Q:

In December 2017, SEBI tightened rating agency norms. The net worth requirement for rating agencies has now been increased from Rs 5 crore to ______.

A) Rs 10 crore	B) Rs 15 crore
C) Rs 20 crore	D) Rs 25 crore

Answer & Explanation Answer: D) Rs 25 crore

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

According to the Election Commission of India, in order to be recognized as a ‘National Party’, a political party must be treated as a recognized political party in how many States?

A) At least two States	B) At least three States
C) At least four States	D) At least five States

Answer & Explanation Answer: C) At least four States

Explanation:

Trinamool Congress became the 7th political party to be recognized as a National Party in September 2016.

Conditions for Recognition as a National Party

1. Secure at least 6% of the valid vote in an Assembly or a Lok Sabha General Election in any four or more states and won at least 4 seats in a Lok Sabha General Election from any State or States.

2. Win at least 2% of the total Lok Sabha seats in a Lok Sabha General Election and these seats have to be won from at least 3 states.

3. The party is recognized as a State Party in at least four states.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 26 July 2017, the Parliament passed the Collection of Statistics (Amendment) Bill, 2017. This Bill extends jurisdiction of the act to which state?

A) Manipur	B) Assam
C) Jammu and Kashmir	D) Nagaland

Answer & Explanation Answer: C) Jammu and Kashmir

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

2, 7, 14, 23, 34, ?

A) 47	B) 39
C) 42	D) 46

Answer & Explanation Answer: A) 47

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

In which year was Nationalist Congress Party (NCP) founded?

A) 1949	B) 1999
C) 1972	D) 1997

Answer & Explanation Answer: B) 1999

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Kautilya was the Prime Minister of

A) Chandragupta Vikramaditya	B) Ashok
C) Chandragupta Maurya	D) King Kanak

Answer & Explanation Answer: C) Chandragupta Maurya

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who is called as 'Bismarck of India'?

A) Jawaharlal Nehru	B) Vallabhai Patel
C) Sarojini Naidu	D) Lokamanya Tilak

Answer & Explanation Answer: B) Vallabhai Patel

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

If X and Y are the two digits of the number 347XY such that the number is completely divisible by 80, then what is the value of X + Y?

A) 2	B) 4
C) 6	D) 8

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