Questions

Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who decides disputes regarding disqualification of members of Parliament?

A) The Supreme Court B) The Election Commission
C) The Prime Minister in Consultation with the Election Commission D) The President in Consultation with the Election Commission
 
Answer & Explanation Answer: D) The President in Consultation with the Election Commission

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

_________ can give the Union parliament power to make laws on matters included in the State list.

A) Ministry of Defence B) Prime Minister's Office
C) Securities and Exchange Board of India D) Rajya Sabha
 
Answer & Explanation Answer: D) Rajya Sabha

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

East India Company was established in ________.

A) 1400 B) 1500
C) 1600 D) 1700
 
Answer & Explanation Answer: C) 1600

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Chachnama records the history of which conquest?

A) Kushanas B) Hunas
C) Arabs D) Greeks
 
Answer & Explanation Answer: C) Arabs

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which of the following languages   has been used by Surdas in his writings?

A) Awadhi B) Khariboli
C) Braj D) Bundeli
 
Answer & Explanation Answer: C) Braj

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Deepika Kumari is associated with which of the following sports?

A) Archery B) Gymnastics
C) Badminton D) Athletics
 
Answer & Explanation Answer: A) Archery

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Who Invented water turbine?

A) Enrico Fermi B) Adolf Gaston Eugen Fick
C) Sandford Fleming D) Benoit Fourneyron
 
Answer & Explanation Answer: D) Benoit Fourneyron

Explanation:
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Filed Under: Inventions
Exam Prep: Bank Exams

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