Questions

Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 644
Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 644
Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 644
Q:

Thumba in Kerala is famous because ___.

A) it has several tea gardens B) it has backwaters and lagoons
C) it is a rocket launching station D) it has an ayurvedic centre
 
Answer & Explanation Answer: C) it is a rocket launching station

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

2 644
Q:

What is the effective discount (in %) on two successive discounts of 20% and 10%?

A) 30 B) 32
C) 35 D) 28
 
Answer & Explanation Answer: D) 28

Explanation:
Report Error

View Answer Report Error Discuss

0 644
Q:

Which of the following films is India's official entry to Oscars 2018?

A) Newton B) A Death in the Gunj
C) Lipstick Under My Burkha D) Bahubali
 
Answer & Explanation Answer: A) Newton

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 643
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.

 

What does "victim-centric" mean in the criminal justice system? It means restoring the confidence of victims in the system and achieving the __________ of justice in whichever sense the idea is conceived. __________ this end, the system must confer certain rights on victims to enable them to _____________ in the proceedings, including the right to be impleaded and to engage an advocate in serious offences, the right to track the progress of ________________, the right to be heard on critical issues and to assist the court in the ___________ of truth.

 

the right to be heard on critical issues and to assist the court in the ___________ of truth.

A) pursuance B) perusal
C) pursuing D) pursuit
 
Answer & Explanation Answer: D) pursuit

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 643
Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 


1. In the early 1920's, settlers came to Alaska looking for gold.

P. Today, people use it to get from place to place.

Q. The trail they used to travel inland is known today as the Iditarod trail.

R. They travelled by boat, to Seward and Krik and from there by land into the gold fields.

S. The Iditarod trail quickly became a major thoroughfare in Alaska.

6. In the winters, the only means of travel down this trail is by dog sledge.

A) PSQR B) RQSP
C) PQRS D) QRSP
 
Answer & Explanation Answer: B) RQSP

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 643