General Knowledge Questions

Q:

Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?

A) (i), (ii) and (iii) B) (i), (iii) and (iv)
C) (i), (ii) and (iv) D) (i), (ii), (iii) and (iv)
 
Answer & Explanation Answer: C) (i), (ii) and (iv)

Explanation:

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ‘mined’, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol –the rules that make bitcoin work –say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

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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’.

Judaism says spirituality is a process of personal (1)/ transformation, involving values and beliefs that (2)/ provides purpose and guidance for our living. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

 In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

Learning (include) discovery, insight, understanding as well as accumulation of information.

 

A) includes   B) had includes  
C) has include   D) no improvement
 
Answer & Explanation Answer: A) includes  

Explanation:
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Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Where is India's first Sandalwood Museum being set up?

A) Mysuru, Karnataka B) Thrissur, Kerala
C) Hubballi, Karnataka D) Dindigul, Tamil Nadu
 
Answer & Explanation Answer: A) Mysuru, Karnataka

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

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Q:

In the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

My aunt wears _________ outfits to ensure she is noticed everywhere she goes.

 

A) vivid B) spirited
C) active D) strong
 
Answer & Explanation Answer: A) vivid

Explanation:
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Filed Under: English
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Once ______________, it is that time of the year when the examination results season may be just ending and the admissions season is in progress, and marked by a _________________ of two contradictory voices — often from the same people — that rose to deafening ____________ from April to May when the results of various school boards _________________. The first voice __________________ those who succeeded and did wondrously well.

 

Once ______________,

 

A) upon a time B) only
C) again D) more
 
Answer & Explanation Answer: C) again

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

All good things must come to an end

 

A) Even enjoyable experiences cannot last for ever B) A good story should always have a happy ending
C) The world will be destroyed one day D) Only bad things can continue forever. Life of good things feel short.
 
Answer & Explanation Answer: A) Even enjoyable experiences cannot last for ever

Explanation:
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Filed Under: English
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

The clerk said to the visitor,"Shall I ask these people to wait for you?"

 

A) The clerk asked the visitor if he should ask those people to wait for him. B) The clerk asked the visitor if he shall ask these people to said for him.
C) The clerk asked the visitor if he had asked those people to wait for him. D) The clerk told the visitor that he should ask these people to wait for him.
 
Answer & Explanation Answer: A) The clerk asked the visitor if he should ask those people to wait for him.

Explanation:
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