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:

Mahila Police volunteer scheme to be implemented in all states of the country has been launched on pilot basis firstly in which state?

A) Delhi B) Gujrat
C) Haryana D) Rajasthan
 
Answer & Explanation Answer: C) Haryana

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

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Q:

What is the unit of the physical quantity, Illuminance?

A) siemens B) tesla
C) lux D) weber
 
Answer & Explanation Answer: C) lux

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

Why did your mother write such a book?

A) Why was such a book written by your mother? B) Why is such a book written by your mother?
C) Why your mother wrote such a book? D) Why was such a book wrote by your mother?
 
Answer & Explanation Answer: A) Why was such a book written by your mother?

Explanation:
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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Laison B) Liaison
C) Lieison D) Liaisone
 
Answer & Explanation Answer: B) Liaison

Explanation:
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Q:

Select the synonym of
rip

A) cease B) terminate
C) gash D) sew
 
Answer & Explanation Answer: C) gash

Explanation:
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Q:

The Maximum City: Bombay Lost and Found was written by _____________.

A) Vikram Seth B) Suketu Mehta
C) Upamanyu Chatterjee D) Arundhati Roy
 
Answer & Explanation Answer: B) Suketu Mehta

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Q:

Who has recently launched his autobiography titled 'An Unsuitable Boy'?

A) Rishi Kapoor B) MS Dhoni
C) Karan Johar D) Vikram Seth
 
Answer & Explanation Answer: C) Karan Johar

Explanation:
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