Questions

Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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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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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

Explanation:
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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.

 

We often feel, in such an environment, that our social sphere _____________ around us. We can see, in quantitative values — the number of likes, re-posts, shares — the interest garnered by anything created by us. This makes social interaction slightly more ___________, when we start to think of it in number terms. It becomes easier to see it in visual terms, rather ________ emotive cues. And _____________ that happens we are motivated to reveal only those parts of ____________ that we know will trigger a considerable quantitative response.

 

slightly more ___________, when we start

 

 

A) clinically B) clinics
C) clinic D) clinical
 
Answer & Explanation Answer: D) clinical

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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.

 

Living as _________ educated individual in a free society, I felt that we continue to unknowingly hold some biases that we develop _________ time. It requires many maturity updates to install in your psychological system, and at ___________ conscious efforts to develop a good sense of __________. I was small at that time, but with age and experience I absolutely _____________ and approved each and every word my uncle had said that day.

 

system, and at ___________ conscious efforts

 

 

A) times B) time
C) timely D) timing
 
Answer & Explanation Answer: A) times

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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 obviously wrong as the cost of school uniform, books and stationery, and transport, ________ all are under the monopoly of the school, are not included. ______________ private schools want additional money for special occasions like festivals, picnics, ______________ and projects. And they often recommend tuition for the children. None of this ______________ in this cost calculation. However, the family __________ this burden and these items add significantly to the revenue of private schools.

 

______________ and projects.

 

A) travels B) tours
C) expeditions D) excursions
 
Answer & Explanation Answer: D) excursions

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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.

 

India has already made _________________ concessions to enable a consensus and successful outcome at Paris. Now it must ensure that it is not caught in a relentless ________________ process where each concession becomes an argument for making the next one. The post-Paris negotiations will determine more ____________ the shape of the climate change architecture for the next several decades. We _______________ ensure that India’s vital interests are safeguarded and the principle ____________ equity and equitable burden-sharing is reflected across this architecture.

 

The post-Paris negotiations will determine more ____________ the shape of the climate change

 

A) precisely B) exactly
C) refinely D) sophisticatedly
 
Answer & Explanation Answer: A) precisely

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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.

 

Often the cost of education in private schools is _________________ with the fee per child.

 

A) equation B) equates
C) equating D) equated
 
Answer & Explanation Answer: D) equated

Explanation:
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