AIEEE Questions

Q:

The preamble to the constitution does not specify providing for

A) economic equity B) domestic tranquility
C) common defense D) justice
 
Answer & Explanation Answer: A) economic equity

Explanation:

The preamble to the constitution does not specify providing for economic equity.

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

6 2004
Q:

Jio is a big shot at reducing the cost of Internet access in India. The U.S., despite being the richest country in the world, lags far behind in terms of cost and penetration of Internet access. Cheap access to the Internet is an important step in bridging the access gap – access to good education, good healthcare, etc. But the market reaction to Jio is similar to the U.S. market’s reaction to firms announcing their intention to diversify.

(A) The final group of losers is the current shareholders of RIL. On announcement of Jio, the stock price of RIL fell.

(B) It shows that the market’s short-term reaction is usually proven correct in the long-run.

(C) On losing end, the first groups of losers are the shareholders of other telecom companies.

(D) The large amount of revenue the Government of India gets from auctioning off the nation’s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted.

(E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers. 

(F) The first obvious winners of this scheme are customers.

(G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians.

 

Question:

Which of the following supports the decision of other companies opposing Reliance JIO Scheme?

A) Only A B) Both A & B
C) Only C D) Both C & E
 
Answer & Explanation Answer: D) Both C & E

Explanation:

As the arguments C and E states that other companies are on the losing end with this scheme, it is the only appropriate answer to this question.

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4 2003
Q:

Which of the following industries most closely approximates pure competition?

A) Steel B) Clothing
C) Eectronic D) Agriculture
 
Answer & Explanation Answer: D) Agriculture

Explanation:

Agriculture would be a good example of a purely competitive industry.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

4 2002
Q:

Currency exchange rates are based on

Answer

The amount of money you’ll get for a given amount of your country’s currency is based on internationally determined exchange rates. Exchange rates can be either fixed or floating. Fixed exchange rates use a standard, such as gold or another precious metal, and each unit of currency corresponds to a fixed quantity of that standard that should (theoretically) exist.

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Subject: General Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 2001
Q:

Statement: If the retired professors of the same institutes are also invited to deliberate on restructuring of the organization, their contribution may be beneficial to the institute.

Course of action:
a) Management may seek option of the employees before calling retired professors.
b) Management should involve experienced people for the systematic restructuring of the organization.

A) Only a follows B) Neither a nor b follows
C) Both a & b follows D) Only b follows
 
Answer & Explanation Answer: D) Only b follows

Explanation:

Valuable suggestion from the retired professors will be helpful for restructuring of an organisation. Hence, management should involve such experienced people. Seeking permission from the employees is not the right course of action.

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Filed Under: Statement and Courses of Action
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
Job Role: Bank Clerk , Bank PO

1 2001
Q:

Capital of Belarus -

A) Praia B) Minsk
C) Cairo D) Vienna
 
Answer & Explanation Answer: B) Minsk

Explanation:

Belarus is a European country whose capital city is Minsk.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

10 2001
Q:

Electric charges that are different attract each other.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Same charges will repel each other and the charges that are different will attract each other.


Electric_charges_that_are_different_attract_each_other._1545283189.png image

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Subject: Physics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2001
Q:

Smoke alarms are only necessary in the workplace.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

Smoke alarms are also necessary in public places like banks, theaters, rest rooms, aeroplanes,...

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Subject: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 2000