Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata	B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore	D) Mumbai, Kolkata, Hyderabad, NOIDA

Answer & Explanation Answer: D) Mumbai, Kolkata, Hyderabad, NOIDA

Explanation:

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Q:

The oldest form of cultivation in Sri Lanka is known as

A) Ladang	B) Chena
C) Jhumming	D) Tamarai

Answer & Explanation Answer: B) Chena

Explanation:

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Q:

In October 2017, the biggest ever highway project was launched in India. It aims to develop approximately how many kilometers of roads by year 2022?

A) 65000	B) 83000
C) 1,00,000	D) 50000

Answer & Explanation Answer: B) 83000

Explanation:

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Q:

The energy which we get from food is measured in

A) Calories	B) Kelvin
C) Fat	D) Amperes

Answer & Explanation Answer: A) Calories

Explanation:

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Q:

Which institution is to provide USD 304 million loan to Assam to enhance Inter-state Power Transmission Project?

A) AIIB	B) World Bank
C) New Development Bank	D) ADB

Answer & Explanation Answer: A) AIIB

Explanation:

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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram	B) Nagaland
C) Meghalaya	D) Arunachal Pradesh

Answer & Explanation Answer: A) Mizoram

Explanation:

Scheduled Tribes

State with highest proportion of Scheduled Tribes Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes Goa (0.04 %)

UT with highest proportion of Scheduled Tribes Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes A & N Islands (8.3 %)

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Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return	B) Savings Lease Rate
C) Statutory Liquidity Ratio	D) Safe Legal Range

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