Q:

______________ scheme was launched by the Central Government to give financial services to weaker section of society.

A) Sukanya Samridhi Yojana	B) Bal Swachta Mission
C) Pradhan Mantri Jan Dhan Yojana	D) Beti Bachao Beti Padhao Yojana

Answer & Explanation Answer: C) Pradhan Mantri Jan Dhan Yojana

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Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both.

A) USD 3,00,000	B) USD 3,50,000
C) USD 2,00,000	D) USD 2,50,000

Answer & Explanation Answer: D) USD 2,50,000

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Q:

When does solar eclipse take place ?

A) When the sun is between the moon and earth	B) When the earth is between the moon and sun
C) When the moon is between the sun and earth	D) When the moon does not lie on the line joining the sun and earth

Answer & Explanation Answer: C) When the moon is between the sun and earth

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Q:

Earth is the _______ planet from the Sun.

A) First	B) Third
C) Fifth	D) Seventh

Answer & Explanation Answer: B) Third

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Q:

Which of the following minerals is not found in the plateau regions?

A) Coal	B) Iron ore
C) Mineral oil	D) Manganese

Answer & Explanation Answer: C) Mineral oil

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Q:

Transperancy International (TI) has put India at rank ___ out of 168 countries in its Competition Perception Index as on January 2016.

A) 68	B) 76
C) 84	D) 101

Answer & Explanation Answer: B) 76

Explanation:

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Q:

Election Commission is not concerned with which of the following elections?

A) Election of President of India	B) Elections of Parliament
C) Elections of State Legislature	D) Elections of Panchayats

Answer & Explanation Answer: D) Elections of Panchayats

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Q:

What is Cash Reserve Ratio?

A) Deposits of banks in government securities	B) Rate at which banks borrow funds from the RBI
C) Deposits (as cash) which banks have to keep/maintainwith the RBI	D) Rate at which RBI borrows money from the banks

Answer & Explanation Answer: C) Deposits (as cash) which banks have to keep/maintainwith the RBI

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