Questions

Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

In December 2017, who launched project ‘DARPAN’ (Digital Advancement of Rural Post Office for a New India)?

 

A) Jayant Sinha B) Manoj Sinha
C) Ravi Shankar Prasad D) Prakash Javadekar
 
Answer & Explanation Answer: B) Manoj Sinha

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

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Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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

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Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958 B) April, 1959
C) April, 1995 D) April, 1957
 
Answer & Explanation Answer: D) April, 1957

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

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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.

 

To spill the beans

 

A) To reveal secret information unintentionally B) To lose inherited wealth
C) To spread rumours to intentionally harm someone D) To spend away hard earned savings
 
Answer & Explanation Answer: A) To reveal secret information unintentionally

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

Aunt said to mother, "I will be in Surat on Friday."

 

A) Aunt told mother that she will be in Surat on Friday. B) Aunt told mother she would be in Surat on Friday.
C) Aunt told mother she will be in Surat on Friday. D) Aunt told mother that she would be in Surat on Friday.
 
Answer & Explanation Answer: D) Aunt told mother that she would be in Surat on Friday.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

There is renewed sense(A)/of urgency in(B)/completing the project.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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