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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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 612

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:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) All of them	B) speak
C) good english	D) No error

Answer & Explanation Answer: C) good english

Explanation:

The error is in third part. Replace ‘good’ with ‘correct’. English is not good or bad, but it can be correct or incorrect. We can also say ‘All of them speak English well’, or ‘All of them speak fluent English’. The error remains in part c.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

As of 2018, who is the CEO and president of MasterCard?

A) Prabhjot Singh	B) Ajaypal Singh Banga
C) Waris Ahluwalia	D) Darsh Singh

Answer & Explanation Answer: B) Ajaypal Singh Banga

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The following equation is incorrect which two signs should be interchanged to correct the equation

12 - 12 ÷ 25 x 10 + 10 = 25

A) - and +	B) ÷ and x
C) x and -	D) + and ÷

Answer & Explanation Answer: D) + and ÷

Explanation:

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Filed Under: Verbal Reasoning - Logical Deduction

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Q:

Mechanical energy is the sum of

A) kinetic energy + heat energy	B) kinetic energy + potential energy
C) potential energy + heat energy	D) chemical energy + electrical energy

Answer & Explanation Answer: B) kinetic energy + potential energy

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive Voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active Voice.

The authorities will reward you for your hard work.

A) You will be rewarded by the authorities for your hard work.	B) You would be rewarded by the authorities for your hard work.
C) The authorities will be rewarded by your hard work.	D) The authorities would be rewarded by your hard work.

Answer & Explanation Answer: A) You will be rewarded by the authorities for your hard work.

Explanation:

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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'.

Sometimes it appears as if they are deliberately (1)/ limiting their chances of survival in order (2)/ to observe some customary or taboo.(3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

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