This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Enumerate the different kinds of financial markets. |
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Answer» Financial Markets can be classified in different ways. (A) On the Basis of Type of Financial Claim 1. Debt Market is the financial market for trading in Debt Instrument (i.e. Government Bonds or Securities, Corporate Debentures or Bonds). 2. Equity Market is the financial market for trading in Equity Shares of Companies. (B) On the Basis of Maturity of Financial Claim 1. Money Market is the market for short term financial claim (usually one year or less) E.g. Treasury Bills, Commercial Paper, Certificates of Deposit. 2. Capital Market is the market for long term financial claim more than a year E.g. Shares, Debentures (C) On the Basis of Time of Issue of Financial Claim 1. Primary Market is a term used to include all the institutions that are involved in the sale of securities for the first time by the issuers (companies). Here the money from investors goes directly to the issuers. 2. Secondary Market is the, market for securities that are already issued. Stock Exchange is an important institution in the secondary market. (D) On the Basis of Timing of Delivery of Financial Claim 1. Cash/Spot Market is a market where the delivery of the financial instrument and payment of cash occurs immediately, i.e. settlement is completed immediately. 2. Forward or Futures Market is a market where the delivery of asset and payment of cash takes place at a pre-determined time frame in future. (E) On the Basis of the Organizational Structure of the Financial Market 1. Exchange Traded Market is a centralized organization (stock exchange) with standardized procedures. 2. Over-the-Counter Market is a decentralized market (outside the stock exchange), with customized procedures. |
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| 2. |
What are the components of organized sectors? |
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Answer» 1. Regulators 2. Financial Institutions 3. Financial Markets. 4. Financial Services |
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| 3. |
Write a note on financial market. |
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Answer» A financial market is an institution or arrangement that facilitates the exchange of financial instruments such as equity shares, preference shares, debentures, deposits and loans, corporate stocks and bonds, government bonds, and more exotic instruments such as options and futures contracts. |
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| 4. |
Spot Market is a market where the delivery of the financial instrument and payment of Cash occurs ________ (a) Immediately (b) In the future (c) Uncertain (d) After one month |
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Answer» (a) Immediately (a) immediately |
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| 5. |
Capital market is a market for (a) Short Term Finance (b) Long Term Finance (c) Long term Finance(d) Both Short Term and Medium Term Finance |
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Answer» (c) Long term Finance |
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| 6. |
Differentiate spot market from future market. |
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Answer» Spot Market: Spot market is otherwise called cash market. it is a market where the delivery of the financial instrument and payment of cash occurs immediately, i.e. settlement is completed immediately. Future Market: Future market is otherwise called forward market. It is a market where the delivery of asset and payment of cash takes place at a predetermined time frame in future. |
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| 7. |
Primary market is also called as _________ (a) Secondary market (b) Money market (c) New Issue Market (d) Indirect Market |
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Answer» (c) New Issue Market |
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| 8. |
What is equity market? |
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Answer» Equity Market is the financial market for trading in Equity Shares of Companies. |
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| 9. |
Find the odd one out. (a) Debt market (b) Capital market (c) Secondary market (d) National Growth |
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Answer» (d) National Growth |
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| 10. |
Financial market facilitates business firms. (a) To rise funds (b) To recruit workers (c) To make more sales (d) To minimize fund requirement |
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Answer» (a) To rise funds (a) To rise funds |
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| 11. |
Trading in dematerialized shares commenced on the NSE in _______(a) January 1996 (b) June 1998 (c) December 1996 (d) December 1998 |
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Answer» Trading in dematerialized shares commenced on the NSE in December 1996. |
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| 12. |
_____ was the first company to trade its shares in Demat form.(a) Tata Industries (b) Reliance Industries (c) Infosys (d) Birla Industries |
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Answer» Reliance Industries was the first company to trade its shares in Demat form. |
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| 13. |
What are the documents required for a Demat account? |
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Answer» For opening a demat account, we submit proof of identity and address along with a passport size photo and the account opening form. Documents for Identity: Pan card, Voters ID, Passport, Driver’s License, IT Returns, Electricity and Telephone Bills are the Identity documents. Documents for Address: Ration card, Passport, Voter’s ID card, Driving License, Telephone Bills, Electricity bills are the address documents. |
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| 14. |
Write a note on PAN. |
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Answer» PAN, or permanent account number, is a unique 10- digit alphanumeric identity allotted to each taxpayer by the Income Tax Department. It also serves as an identity proof. |
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| 15. |
Mr. Kulandaivel was the Chairman of Thangam Bank. The bank was earning good profits. Shareholders were happy as the bank was paying regular dividends. The market price of their share was also steadily rising. The bank was about to announce taking over the ‘Trinity Bank’. Mr. Kulandaivel knew that the share price of Thangam Bank would rise on this announcement. Being a part of the bank, he was not allowed to buy shares of the bank. He called one of the his rich friends Mr. Chandrasekaran and asked him to invest ? 5 crores in shares of his bank promising him the capital gains.As expected, the share prices went up by 40% and the market price of Chandrasekaran’s shares was now tl crores. He earned a profit of ?2 crores. He gave ?1 crore to Mr. Kulandaivel and kept ? crore with himself. On regular inspection and by conducting enquires of the brokers involved, the Securities and Exchange Board of India (SEBI) was able to detect this irregularity. The SEBI imposed a heavy penalty on Mr. Kulandaivel. By quoting the lines from the above paragraph, identify and state any two functions that were performed by SEBI in the above case. |
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Answer» Functions performed by SEBI in this case: 1. The market price of their share were informed and controlled by SEBI. 2. On regular inspection and conducting enquiries, Exchange Board of India was able to detect this irregularity. The SEBI imposed a heavy penalty on Mr. Kulandaivel. |
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| 16. |
The process of converting physical shares into electronic form is called _________ (a) Dematerialisation (b) Delisting(c) Materialisation (d) Debarring |
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Answer» (a) Dematerialisation |
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| 17. |
Koushikaa’s father has gifted her the shares of a large cement company with which he had been working. The securities were in physical form. She already has a bank account and does not possess any other forms of securities. She wishes to sell the shares and approached a registered broker for the purpose. Mention one mandatory detail which she will have to provide with the broker. |
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Answer» Mandatory Detail: 1. The shares can be sold by opening a Demat account. 2. She has to mention the no of shares of the cement company. 3. Without paper work shares can be transferred through dematerialisation. 4. Shares can be transferred to the person who wants to purchase. 5. Also mention the name of the company, Type of share, amount of share capital. |
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| 18. |
Select the correct answer from the options given below and rewrite the statement:i. _______ clause contains the details of liability of the members. (a) Name (b) Liability (c) Objectii. ________ clause states the amount of Authorised capital with which the company is registered. (a) Liability (b) Object (c) Capitaliii. _____ contains rules and regulations for internal management of the company.(a) Articles of Association (b) Prospectus (c) Memorandum of Associationiv. Articles establishes relationship between company and ________(a) members (b) outsiders (c) ROCv. ________ is an invitation to the public to subscribe for shares of the company. (a) Memorandum (b) Prospectus (c) Articles of Associationvi. For making multiple issue of shares within a year, a company can prepare a _______ Prospectus. (a) Abridged (b) Shelf (c) Red Herringvii. ___________ is an incomplete prospectus. (a) Red Herring Prospectus (b) Shelf Prospectus (c) Abridged Prospectus |
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Answer» i. (b) Liability ii. (c) Capital iii. (a) Articles of Association iv. (a) members v. (b) Prospectus vi. (b) Shelf vii. (a) Red Herring Prospectus |
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| 19. |
Spot the error and correct the sentence:The manager being a grave, calm man. |
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Answer» The manager was a grave, calm man. |
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| 20. |
Rewrite the following sentence as a simple sentence : If I attempt to transact business there, I become an irresponsible idiot. |
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Answer» On attempting to transact business there, I become an irresponsible idiot. |
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| 21. |
I was not a virtuous leader. a) dignified b) law-abiding c) well behaved d) honest |
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Answer» Answer is (d) honest |
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| 22. |
Do you feel nervous when you have to go to a strange place and talk to strange people? |
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Answer» Yes, I do. I think I should get over this nervousness and learn to be calm and confident. I am trying hard to do so, because I know that this is what is needed in the world today. |
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| 23. |
Identify the type of sentence:Come in here. |
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Answer» Imperative sentence |
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| 24. |
Match the words in Column A with the nouns in Column B: A B 1. invalid (a) pale 2. ghastly (b) millionaire 3. hollow (c) thing 4. painful (d) voice |
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| 25. |
Write whether the following statements are True or False:1. The manager was very rude to the narrator in the beginning2. The narrator was one of Pinkerton’s men3. The narrator was not a detective4. The narrator was a young Gould |
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Answer» 1. The manager was very rude to the narrator in the beginning – False 2. The narrator was one of Pinkerton’s men – False 3. The narrator was not a detective – True 4. The narrator was a young Gould – False |
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| 26. |
What was the accountant’s name? What was he asked to do? |
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Answer» The accountant’s name was Mr Montgomery. He was asked to deal with the narrator’s business. |
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| 27. |
What decision has the author taken after the episode at the bank? |
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Answer» After the episode at the bank, the author has decided that he will not keep his money ¡n a bank any more. He will keep his money in cash in his trouser pocket and his savings in silver dollars in a sock. |
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| 28. |
Why do you think the manager spoke ‘coldly’ to the narrator? |
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Answer» When the narrator said that he wanted to speak to the manager alone, the manager was alarmed because he thought that the narrator was a detective who had come to find out something. When the narrator said that he was not a detective but had come to open an account, the manager thought that he was a very rich man who would deposit a huge amount of money in the bank. But when the narrator mentioned he wanted to deposit the princely sum of fifty-six dollars, the manager got angry and spoke coldly to him for having wasted his precious time. |
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| 29. |
What error did the author make in the cheque? |
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Answer» The author wrote a cheque for fifty-six dollars instead of six dollars. This was the error. |
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| 30. |
Find curved surface area of a cylinder having r = x cm and h = y cm.A) 2πx (x + y) B) πx2y C) πxy D) 2πxy |
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Answer» Correct option is (D) 2πxy Curved surface area of cylinder \(=2\pi rh\) \(=2\pi xy\,cm^2\) \((\because\) r = x cm & h = y cm) Correct option is D) 2πxy |
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| 31. |
The diameter of a spherical ball is 21 cm. How much leather is required to prepare 5 such balls? |
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Answer» Diameter of the spherical ball d’ = 21 cm Thus, its radius r = d/2 = 21/2 = 10/5 cm Surface area of one ball = 4πr2 = 4 × 22/7 x 10.5 x 10.5 = 88 × 1.5 × 10.5 = 1386 cm2 ∴ Leather required for 5 such balls = 5 × 1386 = 6930 cm2 |
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| 32. |
A rectangle of length 44 cm is folded along with its length and formed a cylinder. Then the radius of the cylinder (cms) isA) 44 B) 22 C) 11 D) 7 |
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Answer» Correct option is (D) 7 Let radius of cylinder be r cm. \(\therefore\) Circumference of base of cylinder = Length of rectangle \(\therefore\) \(2\pi r=44\) \(\Rightarrow\) \(r=\frac{44}{2\pi}=\frac{44\times7}{2\times22}\) = 7 \(\therefore\) Radius of the cylinder is 7 cm. Correct option is D) 7 |
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| 33. |
Write whether True or False and justify your answer.If a sphere is inscribed in a cube, then the ratio of the volume of the cube to the volume of the sphere will be 6 : π. |
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Answer» If a sphere is inscribed in a cube, then length of the edge of the cube is equal to diameter of sphere. So, let length of the edge of the cube = 2r Then, diameter of the sphere = 2r ⇒ radius of the sphere = 2r/2 = r Volume of the cube is given by, Volume of the cube = (length of the edge)3 = (2r)3 = 8r3 …(i) Volume of the sphere is given by, Volume of the sphere = 4/3 π(radius)3 = 4/3 πr3 …(ii) Using equations (i) & (ii), Volume of the cube : Volume of the sphere = 8r3 : 4/3 πr3 = 8 : 4/3 π = 2 : 1/3 π Taking L.C.M (1,3) = 3. Multiply 3 by numerator of each term, Volume of the cube : Volume of the sphere = 6 : 3/3 π = 6 : π Hence, it is true. |
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| 34. |
Find the surface area of the figure. |
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Answer» Surface area = 4πr2 C.S.A = 4 × 22/7 × 7 × 7 = 616cm2 |
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| 35. |
Find the volume of the sphere. |
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Answer» r = 3 cm V = 4/3 πr3 = 4/3 x 22/7 × 3 × 3 × 3 = 113.14cm3 Volume of Sphere:- 4/3πr3
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| 36. |
Write whether True or False and justify your answer.If the radius of a cylinder is doubled and height is halved, the volume will be doubled. |
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Answer» Let radius of cylinder = r Let height of cylinder = h Then, volume of cylinder is given by V = πr2h …(i) According to the question, now Radius of the cylinder = 2r Height of the cylinder = h/2 Then, volume of cylinder is given by V’ = π(2r)2(h/2) = 4πr2(h/2) = 2πr2h = 2 (πr2h) = 2V ⇒ V’ = 2V Thus, volume will be doubled if the radius of a cylinder is doubled and height is halved. Hence, it is true. |
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| 37. |
The surface area of a sphere of radius 5 cm is five times the area of the curved surface of a cone of radius 4 cm. Find the height and the volume of the cone. |
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Answer» Surface area of the sphere = 4π × 5 × 5 cm2 . Curved surface area of the cone = π × 4 × l cm2, where l is the slant height of the cone. According to the statement 4π × 5 × 5 = 5 × π × 4 × l or l = 5 cm. Now, l2 = h2 + r2 Therefore, (5)2 = h2 + (4)2 where h is the height of the cone or (5)2 – (4)2 = h2 or (5 + 4) (5 – 4) = h2 or 9 = h2 or h = 3 cm Volume of Cone = 1/3 πr2 h = 1/3 x 22/7 x 4 x 4 x 3 cm3 = (22 x 16)/7 cm3 = 352/7 cm3 = 50.29 cm3 |
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| 38. |
A hot water system (Geyser) consists of a cylindrical pipe of length 14 m and diameter 5 cm. Find the total radiating surface of hot water system. |
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Answer» Radius (r) = diameter/2 = 5/2 = 2.5 cm Length of the pipe = height = 14 m Radiating surface = 2πrh = 2 × 22/7 x 2.5 x 1400 = 22000 cm3 |
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| 39. |
List two non-conventional sources of energy. |
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Answer» Geothermal, solar, biomass, water, wind are the non-conventional sources of energy, |
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| 40. |
Name the kind of energy possessed by wind and the device used to harness it. |
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Answer» Kinetic energy, wind mill. |
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| 41. |
What is wind ? What type of energy is possessed by wind ? |
| Answer» Moving air is known as wind. Wind posses kinetic energy | |
| 42. |
What type of energy is possessed by wind? |
| Answer» Kinetic energy | |
| 43. |
Name any two devices used to harness solar energy. |
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Answer» The two solar based devices which use solar energy are as follows: 1. Solar Cell 2. Solar Cooker 3. Solar Water Heater |
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| 44. |
The cost of construction a wall whose dimensions are 8 m × 4 m × 20 cm at the rate of Rs. 25 per m3 is A) Rs. 16 B) Rs. 80 C) Rs. 160 D) Rs. 320 |
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Answer» Correct option is (C) Rs. 160 Volume of the wall \(=8\times4\times0.20\,m^3=6.4\,m^3\) \(\therefore\) Cost of construction of wall \(=Rs\,6.4\times25\) = Rs 160 Correct option is C) Rs. 160 |
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| 45. |
State the property that is used in each of the following statements ?(i) If a || b, then ∠1 = ∠5(ii) If ∠4 = ∠6, then a || b.(iii) If ∠4 + ∠5 = 180°, then a || b. |
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Answer» (i) The two parallel lines a & b are cut by a transversal then ∠1 = ∠5 because they are corresponding angles. So they have equal measure. (ii) If ∠4 and ∠6 are equal measures they are interior alternate angles. So. a is parallel to b. (iii) Here two parallel lines are cut by transversal, ∠4 and ∠5 are pairs of interior angles on the same side of the transversal are supplementary. |
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| 46. |
In the adjoining figure, identify(i) the pairs of corresponding angles.(ii) the pairs of alternate interior angles.(iii) the pairs of interior angles on the same side of the transversal.(iv) the vertically opposite angles. |
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Answer» (i) There are 4 pairs of corresponding angles, (a) ∠1 and ∠5 (b) ∠2 and ∠6 (c) ∠4 and ∠8 (d) ∠3 and ∠7 (ii) There are 2 pairs of alternate interior angles. They are a) ∠3 and ∠5 b) ∠2 and ∠8 (iii) There are 2 pairs interior angles on the same side of the transversal, they are (a) ∠3 and ∠8 (b) ∠2 and ∠5 (iv) There are 4 pairs of vertically opposite angles. They are (a) ∠1 and ∠3 (b) ∠2 and ∠4 (c) ∠5 and ∠7 (d) ∠6 and ∠8. |
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| 47. |
In the adjoining figure, name the following pairs of angles.(i) Obtuse vertically opposite angles(ii) Adjacent complementary angles(iii) Equal supplementary angles(iv) Unequal supplementary angles(v) Adjacent angles that do not form a liner pair |
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Answer» (i) Obtuse vertically opposite angles ∠AOD and ∠BOC (ii) Adjacent complementary angles ∠BOA and ∠AOE (iii) Equal supplementary angles (∠BOE and ∠EOD (iv) Unequal supplementary angles ∠AOE and ∠EOC (v) Adjacent angles that do not form a liner pair ∠AOB and ∠AOE, ∠AOE and ∠EOD and ∠EOD and ∠COD |
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| 48. |
Two complementary angles are in the ratio 4:5. Find the angles. |
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Answer» Consider the required angle as x° and 90° – x° According to the question it can be written as x°/ 90° – x° = 4/5 By cross multiplication we get 5x = 4 (90 – x) 5x = 360 – 4x On further calculation we get 5x + 4x = 360 9x = 360 By division x = 360/9 So we get x = 40 Therefore, the angles are 40° and 90° – x° = 90° – 40° = 50° |
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| 49. |
In the given figure, it is given that AOB is a straight line and 4x = 5y. What is the value of x?(a) 100 (b) 105 (c) 110 (d) 115 |
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Answer» (a) 100 Because, Let the measure of its supplement be 4x and 5y. Then, = x + (4/5)x = 180o = (5x + 4x)/5 = 180 = 9x = 180 × 5 = 9x = 900 = x = 900/9 = x = 100 |
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| 50. |
Find the value of x for which the angles (2x – 5)° and (x – 10)° are the complementary angles. |
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Answer» It is given that (2x – 5)° and (x – 10)° are the complementary angles. So we can write it as (2x – 5)° + (x – 10)° = 90° 2x – 5° + x – 10° = 90° On further calculation 3x – 15° = 90° So we get 3x = 105° By division x = 105/3 x = 35° Therefore, the value of x for which the angles (2x – 5)° and (x – 10)° are the complementary angles is 35°. |
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