4071: The difference between the simple interest received from two banks on Rs. 500 for two years is Rs. 2.50. What is the difference between their rates ?
(A) 0.25%
(B) 0.5%
(C) 1%
(D) 2.5%
4072: Read the following passage and answer the question that follow passage. Your answers to the question should be based on the passage only.
Passage:
The poor especially in market economies, need the strength that collectivities offer for creating more economic, social and political space for themselves, for enhancing their socio-economic well-being and voice, and as a protection against free market individualism. It has been argued that a group approach to farming, especially in the form of bottom up agricultural production collectivities, offers substantial scope for poverty alleviation and empowering the poor as well as enhancing agricultural productivity. To realise this potential, however, the groups would need to be voluntary in nature, small in size, participative in decision making and equitable in work sharing and benefit distribution. There are many notable examples of such collectivities to be found in varied contexts, such as in the transition economies. All of them bear witness to the possibility of successful cooperation under given conditions. And although the gender impact of the family cooperatives in the transition economies are uncertain, the Indian examples of women-only groups farming offer considerable potential for benefiting women.
Q. Consider the following assumptions:
1. It is imperative for transition economies to have agricultural collectivities.
2. Agricultural productivity can be increased by group approach to farming.
With reference to the above passage, which of these assumptions is/are valid?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
4073: Which one of the following best describes the term "Merchant Discount Rate" sometimes seen in news ?
(a) The incentive given by a bank to a merchant for accepting payments through debit cards pertaining to that bank.
( b) The amount paid back by banks to their customers when they use debit cards for financial transactions for purchasing goods or services.
(c) The charge to a merchant by a bank for accepting payments from his customers through the bank's debit cards.
(d) The incentive given by the Government, to merchants for promoting digital payments by their customers through Point of Sale (PoS) machines and debit cards.
4074: Two ladies simultaneously leave cities A and B connected by a straight road and travel towards each other. The first lady travels 2 km/hr faster than the second lady and reaches B one hour before the second lady reaches A. The two cities A and B are 24 km apart. How many kilometers does each lady travel in one hour?
(a) 5 km, 3 km
(b) 7 km, 5 km
(c) 8 km, 6 km
(d) 16 km, 14 km
4075: Consider the following statements :
I. Most magmas are a combination of liquid, solid and gas.
II. Water vapour and carbon dioxide are the principal gases dissolved in a magma.
III. Basaltic magma is hotter than the silicic magma.
IV. The magma solidified between sedimentary rocks in a horizontal position is known as dike.
Which of these statements are correct ?
(a) I, II and III
(b) II, III and IV
(c) I and IV
(d) I, II and IV