General Knowledge-Set 02

1. In which year, the first Indian cotton mill was established in Bombay? A. 1874 B. 1854 C. 1845 D. 1861 Answer: B. 1854 The first Indian cotton mill, "The Bombay Spinning Mill", was opened in 1854 in Bombay by Cowasji Nanabhai Davar. It was the first mill opened by any Indian enterprise with an Indian … Continue reading General Knowledge-Set 02

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Current Affairs Quiz-Set 01- 40 Questions

1. On July 18, 2017, Minister of State for Planning, Programme Implementation and Statistics introduced the ‘Requisitioning and Acquisition of Immovable Property (Amendment) Bill, 2017’. Read the statements given below and answer which one is NOT TRUE in context to this bill. I. The bill seeks to amend the provision to allow the central government to … Continue reading Current Affairs Quiz-Set 01- 40 Questions

GK Questions: General Science Set- 01

There are 15 questions in this practice set. With each question, there are 4 options. You have to choose which one of them is correct. The answer is given with each question. You will find external links with each answer. You can learn further about the topic by visiting those links. Questions in this set … Continue reading GK Questions: General Science Set- 01

Banking Awareness Practice Questions with Answers

Banking Awareness – Set-01

Questions in this set were asked on our Facebook Page on 30th June 2017. If you came here from our page, in this post you will find answer to the questions I asked. 1. Which among the following had won the 2017 Malaysia Masters Grand Prix Gold Women’s Singles title? A. Pornpawee Chochuwong B. P V Sandhu […]

Q. Which of the following statement is TRUE for the Fixed Income Securities?

Answer: A. Holders of fixed-income securities are not owners, but the creditors Fixed Income Securities are debt instrument where the issuer; a corporation or government; agreed to pay a predetermined amount of interest on a fixed schedule. Unlike equity where the investor is the owner, the holder or investor has the creditor relationship with the issuer … Continue reading Q. Which of the following statement is TRUE for the Fixed Income Securities?

Which of the following bank has signed up as a national supporter for the under 17 FIFA world cup, scheduled to kick start on October 2017?

Answer: B. Bank of Baroda The Bank of Baroda has signed up as a national supporter for the under 17 FIFA world cup, scheduled to kick start in October 2017. It is the first Indian company to do so. Learn more: FIFA ropes in Bank of Baroda as first ‘National Supporter’ for the FIFA U-17 World … Continue reading Which of the following bank has signed up as a national supporter for the under 17 FIFA world cup, scheduled to kick start on October 2017?

Q. What is NOSTRO account?

Answer: C. accounts which are generally held with a foreign bank on behalf of a domestic bank Nostro in Latin literally means 'ours'. Hence, Nostro account points at - "Our account with you". Take for example a bank in India, say Bank of Maharashtra (BoM),  gets a lot many remittances and trade related money sent … Continue reading Q. What is NOSTRO account?

Q. Which of the following bank had the key role in concluding the biggest asset resolution in India with the consummation of the Rs. 16,189 crore takeover of Jaypee Cements by Ultratech?

Answer: B. ICICI Bank ICICI bank had the key role in concluding the biggest asset resolution in India with the consummation of the Rs. 16,189 crore takeover of Jaypee Cements by Ultratech. Learn more:  Bankers Pull Off Largest Asset Resolution With UltraTech-JP Cement Deal If you like our work please share our Facebook page with your … Continue reading Q. Which of the following bank had the key role in concluding the biggest asset resolution in India with the consummation of the Rs. 16,189 crore takeover of Jaypee Cements by Ultratech?

Q. Which of the following statements is true? A. Banks cannot accept demand and time deposits from public B. Banks can accept only demand deposits from public C. Banks can accept demand and time deposits only from government D. Banks can accept both demand and time deposits from public

Answer: D. Banks can accept both demand and time deposits from public Let us first understand the time and demand deposits. Time deposits are the sum of money banks accept for a fixed term (say, for 1 year, 3 years or 5 years.) and can be withdrawn only after the term expires or at the … Continue reading Q. Which of the following statements is true? A. Banks cannot accept demand and time deposits from public B. Banks can accept only demand deposits from public C. Banks can accept demand and time deposits only from government D. Banks can accept both demand and time deposits from public

Q. Which of the following terms is not used in Economics? A. Exogenous B. Depreciation C. Deep Market D. All are Economics term

Answer: D. All are Economics term Exogenous: In an economic model, an exogenous change is one that comes from outside the model and is unexplained by the model.  Depreciation: In economics, depreciation is the gradual decrease in the economic value of the capital stock of a firm, nation or other entity, either through physical depreciation, … Continue reading Q. Which of the following terms is not used in Economics? A. Exogenous B. Depreciation C. Deep Market D. All are Economics term