Questions

Q:

The ________ balance is the sum of the balance of merchandise trade, services and net transfers received from the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

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Filed Under: Indian Economy
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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

Which of the following nation is keen to fortify its interest on WTO platform?

 

A) USA B) Japan
C) Russia D) India
 
Answer & Explanation Answer: D) India

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Filed Under: English
Exam Prep: Bank Exams

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Q:

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

 

A remarkable concurrence of events or circumstances without apparent causal connection

 

A) Jangle B) Coincidence
C) Clamour D) Clinker
 
Answer & Explanation Answer: B) Coincidence

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Filed Under: English
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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Qustionnaire B) Qustionaire
C) Questionnaire D) Quetionnaire
 
Answer & Explanation Answer: C) Questionnaire

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Filed Under: English
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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.

 

Children now prefer

 

A-online gaming in the air-conditioned

B-rooms of their homes to

C-sweating it out on the playground

 

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

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Filed Under: English
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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.

 

_____________ nearly eight decades, the women's movement __________ and debated the desirability and feasibility of a Uniform Civil Code, and has ended up ___________ a simple question — what is the value of uniformity? Is it for the "integrity of the nation" that uniformity in laws is required, as some judicial pronouncements ___________? If so, who exactly is the beneficiary? Which sections of people benefit from "integrity of the nation", that abstract entity which is not exactly _______ the top of your mind as your husband throws you out on the street?

 

that abstract entity which is not exactly _______ the top of your mind

A) in B) for
C) at D) of
 
Answer & Explanation Answer: C) at

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Filed Under: English
Exam Prep: Bank Exams

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Q:

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

Turn a blind eye

A) Not able to see the obvious truth B) Hide the ugly truth from someone
C) Pretend not to notice D) Stay away from bad habits
 
Answer & Explanation Answer: C) Pretend not to notice

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Filed Under: English
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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

 

I always cook food in olive oil.

A) Olive oil is always used by me to cook food. B) Food is always cooked by me in olive oil.
C) Food is always cooked by myself in oil which is of olive. D) Cooking of the food is always done by me using olive oil.
 
Answer & Explanation Answer: B) Food is always cooked by me in olive oil.

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Filed Under: English
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