Questions

Q:

Choose the option that best captures the essence of the text.
Issue of money, in the form of banknotes and current accounts subject to cheque or payment at the customer's order. These claims on banks can act as money because they are negotiable and/or repayable on demand, and hence valued at par and effectively transferable by mere delivery in the case of banknotes, or by drawing a cheque that the payee may bank or cash. Banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect, present, be presented with, and pay payment instruments. This enables banks to economize on reserves held for settlement of payments, since inward and outward payments offset each other. It also enables ____________.

A) The offsetting of payment flows between geographical areas, increasing the cost of settlement between them. B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.
C) The offsetting of payment flows only in urban areas, reducing the cost of settlement between them. D) The offsetting of payment flows only in rural areas, increasing the cost of settlement between them.
 
Answer & Explanation Answer: B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.

Explanation:

The passage is based on economic development of the bank. It says that the economic growth of the bank in terms of the money is based on the cost of settlement. If this cost is reduced amongst the countries then the flow of payment will be maintained or vice versa. It is nowhere mentioned in the passage about rural or urban areas so we will take a general context. Hence option B is the correct option.

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Filed Under: English
Exam Prep: CAT , GRE , TOEFL

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Q:

Which type of permanent tissue helps the aquatic plants to float?

A) Aerenchyma B) Collenchyma
C) Sclerenchyma D) No option is correct
 
Answer & Explanation Answer: A) Aerenchyma

Explanation:
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Filed Under: Biology

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Q:

Chromite is an ore/mineral of

A) Zinc B) Uranium
C) Chromium D) Titanium
 
Answer & Explanation Answer: C) Chromium

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Triumph

A) Establish B) Sorrow
C) Disdain D) Elation
 
Answer & Explanation Answer: B) Sorrow

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Improve the bracketed part of the sentence.
If you talk to her nicely, she will probably (allow you) her notes.

A) allow that you have B) let you have
C) let you to have D) No improvement
 
Answer & Explanation Answer: B) let you have

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Pannalal Ghosh played which of the following musical instruments?

A) Flute B) Sitar
C) Violin D) Santoor
 
Answer & Explanation Answer: A) Flute

Explanation:
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Filed Under: Famous Personalities

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Q:

In each of the following questions, four words have been given out of which three are alike in some manner, while the fourth one is different. Choose the word which is different from the rest.

A) Documentary B) Puppet
C) Commentary D) Feature
 
Answer & Explanation Answer: C) Commentary

Explanation:

Commentary is the description of all other shows.

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Q:

Which of the following pairs is NOT correctly matched?

A) Jog - Karnataka B) Papanasham - Himachal Pradesh
C) Dhuandhar - Madhya Pradesh D) Hundru - Jharkhand
 
Answer & Explanation Answer: B) Papanasham - Himachal Pradesh

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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