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- Question
- Statement:
Global credit rating agency Standard and poors's (S&P) downgraded India's local currency rating to junk bond status. But India's foreign currency rating has been maintained at the same level as earlier, ie at junk bond or speculative grade.
Conclusions :
I. The downgrade is likely to demoralise the stock and foreign exchange markets and make overseas borrowing costlier.
II. India is gradually approaching a debt trap.
Options- A. if only conclusion I follows
- B. if only conclusion II follows
- C. if either I or II follows
- D. if neither I nor II follows, and
- Correct Answer
- if only conclusion I follows
ExplanationLocal currencies rating plays a pivotal role in stock and foreign exchange market as well as overseas borrowing. Hence conclusion I follows. Conclusion II does not necessarily follow because the given revelation is not enough.
- 1. Choose the word which is different from the rest.
Options- A. Bajra
- B. Mustard
- C. Rice
- D. Wheat
- E. Barley Discuss
- 2. Find the odd one out:
Options- A. 263
- B. 111
- C. 242
- D. 551 Discuss
- 3. Find the odd one out:
Options- A. 21
- B. 69
- C. 81
- D. 83 Discuss
- 4. 16 : 56 :: 32 :?
Options- A. 96
- B. 112
- C. 120
- D. 128 Discuss
- 5. 8 : 24 ::? : 32
Options- A. 5
- B. 6
- C. 10
- D. 8 Discuss
- 6. 'Uneasy' is to 'Quite" as 'Fit' is to
Options- A. Proper
- B. Suitable
- C. Pertinent
- D. Unfit Discuss
- 7. NA
Options- A. Desire
- B. Hope
- C. Want
- D. Belief Discuss
- 8. Statement :
1. Some clerks are poor;
2. A is poor
Conclusion :
I. A is clerk.
II. A has a large family.
Options- A. Both conclusions I and Ii
- B. Only conclusion II
- C. Only conclusion I follows.
- D. Neither conclusion I nor conclusion Ii follows. Discuss
- 9. Ant : Fly : Bee
Options- A. Termite
- B. Insect
- C. Lizard
- D. Small Discuss
- 10. NA
Options- A. Radium
- B. Thorium
- C. Sodium
- D. Uranium Discuss
More questions
Correct Answer: Mustard
Explanation:
All except Mustard are foodgrains, while mustard is an oilseed.
Correct Answer:
Explanation:
In all the numbers except 383, the middle digit is the product of the other two digits.
Correct Answer: 83
Explanation:
All are multiple of 3 except 83.
Correct Answer: 112
Explanation:
As, 16:56 = (2/7)
Similarly, 32:112:(2/7)
Correct Answer: 6
Explanation:
24 ? 2 x 4 = 8
32 ? 3 x 2 = 6
Correct Answer: Unfit
Explanation:
'Uneasy' and 'Quiet' are opposite to each other. Likewise, 'Fit' and 'Unfit' are opposite to each other
Correct Answer: Belief
Explanation:
Belief is a different word from others.
Correct Answer: Neither conclusion I nor conclusion Ii follows.
Explanation:
It is not necessary that A is a clerk though he is poor.
Correct Answer: Insect
Explanation:
All are insects.
Correct Answer: Sodium
Explanation:
Except 'Sodium' all other are radioactive.
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