Questions

Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Q:

What is MUDRA?

A) Development and Refinance Agency B) Scheme for Agricultural Insurance
C) New Planet Discovered D) Development and Regulatory Authority for Urban Township
 
Answer & Explanation Answer: A) Development and Refinance Agency

Explanation:
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Q:

What does ATM stand for

A) Any Time Money B) Automated Teller Machine
C) Automatic Talking Media D) Analog Time Machine
 
Answer & Explanation Answer: B) Automated Teller Machine

Explanation:
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Q:

Brain fever is a disease spread through which of the following?

A) Flies B) Mosquito
C) Virus D) Cockroach
 
Answer & Explanation Answer: B) Mosquito

Explanation:
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Q:

A ________________ is known by different names in different parts of the world. It is called a ‘hurricane’ in North America.

A) funnel B) whirlpool
C) cyclone D) twister
 
Answer & Explanation Answer: C) cyclone

Explanation:
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Q:

Article 21 of the Indian Constitution "Protection of life and personal liberty" deals with?

A) the Union Government B) the fundamental rights of the Indian Citizen
C) the State Government D) the directive principles of state policy
 
Answer & Explanation Answer: B) the fundamental rights of the Indian Citizen

Explanation:
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Q:

Which of the following Five Year Plan can be strategically associated with the Green Revolution?

A) Second Five Year Plan B) Seventh Five Year Plan
C) Fourth Five Year Plan D) Sixth Five Year Plan
 
Answer & Explanation Answer: C) Fourth Five Year Plan

Explanation:
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Q:

Find the acceleration (in m/s2) produced in a body of mass 4 kg when a force of 24 N is applied on it.

A) 96 B) 6
C) 12 D) 48
 
Answer & Explanation Answer: B) 6

Explanation:
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