Questions

Q:

Which one of the following is the maximum age of joining National Pension System (NFS) under the NFS Private Sector?

 

A) 55 years B) 60 years
C) 65 years D) 70 years
 
Answer & Explanation Answer: C) 65 years

Explanation:

In continuance of the several initiatives under taken by Pension Fund Regulatory and Development Authority (PFRDA) during the last few years to increase the pension coverage in the country, PFRDA has now increased the maximum age of joining under NPS-Private Sector (i.e. All Citizen and Corporate Model) from the existing 60 years to 65 years of age.

Now, any Indian Citizen, resident or non-resident, between the age of 60-65 years, can also join NPS and continue up to the age of 70 years in NPS. With this increase of joining age, the subscribers who are willing to join NPS at the later stage of life will be able to avail the benefits of NPS.

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The modes of action are _____ in science and religion. Science relies on experiment, whereas religion is based on experience. Any religious _____ whether it is Christ’s or Ramakrishna’s is personal and _____ . Science, on the other hand is marked by objectivity. Theory has to be corroborated by _____ proof providing material comforts. The frontiers of science do not end in knowledge but are _____ to the formation of appliances for actual use.

whereas religion is based on experience. Any religious _____ whether

A) experience B) thought
C) festival D) activity
 
Answer & Explanation Answer: A) experience

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?

A) (i), (ii) and (iii) B) (i), (iii) and (iv)
C) (i), (ii) and (iv) D) (i), (ii), (iii) and (iv)
 
Answer & Explanation Answer: C) (i), (ii) and (iv)

Explanation:

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ‘mined’, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol –the rules that make bitcoin work –say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

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Filed Under: Indian Economy

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Q:

The second Green Revolution aims at increasing agricultural output to promote

A) Availability of easy credit to big farmers B) Co-operative farming
C) Inclusive growth D) Development of rural sector
 
Answer & Explanation Answer: C) Inclusive growth

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

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Q:

Which is the longest bone in the human body?

A) Fibula B) Radius
C) Stapes D) Femur
 
Answer & Explanation Answer: D) Femur

Explanation:
The femur is also the longest bone in the human body. By most measures the femur is the strongest bone in the body.
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following classes of animals has/have three-chambered heart?

A) Pisces and Amphibia B) Amphibia and Reptilia
C) Reptilia only D) Amphibia only
 
Answer & Explanation Answer: B) Amphibia and Reptilia

Explanation:

Mammalian and avian hearts have four chambers two atria and two ventricles.Amphibians and reptiles, by contrast, have a three-chambered heart. The three-chambered heart consists of two atria and one ventricle.Fish possess the simplest type of true heart a two-chambered organ composed of one atrium and one ventricle.

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, four words are given out of which one word is incorrectly spelt. Find the incorrectly spelt word.

A) Forfeit B) Gorilla
C) Blissfull D) Corrupt
 
Answer & Explanation Answer: C) Blissfull

Explanation:
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Filed Under: English
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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

Your services are dispensed for.

A) from B) with
C) off D) no improvement
 
Answer & Explanation Answer: C) off

Explanation:

‘dispensed’ should be followed by ‘off’. Dispensed off means given away, therefore the sentence means that his services are no longer needed.

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Filed Under: English
Exam Prep: Bank Exams

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