Questions

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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Filed Under: Indian Economy
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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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Filed Under: English
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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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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
A speech or a presentation made without previous preparation.

A) Euphemism B) Obituary
C) Extempore D) Soliloquy
 
Answer & Explanation Answer: C) Extempore

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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Q:

The 7.6% growth rate registered by Indian economy during the year 2015-16 is based on 

A) Gross   National   Product   at   market prices B) Gross Value Added at constant prices
C) Gross   Domestic   Product   at   market prices D) Gross  Domestic  Product  at  constant prices
 
Answer & Explanation Answer: D) Gross  Domestic  Product  at  constant prices

Explanation:

The Central Statistics Office (CSO), Ministry of Statistics and Programme   Implementation,   has released  the  provisional  estimates of national income for the financial year 2015-16 and quarterly estimates    of    Gross    Domestic Product    (GDP)    for    the    fourth quarter  (January-March)  of  2015-16,   both   at   constant   (2011-12) and current prices.

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Filed Under: Indian Politics
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Q:

Where was Asia Pacific Economic Cooperation (APEC) 2017 summit held?

A) Singapore B) Vietnam
C) Australia D) Japan
 
Answer & Explanation Answer: B) Vietnam

Explanation:

APEC 2017 summit was held in the city ‘Da Nang, Vietnam’ under the theme of ‘Creating New Dynamism, Fostering a Shared Future’. APEC is the forum of 21 pacific region countries, headquartered at Singapore, which promotes free trade in the Asia-pacific region.

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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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