Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985	B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995	D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971

Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: B) Production function

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. Ifa sentence is free from error, select 'No Error'.

My elder son deals with (1)/ spare parts and manages (2)/ his bread and butter. (3)/ No Error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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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.
A speech or a presentation made without previous preparation.

A) Euphemism	B) Obituary
C) Extempore	D) Soliloquy

Answer & Explanation Answer: C) Extempore

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Linking traditional American Native stories	B) to historic records of a Japanese tsunami
C) was considered an exception, not the start	D) of a fruitful geological collaboration.

Answer & Explanation Answer: A) Linking traditional American Native stories

Explanation:

In 1 part, use of 'Native' after ‘American’ is incorrect. Also ‘traditional’ should come before ‘stories’. Native is an adjective that is used here for American and not stories. So native will come before American. Traditional is used as an adjective for stories. This is a case of misplaced modifiers.Hence 1 is the correct choice.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The Dhola-Sadiya Bridge, dedicated to the nation by Prime Minister Narendra Modi, is built across which river?

A) Narmada River	B) Yamuna River
C) Lohit River	D) Ganges River

Answer & Explanation Answer: C) Lohit River

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In which month does the Earth's Perihelion position occur?

A) June	B) January
C) September	D) March

Answer & Explanation Answer: B) January

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

In a way that is clear or obvious to the eye or mind

A) Abstruse	B) Clandestine
C) Manifestly	D) Covertly

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