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Question : Which of the following is not a function of a stock exchange?

Option 1: Facilitating trading of securities
 

Option 2: Ensuring fair and transparent transactions
 

Option 3: Regulating the banking sector

 

Option 4: Providing liquidity to investors

Team Careers360 20th Jan, 2024

Correct Answer: Regulating the banking sector

 


Solution : The correct answer is (c) Regulating the banking sector.

Regulating the banking sector is not a function of a stock exchange. Stock exchanges primarily serve as marketplaces where securities such as stocks, bonds, and derivatives are bought and sold. They facilitate the

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Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

The modern world (1) ________ around technology. It has advanced dramatically in the beyond twenty years, and presently, we can't envision a world without PCs and cell phones. The last century saw fast progressions in innovation and science, which were unfathomable previously. The internet is perhaps the most significant of these. Today, it is no longer a science fiction concept to communicate with people anywhere in the world. While smartphones keep us constantly connected to the virtual world, the wireless internet has eliminated the need to use a physical wire to connect with this world. Today, we rely on the Internet to pay our bills, book tickets, travel, and conduct banking transactions. Li-Fi, a new technology that uses light signals to (2) ________ data and reduces external interference, is currently in development.
On the other hand, such rapid progress comes with some (3) ________. Another sort of wrongdoing, known as digital wrongdoing, is the greatest danger to security today. WannaCry was one of the biggest recent cyberattacks. It infected more than 230,000 computers in over 150 countries and threatened to erase valuable data unless ransom payments were made. Personal and (4) ________ data continue to be stolen frequently, and our country's cyber security is still lacking. It's also possible to say that people miss out on important experiences in the real world because they spend so much time in the virtual world. The distinction between the real and online worlds sometimes appears to blur, especially as social media grows in popularity. For instance, the internet was said to have become so addictive in China that programmes were established to help people get off of it. However, technology's benefits (5)________ its drawbacks. It all comes down to what we do with it. One thing to keep in mind is that technology can serve us well, but not completely.

Select the most appropriate option to fill in the blank no. 4.

Option 1: secret

Option 2: confidential

Option 3: regular

Option 4: common

Team Careers360 18th Jan, 2024

Correct Answer: confidential


Solution : The most appropriate choice is the second option.

The term confidential refers to information that is private or not meant to be disclosed to others. In the context of the passage, it discusses the theft of personal and confidential data.

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Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

The modern world (1) ________ around technology. It has advanced dramatically in the beyond twenty years, and presently, we can't envision a world without PCs and cell phones. The last century saw fast progressions in innovation and science, which were unfathomable previously. The internet is perhaps the most significant of these. Today, it is no longer a science fiction concept to communicate with people anywhere in the world. While smartphones keep us constantly connected to the virtual world, the wireless internet has eliminated the need to use a physical wire to connect with this world. Today, we rely on the Internet to pay our bills, book tickets, travel, and conduct banking transactions. Li-Fi, a new technology that uses light signals to (2) ________ data and reduces external interference, is currently in development.
On the other hand, such rapid progress comes with some (3) ________. Another sort of wrongdoing, known as digital wrongdoing, is the greatest danger to security today. WannaCry was one of the biggest recent cyberattacks. It infected more than 230,000 computers in over 150 countries and threatened to erase valuable data unless ransom payments were made. Personal and (4) ________ data continue to be stolen frequently, and our country's cyber security is still lacking. It's also possible to say that people miss out on important experiences in the real world because they spend so much time in the virtual world. The distinction between the real and online worlds sometimes appears to blur, especially as social media grows in popularity. For instance, the internet was said to have become so addictive in China that programmes were established to help people get off of it. However, technology's benefits (5)________ its drawbacks. It all comes down to what we do with it. One thing to keep in mind is that technology can serve us well, but not completely.

Select the most appropriate option to fill in the blank no. 3.

Option 1: drawbacks

Option 2: snag

Option 3: hitch

Option 4: liabilities

Team Careers360 14th Jan, 2024

Correct Answer: drawbacks


Solution : The most appropriate choice is the first option.

In the context of the passage, the term drawbacks refers to the negative aspects or disadvantages that come with rapid technological progress.

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Question : Statement 1: Entrepreneurship is important for fostering innovation and introducing new products and services in the market.

Statement 2: The Pradhan Mantri Kaushal Vikas Yojana provides skill development training to young individuals for employability.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

 

Option 4: Both statements are false.

Team Careers360 21st Jan, 2024

Correct Answer: Both statements are true.
 


Solution : The correct answer is (a) Both statements are true.

Statement 1 is accurate in stating that entrepreneurship is important for fostering innovation and introducing new products and services in the market.

Statement 2 is also true. The Pradhan Mantri Kaushal Vikas Yojana

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Question : Which of the following is not a function of the Reserve Bank of India (RBI)?

Option 1: Issuing currency notes

 

Option 2: Regulating the banking system
 

Option 3: Regulating the securities market

 

Option 4: Managing the foreign exchange reserves of India

Team Careers360 8th Jan, 2024

Correct Answer: Regulating the securities market

 


Solution : The correct answer is (c). Regulating the securities market

The Reserve Bank of India (RBI) performs multiple functions, but regulating the securities market is not one of them. The correct answer is c) Regulating the securities market.

The functions of the Reserve

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Question : In what way has Ain-i-Akbari contributed to the understanding of Mughal economic policies?

Option 1: By detailing trade routes and partnerships

Option 2: By outlining the taxation and revenue collection system

Option 3: By describing the currency and banking system

Option 4: By explaining the import-export regulations

Team Careers360 19th Jan, 2024

Correct Answer: By outlining the taxation and revenue collection system


Solution : Correct Option: Option 2
Explanation: Ain-i-Akbari has contributed to the understanding of Mughal economic policies by outlining the taxation and revenue collection system, which was a crucial aspect of the empire's economic management.

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Question : Which of the following organizations is responsible for setting international standards for banking and financial transactions, including foreign exchange operations?

Option 1: World Trade Organization (WTO)
    

Option 2: International Monetary Fund (IMF)
    

Option 3: Bank for International Settlements (BIS)

 

Option 4: World Bank

Team Careers360 24th Jan, 2024

Correct Answer: Bank for International Settlements (BIS)

 


Solution : The correct option is c) Bank for International Settlements (BIS)

The Bank for International Settlements (BIS) is responsible for setting international standards for banking and financial transactions, including foreign exchange operations. The BIS is an international financial institution that serves as

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