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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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.

Systematic study of election trends.

A) Archaeology B) Psephology
C) Entomology D) Eschatology
 
Answer & Explanation Answer: B) Psephology

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The predominant stage of the life cycle of a moss is the gametophyte which consists of two stages. The second stage is the ___________ stage.

A) Agar B) Leafy
C) Chlorella D) protonema
 
Answer & Explanation Answer: B) Leafy

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Improve the bracketed part of the sentence.
If you talk to her nicely, she will probably (allow you) her notes.

A) allow that you have B) let you have
C) let you to have D) No improvement
 
Answer & Explanation Answer: B) let you have

Explanation:
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Q:

A body is initially moving with a velocity of 5 m/s. It undergoes an acceleration of 2 m/s2 for 4 seconds. Find the displacement (in m) of this body in these 4seconds.

A) 4 B) 72
C) 36 D) 8
 
Answer & Explanation Answer: C) 36

Explanation:
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Filed Under: Physics

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Q:

Pradhan Mantri Surakshit Matritwa Abhiyan provides facility of free health check-up and required treatment on _____ day of every month.

A) 1st B) 9th
C) 15th D) 30th
 
Answer & Explanation Answer: B) 9th

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

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Q:

______ Disk Encryption is a technology (hardware or software) where data is encrypted before storage.

A) Half B) Whole
C) Double D) Triple
 
Answer & Explanation Answer: B) Whole

Explanation:
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Filed Under: Computer
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Q:

Which of the following is not an example of a Word Processor?

A) IBM Lotus Symphony B) Microsoft Word
C) Google Docs D) Microsoft Excel
 
Answer & Explanation Answer: D) Microsoft Excel

Explanation:
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