Questions

Q:

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


We are ____ in a time of great and _____changes. The most obvious _____of the modern world is the _____development of science and technology. This has given man a deeper _____of nature.


We are ____ in a time of great

A) existing B) living
C) surviving D) alive
 
Answer & Explanation Answer: B) living

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.


The public sector banks are witnessing in india a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.

 

What would happen if novel and pragmatic techniques are ignored?

A) It will put the banks in danger. B) It will undermine the banks social commitment.
C) It will reveal the untapped talent. D) It will result in inefficient portfolio management.
 
Answer & Explanation Answer: A) It will put the banks in danger.

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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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Q:

Recently, Prime Minister Narendra Modi has inaugurated the 60-megawatt Tuirial Hydroelectric power project. The project is being constructed in which of the following state?

A) Sikkim B) Assam
C) Meghalaya D) Mizoram
 
Answer & Explanation Answer: D) Mizoram

Explanation:

The 60-megawatt Tuirial Hydroelectric power project has been inaugurated by PM from Aizawal, Mizoram. Now Mizoram has become third power-surplus state in North-East after Sikkim and Tripura.Note: Tuirial Dam is an earth fill and gravity dam near Kolasib in the state of Mizoram in India.

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Q:

The BRICS New Development Bank (NDB) has been set up for

A) Funding infrastructure projects in emerging economics for sustainable development B) Funding non-infrastructure projects in emerging economics for sustainable development
C) Funding infrastructural projects in developed countries D) Funding infrastructural projects in BRICS countries only
 
Answer & Explanation Answer: A) Funding infrastructure projects in emerging economics for sustainable development

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Q:

What is the maximum number of Members of the Rajya Sabha?

A) 150 B) 200
C) 250 D) 300
 
Answer & Explanation Answer: C) 250

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Filed Under: Indian Politics
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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:

Which Indian Bank co-launched a Contactless debit card along with Japan's JCB International?

A) Punjab National Bank B) State Bank of India
C) HDFC Bank D) Axis Bank
 
Answer & Explanation Answer: B) State Bank of India

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