Questions

Q:

Four statements are given below at A, B, C and D. There may be some errors in the given statement(s). The incorrect statement is your answer.

A) Dark web transactions were initially carried out using legally state-issued currencies. B) The initial dark web transactions were carried out by legal state-issues currencies.
C) The legal state-issued currencies were used to initially carry in the transactions between the dark webs. D) Legal state-issued currencies were initially used to carrying out dark web transactions.
 
Answer & Explanation Answer:

Explanation:

Ans. E.
Option A: ‘legally state-issued currencies’ is incorrect. The word describes the state-issued currencies; hence it should be an adjective and not an adverb. Option B: ‘state-issues’ is incorrect and should be replaced by ‘state-issued’. Option C: ‘carry-in’ is grammatically incorrect. Option D: ‘to carrying out’ is grammatically incorrect.

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Filed Under: English
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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

Ram was singing a beautiful song for his mother.

A) A beautiful song was being sung by Ram for his mother. B) A beautiful song was sang by Ram for his mother.
C) A beautiful song was sung by Ram for his mother. D) A beautiful song was sung for his mother by Ram.
 
Answer & Explanation Answer: A) A beautiful song was being sung by Ram for his mother.

Explanation:
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Filed Under: English
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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.

The system which is observed to do progress

A) Violation B) Impairing
C) Preservation D) Reformism
 
Answer & Explanation Answer: D) Reformism

Explanation:
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Q:

If the rupee depreciates, how the exporters are affected?

A) They are unaffected B) They are in loss
C) They are in profit D) They get credit crunch
 
Answer & Explanation Answer: C) They are in profit

Explanation:
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Filed Under: Indian Economy
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Q:

Fixed Foreign Exchange Rate can be changed by

A) RBI B) SEBI
C) Ministry of Finance D) FIPB
 
Answer & Explanation Answer: A) RBI

Explanation:
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Q:

Buyer’s market denotes the place where ___________.

A) the demand exceed the supply B) the supply exceed the demand
C) commodities are available at competitive rates D) the demand and supply are well balanced
 
Answer & Explanation Answer: A) the demand exceed the supply

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Filed Under: Indian Economy
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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.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

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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.
In a jiffy

A) Fail to win appreciation B) In an appropriate manner
C) Something that is done very quickly D) To fall in love
 
Answer & Explanation Answer: C) Something that is done very quickly

Explanation:
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