Questions

Q:

Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?

 

A) It is a marketable security. B) It experiences price changes throughout the day.
C) It typically has lower daily liquidity and higher fees than mutual fund shares. D) An ETF does not have its net asset value calculated once at the end of every day.
 
Answer & Explanation Answer: C) It typically has lower daily liquidity and higher fees than mutual fund shares.

Explanation:

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

•Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

•ETFs experience price changes throughout the day as they are bought and sold.

•ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Ultrasonic waves are used for stirring liquid solutions because they 

A) do not produce noise during the operation B) are easy to produce
C) can produce perfectly homogeneous solutions D) do not produce chemical reactions in the solution
 
Answer & Explanation Answer: C) can produce perfectly homogeneous solutions

Explanation:
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Filed Under: Physics

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Q:

Improve the given sentence if necessary.

I am living in Bombay for the last ten years.

A) had lived B) have been living
C) lived D) No improvement
 
Answer & Explanation Answer: B) have been living

Explanation:

If some action has started in the past and is still continuing, then present perfect continuous tense should be used instead of present continuous tense. So, the phrase ‘am living’ needs to be replaced with ‘have been living’ to make the sentence contextually correct. Thus, the correct formation would be, ‘I have been living in Bombay for the last ten years’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which High Court for the first time in India declared "Bandh" as illegal

A) Allahabad High Court B) Gujarat High Court
C) Kerala High Court D) Rajasthan High Coutrt
 
Answer & Explanation Answer: C) Kerala High Court

Explanation:
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Filed Under: Indian Politics

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Q:

Improve the given sentence if necessary.

Decide one way or the other; you can’t be sitting on the fence forever.

A) be seated on the fence B) be sitting and fencing
C) be dancing on the fence D) No improvement
 
Answer & Explanation Answer: D) No improvement

Explanation:

‘Sitting on the fence’ is the correct idiom used. It is used to describe a person’s lack of decisiveness, neutrality or hesitance to choose between two sides in an argument or a competition, or inability to decide due to lack of courage. Thus, the sentence is grammatically and contextually correct. Thus, the correct formation would be, ‘Decide one way or the other; you can’t be sitting on the fence forever’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Choose the antonym of

fatigue

A) restive B) slouch
C) vigour D) tire
 
Answer & Explanation Answer: C) vigour

Explanation:
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Filed Under: English
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Q:

This statesman,politican,scholar,inventor,and one of early presidents of USA invented the swivel chair,the spherical sundial,the moldboard plow,and the cipher wheel.

A) George Washington B) Alexander Hamilton
C) John Adams D) Thomas Jefferson
 
Answer & Explanation Answer: D) Thomas Jefferson

Explanation:

 Thomas Jefferson (April 13, 1743 – July 4, 1826) was the third President of the United States (1801-1809) and the principal author of the Declaration of Independence (1776).

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Filed Under: Inventions

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Q:

Improve the bracketed part of the sentence.

She is expected to be a candidate of continuity and is also expected to take a stand for ("radically economic transformation").

A) radical economics transformation B) radical economic transformation
C) radically economics transformation D) No improvement
 
Answer & Explanation Answer: B) radical economic transformation

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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