Questions

Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Filed Under: General Awareness
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. If asentence is free from error, select 'No Error'.

1. The 26th of January was chosen 

2. to commemorate the Purna Swaraj

3. declaration for the complete independence, of 1930.

4. No error

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: English

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist. B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole. D) The life insurance industry has been destroyed by high and uncertain inflation as well.
 
Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
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. If a sentence is free from error, select 'No Error'.

 

The postman travelled by the cycle, often wading through (1)/ swamps or passed through jungles (2)/in order to reach the villages (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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.

 

It is a delight _______________ the illuminating thoughts which came to the minds of these men; and, on the other hand, it is amusing to see how ________________ they launched ________________ on boundless seas when they were unprovided with chart and compass. They were _________ brilliant children, who know little of the dangers of the great world, but are ready to undertake anything. These philosophers regarded all knowledge as their province, and did __________ despair of governing so great a realm.

 

They were _________ brilliant children, who know

 

A) too B) like
C) that D) so
 
Answer & Explanation Answer: B) like

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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.

 

This argument is completely ______________ and shows very little understanding ____________ education. The costs quoted for private schools, one, have no reliable source of data and, ______________, they discount two kinds of hidden costs — to the family and _____________ the nation. Often the cost of education in private schools is _________________ with the fee per child.

 

one, have no reliable source of data and, ______________, they discount two kinds of hidden costs

 

A) twice B) both
C) two D) secondly
 
Answer & Explanation Answer: C) two

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

It is ______ for all the students to follow the rules.

 

A) imperative B) meant
C) expected D) abide
 
Answer & Explanation Answer: A) imperative

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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