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
Exam Prep: CAT , GRE , TOEFL

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Q:

Which Virus causes Chicken Pox?

A) Rubella Virus B) Herpes Zoster Virus
C) Rabies D) Variola Virus
 
Answer & Explanation Answer: B) Herpes Zoster Virus

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In a Δ ABC, DE || BC. D and E lie on AB and AC respectively. If AB = 7 cm and BD = 3cm, then find BC:DE

A) 2:2 B) 3:2
C) 3.5:2 D) 7:2
 
Answer & Explanation Answer: C) 3.5:2

Explanation:
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Q:

In each of the following questions, four words have been given out of which three are alike in some manner, while the fourth one is different. Choose the word which is different from the rest.

A) Documentary B) Puppet
C) Commentary D) Feature
 
Answer & Explanation Answer: C) Commentary

Explanation:

Commentary is the description of all other shows.

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Q:

The process of electric discharge between clouds and the earth or between different clouds causes _____________.

A) thunderstorm B) cyclone
C) lightning D) winds
 
Answer & Explanation Answer: C) lightning

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams , CAT

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Q:

SMTP in computer science stands for?

A) Simple Markup Transfer Protocol B) Systems Mail Transfer Protocol
C) Simple Mail Transfer Protocol D) Systems Memory Transfer Protocol
 
Answer & Explanation Answer: C) Simple Mail Transfer Protocol

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

Improve the bracketed part of the sentence.
Would it be impolite (to be asked) why they are leaving?

A) to ask B) for asking
C) for being asked D) no improvement
 
Answer & Explanation Answer: A) to ask

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Laison B) Liaison
C) Lieison D) Liaisone
 
Answer & Explanation Answer: B) Liaison

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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