General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
4281
What does NASDAQ stand for?
Answer:
National Association of Securities Dealers Automated Quotations
NASDAQ stands for National Association of Securities Dealers Automated Quotations. It is an American stock exchange based in New York City.
4282
What does FOREX stand for?
Answer:
Foreign Exchange
FOREX stands for Foreign Exchange. It is the global marketplace for exchanging national currencies against one another.
4283
What does L/C stand for in trade finance?
Answer:
Letter of Credit
L/C stands for Letter of Credit. It is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.
4284
What does CIF stand for in trade?
Answer:
Cost, Insurance, and Freight
CIF stands for Cost, Insurance, and Freight. It is an expense paid by a seller to cover the costs, insurance, and freight of a buyer's order.
4285
What does FOB stand for in shipping?
Answer:
Free on Board
FOB stands for Free on Board. It indicates that the price for goods includes delivery at the seller's expense to a specified point and no further.
4286
What does NPA stand for in banking?
Answer:
Non-Performing Asset
NPA stands for Non-Performing Asset. It refers to a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.
4287
What does LIBOR stand for?
Answer:
London Interbank Offered Rate
LIBOR stands for London Interbank Offered Rate. It was a benchmark interest rate at which major global banks lent to one another in the international interbank market.
4288
What does APR stand for?
Answer:
Annual Percentage Rate
APR stands for Annual Percentage Rate. It is the annual rate charged for borrowing or earned through an investment.
4289
What does NAV stand for?
Answer:
Net Asset Value
NAV stands for Net Asset Value. It represents the value per share of a mutual fund or an exchange-traded fund (ETF).
4290
What does ETF stand for?
Answer:
Exchange Traded Fund
ETF stands for Exchange Traded Fund. It is a type of investment fund and exchange-traded product that tracks a sector, index, commodity, or other asset.