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Question : Directions: Which figure from the given options would replace the question mark (?) if the following figure series were to be continued?
Option 1:
Option 2:
Option 3:
Option 4:
Correct Answer:
Solution : According to the given figures – 1. X and triangle interchange their positions at each step. 2. O and T interchange their positions at each step. 3. At each step, a new character/symbol is introduced which replaces the center element.
So, following the above pattern, the
Question : The process of transferring funds from one bank account to another electronically is called ___________.
Option 1: Online banking
Option 2: electronic funds transfer (EFT)
Option 3: Mobile banking
Option 4: Internet banking
Correct Answer: electronic funds transfer (EFT)
Solution : The answer to the question is (b) electronic funds transfer (EFT).
Online banking, mobile banking, and internet banking are all terms that refer to the use of electronic means to access and manage your bank account. However, EFT is a specific type
Question : Which of the following transactions will be recorded in the capital account of the Balance of Payments?
Option 1: Import of goods
Option 2: Export of services
Option 3: Foreign investment in domestic companies
Option 4: Foreign aid received
Correct Answer: Foreign investment in domestic companies
Solution : The correct answer is (c) Foreign investment in domestic companies
The capital account of the Balance of Payments records capital transfers and transactions involving the acquisition or disposal of non-financial assets. Foreign investment in domestic companies, such as foreign direct investment
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