1.  The rate at which the domestic currency can be converted into foreign currency and vice versa is known as

a

  Exchange rate

b

 MIBOR

c

 Inter-bank Call money rate

d

 Base rate

e
LIBOR
Answer & Explanation
Answer : Option A

2.  Which of the following is the another name for a preprogrammed formula in Excel?

a

  Range

b

 Graph

c

 Function

d

 Cell

e
None of these
Answer & Explanation
Answer : Option C

3.  A compiler translates a program written in a high-level language into?

a

  Machine language

b

 An algorithm

c

 A debugged program

d

 Java

e
None of these
Answer & Explanation
Answer : Option A

4.  The ability to exchange information through the use of computer equipment and software is:

a

  Data entry

b

 The Internet

c

 Data retrieval

d

 Electronic communication

e
None of these
Answer & Explanation
Answer : Option E

5.  Using output devices one can

a

  input data

b

 store data

c

 scan data

d

 view or print data

e
None of these
Answer & Explanation
Answer : Option D

6.  In a bank which of the following are the usual types of accounts?

a

  Saving accounts, Electricity accounts and Insurance premium accounts

b

 Fixed deposits, Post office savings bank accounts and Current deposit accounts

c

 Current accounts, Savings bank accounts and Term deposit accounts

d

 Loan accounts, Savings bank accounts and Term deposit accounts

e
Current bill accounts and term deposit accounts
Answer & Explanation
Answer : Option C

7.  SAARC headoffice is located in?

a

  Newyork

b

 Kathamandu

c

 Geneva

d

 New Delhi

e
None of these
Answer & Explanation
Answer : Option B

8.  Market share can be increased by

a

  increasing the number of sales persons

b

 increasing the sales volume

c

 increasing the products

d

 increasing production

e
rewriting profits
Answer & Explanation
Answer : Option B

9.  Who is the author of The Kite Runner ?

a

  Khaled Hosseini

b

 Honi Werner

c

 Elham Ehsas

d

 Parvez Yousuf

e
Mazid Mosaidi
Answer & Explanation
Answer : Option A

10.  Computers send and receive data in the form of ______ signals

a

  analog

b

 digital

c

 modulated

d

 demodulated

e
All of these
Answer & Explanation
Answer : Option B

11.  Which of the following categories of advance accounts is not an NPA?

a

  Standard account

b

 Substandard account

c

 Doubtful account

d

 Loss account

e
All the above
Answer & Explanation
Answer : Option A

12.  Which of the following terms refers to the ability of a computer to automatically configure a new hardware component that is added to it?

a

  Formatting

b

 Multiprocessing

c

 Multiprogramming

d

 Multitasking

e
Plug and Play
Answer & Explanation
Answer : Option E

13.  The name that the user gives to a document is referred to as

a

  document name

b

 filename

c

 name given

d

 document identity

e
file id
Answer & Explanation
Answer : Option B

14.  Digital photos and scanned images are typically stored as ________ graphics with extension such as .bmp, .png, .jpg, .tif or .gif.

a

  vector

b

 bitmap

c

 either vector or bitmap

d

 neither vector nor bitmap

e
None of these
Answer & Explanation
Answer : Option B

15.  ________is the maximum amount of data that can be stored on a storage medium.

a

  Magnetic storage

b

 Optical storage

c

 Solid-state storage

d

 Storage capacity

e
None of these
Answer & Explanation
Answer : Option D

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