Questions

Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

Explanation:
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Q:

Thumba in Kerala is famous because ___.

A) it has several tea gardens B) it has backwaters and lagoons
C) it is a rocket launching station D) it has an ayurvedic centre
 
Answer & Explanation Answer: C) it is a rocket launching station

Explanation:
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Filed Under: Indian Geography
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Q:

What temperature does bacteria grow quickest at

A) 40°F and 140°F B) 14°C and 90°C
C) 80°F and 140°F D) None
 
Answer & Explanation Answer: A) 40°F and 140°F

Explanation:

Most bacteria will grow rapidly between 4°C and 60°C (40°F and 140°F).

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Filed Under: Biology
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

Sheela reassured me,"I can come tonight."

A) Sheela told me I could come that night. B) Sheela told me she could come that night.
C) Sheela told me she could come tomorrow evening. D) Sheela told me she could will come that night.
 
Answer & Explanation Answer: B) Sheela told me she could come that night.

Explanation:
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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.

 

Photography is the _____________ we can get to stopping time. The camera is our pause button, the cork we use to stop time from running out. And the photo album is the most potent time machine ever ____________, one that transports you to a curated past where everything exists ________ you choose to remember it,one that lets you revisit ________ just people and places and ages, but the hidden crannies of ________ own memory and the strange landscape of emotions that lies beyond.

 

but the hidden crannies of ________ own memory and

A) your B) you
C) yourself D) yourselves
 
Answer & Explanation Answer: C) yourself

Explanation:
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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.


Restorative justice is _______________ from mediation though it involves meetings and dialogues to fix responsibility for wrongdoing and to find a solution acceptable to ______________ three parties. More importantly, it directly addresses victim needs and ________________ emphasises the private dimensions of a public wrong. It is not a substitute _______________ the formal criminal justice system, but a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.


a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.

A) total B) aggregate
C) whole D) entirety
 
Answer & Explanation Answer: C) whole

Explanation:
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