Questions

Q:

Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?

A) (i), (ii) and (iii) B) (i), (iii) and (iv)
C) (i), (ii) and (iv) D) (i), (ii), (iii) and (iv)
 
Answer & Explanation Answer: C) (i), (ii) and (iv)

Explanation:

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ‘mined’, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol –the rules that make bitcoin work –say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

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Filed Under: Indian Economy

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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.

The modes of action are _____ in science and religion. Science relies on experiment, whereas religion is based on experience. Any religious _____ whether it is Christ’s or Ramakrishna’s is personal and _____ . Science, on the other hand is marked by objectivity. Theory has to be corroborated by _____ proof providing material comforts. The frontiers of science do not end in knowledge but are _____ to the formation of appliances for actual use.

whereas religion is based on experience. Any religious _____ whether

A) experience B) thought
C) festival D) activity
 
Answer & Explanation Answer: A) experience

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

Your services are dispensed for.

A) from B) with
C) off D) no improvement
 
Answer & Explanation Answer: C) off

Explanation:

‘dispensed’ should be followed by ‘off’. Dispensed off means given away, therefore the sentence means that his services are no longer needed.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

 

S1 : He no longer dreamed of storms, nor of women, nor of great occurrences, nor of great fish, nor fights, nor contests of strength, nor of his wife.

S6 : He urinated outside the shack and then went up the road to wake the boy.

P : He never dreamed about the boy.

Q : He only dreamed of places and of the lions on the beach now.

R : He simply woke, looked out through the open door at the moon and unrolled his trousers and put them on.

S : They played like young cats in the dusk and he loved them as he loved the boy.

The correct sequence should be

A) R Q P S B) S R Q P
C) Q R P S D) P R S Q
 
Answer & Explanation Answer: C) Q R P S

Explanation:

QSPR is the correct order in which sentences should be arranged.When arranged in the correct sequence, they read as “He no longer dreamed of storms, nor of women, nor of great occurrences, nor of great fish, nor fights, nor contests of strength, nor of his wife. He simply woke, looked out through the open door at the moon and unrolled his trousers and put them on. He only dreamed of places now and of the lions on the beach. They played like young cats in the dusk and he loved them as he loved the boy. He never dreamed about the boy.He urinated outside the shack and then went up the road to wake the boy.”

 

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following pairs of military training institute of India and location is not correctly matched?

 

A) Army War College:Mhow   B) High Altitude Warfare School:Gulmarg
C) Army Air Defence College:Pune D) RashtriyaIndian Military College:Dehradun
 
Answer & Explanation Answer: C) Army Air Defence College:Pune

Explanation:

The Army Air Defence College, (abbreviated as AADC), is the training academy for the Army Air Defence Corps of Indian Army. The college is located in the Gopalpur Military Station in Gopalpur, Odisha.

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which city is located on the banks of the river Mula-Mutha?

A) Surat B) Ahmedabad
C) Nagpur D) Pune
 
Answer & Explanation Answer: D) Pune

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The mountain situated in the north-west India is: ______________________.

A) Aravali B) Vindhyachal
C) Hindukush D) Satpura
 
Answer & Explanation Answer: A) Aravali

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following phrases (i), (ii), and (iii) given below each sentence should replace the phrase printed in bold letters to make the sentence grammatically correct? Choose the best option among the five given alternatives that reflect the correct use of phrase in the context of the grammatically correct sentence. If the sentence is correct as it is, mark (E) i.e., "No correction required" as the answer.
Insurance is a contract, represented for a policy, in which an individual or entity receives financial protection.
i. Represented in a policy
ii. Represented by a policy
iii. Represented with a policy

A) A. Only i B) B. Only ii
C) C. Only iii D) D. i and ii
 
Answer & Explanation Answer: B) B. Only ii

Explanation:

Ans. B.
The correct preposition here would be 'by'. By follows 'represented' when something takes the place of and refers to something bigger. With follows 'represented' when an attribute with which something or someone is depicted. A contract is not represented in a policy but stated in a policy.

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Filed Under: English
Exam Prep: CAT , GRE , TOEFL

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