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
Exam Prep: TOEFL , GRE , CAT

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Q:

If EARTHQUAKE is coded as EKAUQHTRAE then ELECTORATE will be coded as ?

A) ETAROELECT B) EARTOTCELE
C) ETAROTCELE D) ETAROCTELE
 
Answer & Explanation Answer: D) ETAROCTELE

Explanation:
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Q:

The first Indian to win Booker Prize is

A) Jhumpa Lahiri B) Arundhati Roy
C) Siddhartha Mukherjee D) Gobind Beharilal
 
Answer & Explanation Answer: B) Arundhati Roy

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who among the following was defeated by Chile to won the Copa America Football Championship, 2016?

A) Colombia B) Argentina
C) Ecuador D) Peru
 
Answer & Explanation Answer: B) Argentina

Explanation:

The Copa América Centenario Final was an association football match that took place on 26 June 2016 at the Met Life Stadium in East Rutherford, New Jersey, United States to determine the winner of the Copa América Centenario.The match was contested by Argentina and Chile, making it a rematch of the 2015 final. Chile ultimately won on penalty kicks 4–2 after a 0–0 draw.

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Who is the first Indian woman Olympic medal Winner?

A) Saina Nehwal B) Sania Mirza
C) Dipa Karmakar D) Karnam Malleswari
 
Answer & Explanation Answer: D) Karnam Malleswari

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Who wrote the book "Walking with Lions"?

A) K Natwar Singh B) Kapil Dev
C) Kiran Bedi D) Sarojini Naidu
 
Answer & Explanation Answer: A) K Natwar Singh

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Humayun (1530–1540 AD) was the ruler of which dynasty?

A) Nanda B) Mughal
C) Maurya D) Haryanka
 
Answer & Explanation Answer: B) Mughal

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

During which Five Year Planning was NABARD established?

A) 5th B) 6th
C) 3rd D) 9th
 
Answer & Explanation Answer: B) 6th

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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