Questions

Q:

In 2016, the State Bank of India launched a new product called 'SBI Exclusif'. What is the financial nature of this product?

A) Insurance B) Mutual Fund Offering
C) Wealth Management D) Recurring Deposit Scheme
 
Answer & Explanation Answer: C) Wealth Management

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

The 'Quit India' movement was launched by Mahatma Gandhi in the year

A) 1941 B) 1942
C) 1945 D) 1946
 
Answer & Explanation Answer: B) 1942

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Q:

'Freedom Trail' is a 2.5 mile long passage that offers a rich insight into the American Revolution. In which US city would you find this famous and historic trail?

A) Memphis B) Boston
C) Denver D) Connecticut
 
Answer & Explanation Answer: B) Boston

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in
Indirect/Direct Speech.


He replied, “I cannot do so.”

 

A)  He said he could not do so. B)  He replied that he could not do so.
C)  He replied that he cannot did so. D)  He replied that he could never do so.
 
Answer & Explanation Answer: B)  He replied that he could not do so.

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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.

 


A lot on your plate

 

A) A greedy person will collect more food than he can eat. B)  A hungry person will devour if presented with food.
C)  To have a large number of problems to deal with. D) To be an expert in multi-tasking.
 
Answer & Explanation Answer: C)  To have a large number of problems to deal with.

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