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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Q:

Use of an attractive masquerade or mask is associated with which of the following dance style?

A) Kathakali B) Kuchipudi
C) Odissi D) Manipuri
 
Answer & Explanation Answer: A) Kathakali

Explanation:
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Filed Under: Indian Culture
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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Q:

The predominant stage of the life cycle of a moss is the gametophyte which consists of two stages. The second stage is the ___________ stage.

A) Agar B) Leafy
C) Chlorella D) protonema
 
Answer & Explanation Answer: B) Leafy

Explanation:
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Filed Under: Biology
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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.

Systematic study of election trends.

A) Archaeology B) Psephology
C) Entomology D) Eschatology
 
Answer & Explanation Answer: B) Psephology

Explanation:
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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.

 

To be deprived of a close relation or friend through their death.

A) to divest B) to bereave
C) to oust D) to dispossess
 
Answer & Explanation Answer: B) to bereave

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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.
Rise like a phoenix

A) Something memorable B) Time to answer for one's action
C) To become successful again D) To make people happy
 
Answer & Explanation Answer: C) To become successful again

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Q:

Determine the value of ? 1-121-131-14.........1-1n-?

A) 2n B) 1n2
C) 1n D) 2n2
 
Answer & Explanation Answer: C) 1n

Explanation:
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