Questions

Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme B) Liberalised Remittance Scheme
C) Liberalised Remittance Source D) Liberalised Revenue Scheme
 
Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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Q:

Which of the following contributes the maximum earning in Indian Railways?

A) Passenger Earning B) Goods Traffic Earning
C) Sundry Earning D) Other Coach Earning
 
Answer & Explanation Answer: B) Goods Traffic Earning

Explanation:
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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Forcsable B) Foreseeable
C) Fourseeable D) Foreseable
 
Answer & Explanation Answer: B) Foreseeable

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
Both taciturn and _____ , Daniel seldom spoke and never spent money.

A) wary B) cheap
C) discreet D) miserly
 
Answer & Explanation Answer: D) miserly

Explanation:
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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.

 

The host asked, "Did you come by train?"

A) The host asked whether I have come by train. B) The host asked whether I had come by train.
C) The host asked in case I have come on train. D) The host asked in case I have come by train.
 
Answer & Explanation Answer: B) The host asked whether I had come by train.

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

He is not a native speaker yet he has a good __________ over German.

A) authority B) hold
C) command D) expertise
 
Answer & Explanation Answer: C) command

Explanation:
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Q:

A sentence has been given in Direct/Indirect Speech.  Out of the four given alternatives, select the one which best expresses the same sentence inIndirect/Direct Speech.

Sita said, “Will he listen to such a man?”

A) Sita said would we listen to such a man. B) Sita ask if he would listen to such a man.
C) Sita said would I listen to such a man. D) Sita asked whether he would listen to such a man.
 
Answer & Explanation Answer: D) Sita asked whether he would listen to such a man.

Explanation:
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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'.

He was such a (1)/ wonderful person (2)/ into so many ways. (3)/No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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