Questions

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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Filed Under: General Awareness
Exam Prep: Bank Exams

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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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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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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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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:

Why do atoms bond?

A) To reduce potential energy and gain stability B) To make atoms
C) To increase potential energy and lose stability D) To increase potential energy and gain stability
 
Answer & Explanation Answer: A) To reduce potential energy and gain stability

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following gases turns lime water milky?

A) O3 B) CO2
C) O2 D) CO
 
Answer & Explanation Answer: B) CO2

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Filed Under: Indian Economy
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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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