Q:

What is Damodar Valley Corporation ?

A) Statutory body	B) Municipal Corporation looking after Damodar Valley
C) A private enterprise located in Bihar	D) A non government organisation

Answer & Explanation Answer: A) Statutory body

Explanation:

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Q:

The outermost layer of the earth's atmosphere is _______.

A) stratosphere	B) troposphere
C) mesosphere	D) exosphere

Answer & Explanation Answer: D) exosphere

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Filed Under: General Science
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Q:

Haustoria or sucking roots are found in which of the following?

A) Wheat	B) Mango
C) Chestnut	D) Cuscuta

Answer & Explanation Answer: D) Cuscuta

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Q:

The members of the Rajya Sabha are elected by

A) Elected members of the Legislative Assembly	B) Elected members of Legislative Council
C) The people	D) Lok Sabha

Answer & Explanation Answer: A) Elected members of the Legislative Assembly

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Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme	B) Liberalised Remittance Scheme
C) Liberalised Remittance Source	D) Liberalised Revenue Scheme

Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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Q:

Which country topped the list on "World Happiness Index", 2015 published by the sustainable Development Solutions Network (SDSN)?

A) Bhutan	B) Switzerland
C) Iceland	D) Norway

Answer & Explanation Answer: B) Switzerland

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

Cap in hand

A) Defiant	B) Screaming
C) Well behaved	D) In a respectful manner

Answer & Explanation Answer: D) In a respectful manner

Explanation:

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Rise and shine

A) Work hard and succeed in life	B) An expression used when waking someone up
C) Try harder to overcome life's problems	D) Be of spotless character

Answer & Explanation Answer: B) An expression used when waking someone up

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