Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata	B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore	D) Mumbai, Kolkata, Hyderabad, NOIDA

Answer & Explanation Answer: D) Mumbai, Kolkata, Hyderabad, NOIDA

Explanation:

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Exam Prep: Bank Exams

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Q:

In August 2017, which bank allowed India to construct Ratle Hydroelectric project which was opposed by Pakistan?

A) bank of England	B) World Bank
C) International Bank for Reconstruction and development (IBRD)	D) Asian Development Bank

Answer & Explanation Answer: B) World Bank

Explanation:

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Exam Prep: Bank Exams

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Q:

If two coulomb of charge flows through any cross-section of a conductor in one second, what will be the current flowing through it?

A) 1 Ampere	B) 1/2 Ampere
C) 1/4 Ampere	D) 2 Amperes

Answer & Explanation Answer: D) 2 Amperes

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Linking traditional American Native stories	B) to historic records of a Japanese tsunami
C) was considered an exception, not the start	D) of a fruitful geological collaboration.

Answer & Explanation Answer: A) Linking traditional American Native stories

Explanation:

In 1 part, use of 'Native' after ‘American’ is incorrect. Also ‘traditional’ should come before ‘stories’. Native is an adjective that is used here for American and not stories. So native will come before American. Traditional is used as an adjective for stories. This is a case of misplaced modifiers.Hence 1 is the correct choice.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.
I will write an essay.

A) An essay will have been written by me.	B) An essay will be written by me.
C) An essay has been written by me.	D) An essay had been written by me.

Answer & Explanation Answer: B) An essay will be written by me.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?

A) 4.20%	B) 3.20%
C) 2.20%	D) 4.00%

Answer & Explanation Answer: B) 3.20%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is an octroi ?

A) Tax	B) Tax collection centre
C) Tax processing centre	D) Tax information centre

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