Questions

Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
In finance, a __________ is an instrument of indebtedness of the issuer to the holders. The ___________ is a debt security, under which the issuer owes the holders a debt and is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date. Interest is usually payable at fixed intervals (semi- annual, annual, sometimes monthly). Very often it is negotiable, that is, the ownership of the instrument can be transferred in the secondary market. This means that once the transfer agents at the bank medallion stamp the same, it is highly liquid on the secondary market. Thus, a __________ is a form of loan or IOU.

A) Brand B) Stock
C) Bond D) Barter
 
Answer & Explanation Answer: C) Bond

Explanation:

‘Brand’ refers to a particular identity or image regarded as an asset. ‘Stock’ refers to the capital raised by a company or corporation through the issue and subscription of shares. ‘Bond’ is an interest-bearing security issued by governments, companies and some other organisations. ‘Barter’ refers to exchange (goods or services) for other goods or services without using money. ‘Bankruptcy’ means the state of being bankrupt. The given blanks can either use ‘bond’ or ‘stock’ as both are similar in meaning. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (that is, they are owners), whereas bondholders have a creditor stake in the company (that is, they are lenders). Being a creditor, bondholders have priority over stockholders. Thus, ‘bond’ is the best fit word for the given blanks as it is clearly stated that it is a form of loan. This makes option 3 the correct answer.

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Filed Under: English
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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:
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Filed Under: Indian Economy
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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.

 

I had seen this road many years ago when my parents moved to Mundakotukurussi, our ancestral village. However, in those early years, I hadn't begun exploring the countryside. I stored the unknown road in my head under 'One Day I Will'. Ten years ago, when I recovered from a herniated disc, it was to discover that I had a useless left leg. Though I managed to lose the limp, I hated not being able to stride around as I used to. I needed a challenge to tell myself that I wasn't going to buckle to a creature called sciatica. Thus the 'One Day I Will' arrived. "Where does the road by the medical shop lead to?" I asked my parents while visiting them next. "Chalavara," they said. "It's not an easy road to walk on," my father added. "There are too many ups and downs." Chalavara was a superior grade of a village as compared to Mundakotukurussi, with a high school, a fine library, ATMs and several shops. But it also has two approach roads. The one I had chosen was a narrow back road used by the locals and that settled it for me. I needed to know for myself I could walk a road that wasn't going to be easy. And the next day, I would get up and walk that road again.

 

What makes Chalavara better than Mundakotukurussi?

 

A) It has a high school, a fine library, ATMs and several shops B) It is the place where the writer's ancestors were born
C) It is the place where the writer went to school D) It is the place where the writer would walk when he was young
 
Answer & Explanation Answer: A) It has a high school, a fine library, ATMs and several shops

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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.

 

In its _______________ phase, the big telco monopolies tried to levy a "tax" on all Internet content __________________. The Internet companies were then the new kids on the _________________. They and the Internet user community fought back such attempts. This was the first net neutrality war, and it ______________ the principle of ________________ on the Internet between different types of content or sites.

 

the principle of ________________ on the Internet between different types of content or sites.

 

A) suffarage B) quota
C) non­-alignment D) non­-discrimination
 
Answer & Explanation Answer: D) non­-discrimination

Explanation:
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Filed Under: English
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Digress

 

A) Stray B) Stay
C) Deviate D) Drift
 
Answer & Explanation Answer: B) Stay

Explanation:
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Filed Under: English
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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. If a sentence is free from error, select 'No Error'.

 

The car (1)/ usually stands (2)/ besides the tree. (3)/ No error (4)

 

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

Explanation:
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Q:

Malachite is an ore/mineral of

A) Lead B) Manganese
C) Mercury D) Copper
 
Answer & Explanation Answer: D) Copper

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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