explanation Answer: A) Godavari

Explanation:

Godavari is the largest river system in the peninsula and second largest system in india next to Ganga System.

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Filed Under: Indian Geography

18 15899