11. Tropic of Cancer passes through how many states in India?
[A] Six
[B] Seven
[C] Five
[D] Eight
Show Answer
Correct Answer: D [Eight]
Notes:
The tropic of Cancer passes through 8 states in India: Gujarat, Rajasthan, Madhya Pradesh, Chattisgarh, Jharkhand, West Bengal, Tripura and Mizoram.
12. Oldest trade union federations in India, All India Trade Union Congress was established in which of the following year?
[A] 1917
[B] 1920
[C] 1922
[D] 1924
Show Answer
Correct Answer: B [1920]
Notes:
The All India Trade Union Congress (AITUC) was the oldest trade union federations in India which was established on 31 October 1920 at Bombay. Lala Lajpat Rai was the first president of the organization. In the year 1929, at the 10th Session in Nagpur the split of AITUC took place.
13. A Rs. 50 note with a * (star) in the number panel between the prefix and the serial number indicates that _________?
[A] This note has special security features
[B] This note was printed in a press outside India
[C] This note was printed by RBI to replace a defectively printed banknote
[D] This note is printed on international quality paper
Show Answer
Correct Answer: C [This note was printed by RBI to replace a defectively printed banknote]
Notes:
The correct answer is that the Rs. 50 note with a (star) in the number panel indicates that it was printed by the Reserve Bank of India (RBI) to replace a defectively printed banknote. Star notes are issued to maintain the total number of notes in circulation and ensure that defective notes are accounted for. This practice helps in maintaining the integrity of the currency system.
14. In Financial Language, Fixed to Floating and Floating to Floating are used in context with which among the following?
[A] Interest rates
[B] Swaps
[C] Foreign Exchange Rates
[D] None of them
Show Answer
Correct Answer: B [Swaps]
Notes:
The terms “Fixed to Floating” and “Floating to Floating” refer to types of interest rate swaps. In a Fixed to Floating swap, one party pays a fixed interest rate while receiving a floating rate, typically linked to a benchmark like LIBOR. In a Floating to Floating swap, both parties exchange floating rates, often based on different benchmarks. Interest rate swaps are commonly used for hedging against interest rate risk and managing cash flow. The global market for interest rate swaps is substantial, with trillions of dollars in notional amounts traded annually.
15. In which among the following types comes the Interest Rate Risk?
[A] Credit risk
[B] Market risk
[C] Operational risk
[D] All the above categories
Show Answer
Correct Answer: B [Market risk]
Notes:
Interest Rate Risk falls under Market Risk. Market risk encompasses the potential for financial loss due to fluctuations in market prices, including interest rates. Interest rate changes can affect the value of investments, particularly fixed-income securities. For example, when interest rates rise, the prices of existing bonds typically fall, leading to potential losses for investors. This risk is a critical consideration for financial institutions and investors alike.
16. There is a situation in which resources are held by two or more connections that are each needed by the other connections. What is the name given to such a situation?
[A] Deadlock
[B] Debugging
[C] Instance
[D] Remote Procedure Call
Show Answer
Correct Answer: A [Deadlock]
Notes:
Deadlock is a situation in which resources are held by two or more connections that are each needed by the other connections so that they are stuck in an infinite wait loop.
17. Which of the following internet connections serves only textual matter of a web page?
[A] Shell connection
[B] TCP/IP connection
[C] ISDN
[D] All of the above
Show Answer
Correct Answer: A [Shell connection]
Notes:
In Shell Connection, the user will get only textual matter of a Web Page as it does not support Graphics display or multimedia files.
18. What is the GDP growth rate of India, in 2018-19, as per the recent statement from the National Statistical Office (NSO), on January 31,2020?
[A] 6.8%
[B] 6.4%
[C] 6.2%
[D] 6.1%
Show Answer
Correct Answer: D [6.1%]
Notes:
The National Statistical Office released revised estimates for economic growth of India for the last three years, on January 31,2020. As per the report, it fixed the actual GDP growth 2018-19 at 6.1%, against its previous estimate of 6.8%, estimated in May 2019.
The National Statistical Office also stated that the main reason for the downward revision in the GDP growth rate is deceleration in farming and mining activities in primary sector and manufacturing activities in secondary sector. It also marked the growth rate in 2017-18 as 7%. Recently, NSO estimated the growth rate in 2019-20 to be 5%.
19. What is the theme of Telangana’s biotechnology and life sciences forum ‘BioAsia 2020’?
[A] Life Science for All
[B] Today For Tomorrow
[C] Instrumental Life Sciences
[D] Better Bio-tech
Show Answer
Correct Answer: B [Today For Tomorrow]
Notes:
The 17th edition of Asia’s largest biotechnology and life sciences forum, ‘BioAsia 2020’ recently commenced in the city of Hyderabad, Telangana.
The three-day event began with the theme of ‘Today for Tomorrow’. More than 2000 delegates from as many as 37 countries. A massive exhibition with 175 exhibitors and experts is also set to be organised. Switzerland, which is the partner country of this year’s conference, has sent its 40-member to participate in the event.
20. Who was the first Turk to invade India?
[A] Alpitigin
[B] Subuktigin
[C] Mahmud of Ghanzni
[D] Ismail Khan
Show Answer
Correct Answer: B [Subuktigin]
Notes:
Subuktagin was the first Turk to invade India in 98oAD. He was slave and commander of Alptigin while father of Mahmud.