Explore topic-wise InterviewSolutions in Current Affairs.

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.

Which cells do not have perforated cell walls? (a) Tracheids (b) Companion cells (c) Sieve tubes (d) Vessels

Answer»

(b) Companion cells

2.

The numerical ratio of displacement to distance covered by a moving object is (a) always less than 1 (b) always equal to 1 (c) always more than 1 (d) equal or less than 1

Answer»

The numerical ratio of displacement to distance covered by a moving object is equal or less than 1.

3.

Mention any two ways to reduce greenhouse gases in environment by bank employees.

Answer»

1. Pool your rides. 

2. Less use of Air conditioner. (Any other correct point).

4.

How does ‘length of time’ affect the market interest rate?

Answer»

Shorter terms are less risky from the point of view of default and exposure to inflation because the near future is easier to predict

5.

Explain any two features of demand draft?

Answer»

Features of Demand Draft: 

1) A demand draft is payable on demand 

2) If there are wrong signatures on the draft, the bank is liable.

6.

What is meant by clearing process?

Answer»

Clearing is an arrangement through which a Bank exchanges cheque drawn on other Banks are received by it for collections with the cheques which are drawn on it and sent by other banks for collection from it

7.

What is meant by clearing house? What are its functions?

Answer»

Clearing House: is a place where Banks that are members of the clearing house meet to exchange the cheques. Outward clearing refers to instruments that are deposited by customer that are drawn on other Banks that need to be presented at clearing. Inward clearing means all the Paper based instruments that have to be presented at the drawer bank either in person or by another bank in clearing or through collection.

Clearing House Functions: 

• Facilitate the exchange of instruments 

• Settlements of Claims 

• Settlements with Major Banks 

• Settlements with the Central Bank

8.

Write any two security measures taken for ATM’s Security.

Answer»

a) change the password (PIN) of Debit card provided by bank before using it. 

b) Do register mobile no. for SMS alert on mobile for every transaction

9.

Briefly explain any three functions of Clearing House of RBI.

Answer»

1. Facilitate the exchange of instruments 

2. Settlements of Claims 

3. Settlements with Major Banks 

4. Settlements with the Central Bank

10.

Several entities involved in the process of clearing and settling the trades executed on Exchanges. Write the role of each agency.

Answer»

Clearing Corporation (NSCCL): 

The NSCCL is responsible for post-trade activities of a stock exchange. Clearing and settlement of trades and risk management are its central functions.

Clearing Members: 

They are responsible for settling their obligations as determined by the NSCCL. They have to make available funds and/or securities in the designated accounts with clearing bank/depository participant, as the case may be, to meet their obligations on the settlement day.

Custodians: 

A custodian is an entity who is responsible for safeguarding the documentary evidence of the title to property like share certificates, etc. In NSCCL, custodian is a clearing member but not a trading member.

Clearing Banks: 

Clearing banks are a key link between the clearing members and NSCCL for funds settlement. Every clearing member is required to open a dedicated settlement account with one of the clearing banks. Based on his obligation as determined through clearing, the clearing member makes funds available in the clearing account for the pay-in and receives funds in case of a pay-out.

11.

Name the process of delivering securities to the clearing corporation to effect settlement of a sale transaction?

Answer»

Pay-in of Securities

12.

What is a difference between Reverse Repo Rate and Repo Rate?

Answer»

The rate at which banks borrow short-term funds from RBI is called Repo Rate A reverse repo is the opposite of a repo. RBI announces the repo rate and reverse repo rate. The reverse repo rate will always be lower than the repo rate.

13.

On which date are the final accounts of banks in India prepared?

Answer»

31st March every year

14.

List any four functions of RBI.

Answer»

Functions of RBI:

  • Issuer of currency 
  • Banker to the Government 
  • Banker to Banks 
  • Financial Regulation and Management
15.

A particle moves along 1 ositive branch of the curve `y=(x)/(2)` where `x=(t^(3))/(3)`, x and y are measured in metres and t in seconds, then-A. the velocity of particle at t- 1 s is `hati+(1)/(2)hatj`B. the velocity of particle at t= 1 s is `(1)/(2)hati+hatj`C. the acceleration of particle at t=2s is `4hati+2hatj`D. the acceleration of particle at t=2s is `hati+2hatj`

Answer» `(dx)/(dt)=t^(2)` . . . ..(i)
`y=(1)/(2)(t^(3))/(3)`
`(dy)/(dt)=(t^(2))/(2)`
`t=1,v_(x)=1,v_(y)=(1)/(2)`
`vecv=hati+(1)/(2)hatj`
`(d^(2)x)/(dt^(2))=2t` ltrbgt `(d^(2)y)/(dt^(2))=t`
`"at" t=1s a_(x)=2 "and" a_(y)=1`
`veca=2hati+hatj`
16.

Auto recovery and ______ is possible is connection with server is distributed.

Answer»

Auto recovery and Offline billing is possible is connection with server is distributed.

17.

Write the full forms of DDL and DML. Write any two commands of DML in SQL.

Answer»

DDL – Data Definition Language 

DML – Data Manipulation Language 

18.

Identify the valid declaration of L: L = [‘Mon’, ‘23’, ‘hello’, ’60.5’]a. dictionary b. string c.tuple d. list

Answer»

Answer is:

d. List

19.

Name The transmission media best suitable for connecting to hilly areas.

Answer»

Microwave / Radio wave

20.

In SQL, what is the use of IS NULL operator?

Answer»

To check if the column has null value / no value

21.

Which of the below social media site is popular for professional sharing and connecting?1. Instagram2. Facebook3. Flikr4. LinkedIn

Answer» Correct Answer - Option 4 : LinkedIn

The correct answer is LinkedIn.

  • LinkedIn is an American business and employment-oriented online service that operates via websites and mobile apps.
  • Launched on May 5, 2003, the platform is mainly used for professional networking and allows job seekers to post their CVs and employers to post jobs.
  • As of 2015, most of the company's revenue came from selling access to information about its members to recruiters and sales professionals.
  • Since December 2016, it has been a wholly-owned subsidiary of Microsoft.
  • As of February 2021, LinkedIn had 740 million registered members from 150 countries.

  • CEO of LinkedIn is Ryan Roslansky.
  • The headquarters of LinkedIn is in Sunnyvale, California, U.S.
  • The founder of LinkedIn is Reid Hoffman.
22.

Explain the difference between a dynamic and materialized view.

Answer»

A dynamic view may be created every time that a specific view is requested by a user. A materialized view is created and or updated infrequently and it must be synchronized with its associated base table(s).

23.

Optimal page – replacement algorithm is difficult to implement, because ____________(a) it requires a lot of information(b) it requires future knowledge of the reference string(c) it is too complex(d) it is extremely expensive

Answer» Correct option is (b) it requires future knowledge of the reference string

To explain: None.
24.

A process refers to 5 pages, A, B, C, D, E in the order : A, B, C, D, A, B, E, A, B, C, D, E. If the page replacement algorithm is FIFO, the number of page transfers with an empty internal store of 3 frames is?(a) 8(b) 10(c) 9(d) 7

Answer» Correct option is (c) 9

Best explanation: None.
25.

What is the Optimal page – replacement algorithm?(a) Replace the page that has not been used for a long time(b) Replace the page that has been used for a long time(c) Replace the page that will not be used for a long time(d) None of the mentioned

Answer» The correct choice is (c) Replace the page that will not be used for a long time

The explanation is: None.
26.

Effective access time is directly proportional to ____________(a) page-fault rate(b) hit ratio(c) memory access time(d) none of the mentioned

Answer» Right choice is (a) page-fault rate

The best explanation: None.
27.

Which algorithm chooses the page that has not been used for the longest period of time whenever the page required to be replaced?(a) first in first out algorithm(b) additional reference bit algorithm(c) least recently used algorithm(d) counting based page replacement algorithm

Answer» Right choice is (c) least recently used algorithm

The explanation: None.
28.

The minimum number of page frames that must be allocated to a running process in a virtual memory environment is determined by ____________(a) the instruction set architecture(b) page size(c) physical memory size(d) number of processes in memory

Answer» The correct answer is (a) the instruction set architecture

Easiest explanation - None.
29.

_________ replacement allows each process to only select from its own set of allocated frames.(a) Local(b) Universal(c) Global(d) Public

Answer» Right answer is (a) Local

The explanation: None.
30.

_________ replacement allows a process to select a replacement frame from the set of all frames, even if the frame is currently allocated to some other process.(a) Local(b) Universal(c) Global(d) Public

Answer» The correct choice is (c) Global

Easiest explanation - None.
31.

If the sum of the working – set sizes increases, exceeding the total number of available frames ____________(a) then the process crashes(b) the memory overflows(c) the system crashes(d) the operating system selects a process to suspend

Answer» Right answer is (d) the operating system selects a process to suspend

Explanation: None.
32.

The instruction being executed, must be in ____________(a) physical memory(b) logical memory(c) physical & logical memory(d) none of the mentioned

Answer» The correct option is (a) physical memory

The best I can explain: None.
33.

When the page fault rate is low ____________(a) the turnaround time increases(b) the effective access time increases(c) the effective access time decreases(d) turnaround time & effective access time increases

Answer» Correct choice is (c) the effective access time decreases

Explanation: None.
34.

When a page fault occurs, the state of the interrupted process is ____________(a) disrupted(b) invalid(c) saved(d) none of the mentioned

Answer» The correct answer is (c) saved

To explain I would say: None.
35.

If the memory access time is denoted by ‘ma’ and ‘p’ is the probability of a page fault (0

Answer» The correct option is (c) (1-p) x ma + p x page fault time

The best I can explain: None.
36.

The algorithm in which we split m frames among n processes, to give everyone an equal share, m/n frames is known as ____________(a) proportional allocation algorithm(b) equal allocation algorithm(c) split allocation algorithm(d) none of the mentioned

Answer» Right answer is (b) equal allocation algorithm

The explanation is: None.
37.

Swap space exists in ____________(a) primary memory(b) secondary memory(c) cpu(d) none of the mentioned

Answer» Correct option is (b) secondary memory

Explanation: None.
38.

When a program tries to access a page that is mapped in address space but not loaded in physical memory, then ____________(a) segmentation fault occurs(b) fatal error occurs(c) page fault occurs(d) no error occurs

Answer» The correct answer is (c) page fault occurs

For explanation: None.
39.

In question 2, if the number of page frames is increased to 4, then the number of page transfers ____________(a) decreases(b) increases(c) remains the same(d) none of the mentioned

Answer» Correct choice is (b) increases

To explain: None.
40.

Name any four basic elements of a slide.

Answer»

The four basic elements of a slide are as follows: 

1. Titles 

2. Subtitles 

3. Drawing objects 

4. ClipArt

41.

Making illegal copies of copyrighted software is called:A. collaborationB. software piracyC. electronic distributionD. browsing

Answer» Correct Answer - B
42.

State the first function of management?

Answer»

The Planning.

43.

What do you mean by zero deviation?

Answer»

If the actual performance is equal to standard performance, it is treated as zero deviation.

44.

What do you understand by business environment?

Answer»

Business environment refers to all the external forces that affect the performance of a business organisation. Such forces can be economic, social, political, technological or legal. Thus, individuals, consumers, government, legal matters all compose business environment. For example, change in taste and preferences of the consumers, change in government policies, change in political scenario, change in legal polices, all make up business environment. An organisation cannot control such forces but they affect its performance either positively or adversely. For example, a change in consumer’s tastes in favour of a firms product, increases demand for its product. Similarly, an introduction of a new technology leaves the technology used by the firm obsolete and its products comparatively inferior. Thus, it can be said that everything that is outside the purview of an organisation but affects its performance composes business environment.

45.

State any one style of leadership?

Answer»

Autocratic leadership.

46.

Which of the following is an example of social environment?(a) Money supply in the economy(b) Consumer Protection Act(c) The constitution of the country(d) Composition of family

Answer»

Correct Answer: (d) Composition of family

Explanation:

Social environment refers to the social forces such as customs, traditions, social values, social trend etc. that affect the business opportunities and performance. Among the options given in the question, composition of family represents an example of social environment. If the composition of family is such that it comprises of more of children than elderly persons then, this implies greater business opportunity for baby product companies.

47.

What is 4 manpower planning?

Answer»

Manpower planning is an estimation of manpower required for the organisation.

48.

99. In which type of company there is no restriction on the transfer of shares(किस तरह की कम्पनी में अंशों के हस्तान्तरण पर प्रतिबन्ध नहीं है) -a) Public company(सार्वजनिक कम्पनी)b) Private company(निजी कम्पनी)c) Charted company(चार्टर्ड कम्पनी)

Answer»

Answer: Public company
A public company is a company that is not a private company. As per the Companies Act 2013, a public company has a minimum of 7 members and has no restriction on the transfer of its shares.

49.

Discuss the problems faced by Women Entrepreneurs?

Answer»

There is a tremendous growth in the women entrepreneurship in India. But there are certain problems met by women entrepreneurs. 

They are as follows:

(i) Problem of Finance: The external sources of funds for the women is limited because they do not generally own properties in their own name. They are depending on their own savings and loan from friends and relatives.

(ii) Lack of Education: Illiterate and semi-literate women entrepreneurs face difficulties in respect of accounts, money matters, marketing and day-to-day operations

(iii) Lack of Network Support: The success of business depends on the support of family members, friends and relatives. But it is reported that the women entrepreneurs get very limited support in times of crisis.

(iv) Stiff Competition: They have to face acute competition for their goods from organised sector and from their male counterparts. 

(v) Lack of Information: The lack of knowledge or limited knowledge about subsidies, concessions and incentives given by Government will affect the business.

50.

What are the responsibilities of consumers?

Answer»

Rights and responsibilities are two sides of the same coin. The responsibilities of consumers are listed below:

  • The consumer must pay the price of the goods according to the terms and conditions.
  • The consumer has the responsibility to make the seller to deliver the goods in time.
  • The consumer has to bear any loss, which may arise to the seller, due to delay in taking delivery.
  • The consumer has to follow the instructions and precautions while using the product.
  • The consumer must collect the cash receipt as a proof of goods purchased from the seller.
  • The consumer must file a complaint with the seller about the defects in products or deficiency in service.