Q:

FERA stands for

A) Foreign Exchange Regulation Agency	B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act	D) Foreign Exchange Regulation Act

Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

It came into existence in 1973.
FERA lays emphasis on the regulation of currencies.

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Filed Under: General Awareness
Exam Prep: Bank Exams

3 731

Q:

Which cricket player recently became the 6th Indian to take 300 wickets in test cricket?

A) Bhuvanesh Kumar	B) Jasprit Bumrah
C) Ishant Sharma	D) Ravichandran Ashwin

Answer & Explanation Answer: C) Ishant Sharma

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

If $x = \frac{2 + \sqrt{3}}{2 - \sqrt{3}}$ , then what is the value of x+1/x ?

A) 14	B) 8
C) 0	D) 1

Answer & Explanation Answer: A) 14

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good	B) Giffin good
C) Inferior good	D) Normal good

Answer & Explanation Answer: A) Superior good

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50%	B) 3.00%
C) 3.50%	D) 4.00%

Answer & Explanation Answer: A) 2.50%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly.	B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border	D) all the above

Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.

Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following metals is found in free state?

A) Sodium	B) Gold
C) Potassium	D) Calcium

Answer & Explanation Answer: B) Gold

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In a water molecule, the ratio of mass of Hydrogen to the mass of Oxygen is always:

A) 8:1	B) 7:1
C) 1:7	D) 1:8

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