Questions

Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Q:

In October 2017, the biggest ever highway project was launched in India. It aims to develop approximately how many kilometers of roads by year 2022?

 

A) 65000 B) 83000
C) 1,00,000 D) 50000
 
Answer & Explanation Answer: B) 83000

Explanation:
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. Ifa sentence is free from error, select 'No Error'.

My elder son deals with (1)/ spare parts and manages (2)/ his bread and butter. (3)/ No Error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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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.


P- The starting point can be the experience of a minority within society generally or even the experience of a group of people within a progressive social movement
which does not live up to its progressive agenda in every respect.
Q- Within (or after) postmodernism a grand unifying theory no longer seems possible. This does not exclude the possibility or the necessity of dialogue.
R- The starting points of social criticism can be very different and the different forms of socialism never has a monopoly on Social Criticism.
S- Nevertheless most social critics still consider the Critique of capitalism to be central.

A) PRQS B) RPQS
C) RQPS D)  PSRQ
 
Answer & Explanation Answer: B) RPQS

Explanation:
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Of the many problems that confront the leaders of the world B) none are of grave consequence than the problem of saving
C) the normal human race from extinction. D) No error
 
Answer & Explanation Answer: B) none are of grave consequence than the problem of saving

Explanation:

Error is in second part. Replace ‘grave’ with ‘graver’. Since problems are being compared in the given sentence we will use the comparative form of ‘grave’ that is ‘graver’.

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

Explanation:
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Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

Explanation:
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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

I heard it on the grapevine that the vacancies are going to be increased this year for many posts.

A) To hear some official news about something B) To inform people about something
C) To acquire information by unofficial communication D)  To be sure of something
 
Answer & Explanation Answer: C) To acquire information by unofficial communication

Explanation:

The idiom “to hear it on the grapevine” means to hear about something from informal communication or to hear a gossip. The above sentence talks about the rumour that is spread about the number of vacancies for various posts. Hence, option 3 is correct.

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