Questions

Q:

In the question given below, three paragraphs are given, which are jumbled. Find the correct sequence of these paragraphs so that they form a meaningful passage.
A. The power of compounding works the way it does because you are reinvesting the interest that you earn back into the instrument, besides giving it time to grow. Let’s simplify it further. Say in the first year you invest ₹100 and you get 10% annual return of ₹10. Next year, along with ₹110 (the first year principal amount and the interest amount), you will put another ₹100. The ₹10 you earned as interest gets reinvested, helping you grow your money faster.

B. To get a perspective, let’s turn to some numbers. Say you started investing ₹3,000 a month when you were 25, and go on till you are 60. At an average annual rate of 7% returns, your corpus will grow to ₹53.24 lakh. If you decide to start investing at the age of 35 years, even if you put aside double the amount— ₹6,000 per month — till the age of 60, the value of your corpus will be only ₹48.72 lakh. The example shows that you would need half the amount to get more in returns if you start investing early.
C. Adulting can’t wait when it comes to savings and investing. Why you may ask? If you delay your investments, how will you see the magic of compounding? When it comes to investing, you need to start early. In fact, you should start saving and investing as soon as you start earning. Compounding allows you to build a bigger corpus with a smaller amount.

A) BAC B) CAB
C) BCA D) ABC
 
Answer & Explanation Answer:

Explanation:

The correct sequence is CBA.

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

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Q:

Salination of soil is caused by

A) Pesticides B) soil erosion
C) excess irrigation D) crop rotation
 
Answer & Explanation Answer: C) excess irrigation

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

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Q:

Which one of the following statements with regard to the National Commission for Scheduled Tribes is not correct?

A) The Union and every State Government shall consult the Commission on all major policy matters affecting Scheduled Tribes. B) All the reports of the Commission and its recommendations shall be laid only before Lok Sabha.
C) The Commission, while investigating any matter, has all the powers of a Civil Court. D) The Commission has the power to regulate its own procedures.
 
Answer & Explanation Answer: B) All the reports of the Commission and its recommendations shall be laid only before Lok Sabha.

Explanation:

All the reports of the Commission are presented to the President, who in turn sends them to the both the houses of the Parliament.

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

______________ scheme was launched by the Central Government to give financial services to weaker section of society.

A) Sukanya Samridhi Yojana B) Bal Swachta Mission
C) Pradhan Mantri Jan Dhan Yojana D) Beti Bachao Beti Padhao Yojana
 
Answer & Explanation Answer: C) Pradhan Mantri Jan Dhan Yojana

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

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Q:

______________ scheme launched by the Central Government aims to promote entrepreneurship among people from schedule caste/schedule tribe.

A) Pradhan Mantri Fasal Bima Yojana B) Gram Uday Se Bharat Uday Abhiyan
C) Stand up India scheme D) National RU URBAN Mission
 
Answer & Explanation Answer: C) Stand up India scheme

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

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Q:

What is the reason for formation of Mirage in desert?

A) Refraction of light B) Reflection of light
C) Total internal reflection of light D) Both Refraction and Total internal reflection of light
 
Answer & Explanation Answer: D) Both Refraction and Total internal reflection of light

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The absolute refractive index of air is

A) 1.03 B) 1.00003
C) 1.003 D) 1.0003
 
Answer & Explanation Answer: D) 1.0003

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

How much per cent of th e Indian population h ave access tointernet in India in 2015?

A) 20 percent B) 23 percent
C) 29 percent D) 26 percent
 
Answer & Explanation Answer: D) 26 percent

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

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