Questions

Q:

Which is the first bank established in India?

A) General Bank of India B) Bank of Calcutta
C) Bank of Hindustan D) Bank of Baroda
 
Answer & Explanation Answer: C) Bank of Hindustan

Explanation:

The first bank established in India in the year 1770 was Bank of Hindustan followed by the General Bank of India in the year 1786. The State Bank of India (SBI) was the still existing oldest bank which was established in the year 1806 in the name of Bank of Calcutta.

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Q:

Open market operation is a part of

A) Debit Policy B) Deposit Policy
C) Credit Policy D) None of above
 
Answer & Explanation Answer: C) Credit Policy

Explanation:

Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.

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Q:

During the sensorimotor stage the main task is to

Answer

Jean Piaget was a cognitive psychologist who identified four stages of development: the sensorimotor stage from birth to 2 years, the preoperational stage from age 2 to age 7, the concrete operational stage from age 7 to 11, and the formal operational stage from age 11 to adult. He identified milestones that occur at each stage.


 


According to Piaget, the main task of the sensorimotor stage is for the child to learn the concept of object permanence, use senses and motor skills to understand the world.

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Q:

Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5 % compounded daily.Find his amount of interest

A) 5678 B) 4563
C) 4329 D) 6210.73
 
Answer & Explanation Answer: D) 6210.73

Explanation:

Bob receives 15-3 = 12 months of 3.5 % interest compounded daily

 

 

 

M=P(1+i/365)^365n

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Q:

The coldest planet in the solar system is ?

A) Venus B) Jupiter
C) Uranus D) Pluto
 
Answer & Explanation Answer: C) Uranus

Explanation:
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Q:

Cache memory is a form of ROM.

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

Explanation:

The given sentence Cache memory is a form of ROM is FALSE. Cache memory, also called CPU memory, is high-speed static random access memory (SRAM) that a computer microprocessor can access more quickly than it can access regular random access memory (RAM).

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Q:

Chemical Co- ordination in the body is brought out by

A) Blood B) Lymph
C) Enzymes D) Hormones
 
Answer & Explanation Answer: D) Hormones

Explanation:
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Q:

State-run Bharat Sanchar Nigam (BSNL) unveiled its mobile wallet in partnership with _______ to enable one-tap bill payment for its over 100 million subscribers.

A) Free Charge B) MobiWik
C) Paytm D) Ezetap
 
Answer & Explanation Answer: B) MobiWik

Explanation:
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