Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer.

A) Rs 1,00,000	B) Rs 2,00,000
C) Rs 50,000	D) Rs 5,00,000

Answer & Explanation Answer: A) Rs 1,00,000

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

0 872

Q:

Prahaar' is

A) a battle tank	B) a surface-to-surface missile
C) an aircraft carrier	D) a submarine

Answer & Explanation Answer: B) a surface-to-surface missile

Explanation:

The Prahaar is a short-range, solid propellant, road-mobile ballistic missile designed for tactical strikes against close range targets.It is a surface to surface missile. Prahaar is expected to replace the Prithvi-I short-range ballistic missile in Indian service.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Potato is a ?

A) Root	B) Stem
C) Bud	D) Fruit

Answer & Explanation Answer: B) Stem

Explanation:

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Filed Under: General Science

2 872

Q:

Which of the following statements is/are correct regarding the Preamble of the Indian Constitution?

1.The Preamble by itself is not enforceable in a Court of Law.

2.The preamble states the objectives which the Constitution seeks to establish and promote.

3.The Preamble indicates the source from which the Constitution derives its authority.

Select the correct answer using the code given below.

A) 1, 2 and 3	B) 1 and 2 only
C) 1 and 3 only	D) 2 only

Answer & Explanation Answer: A) 1, 2 and 3

Explanation:

All are correct. Preamble is non-justiciable in nature i.e. its provisions are not enforceable in court of law. Preamble is neither a source of power to legislature nor a prohibition upon the powers of legislature.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The movement Objections Resolution to guide the deliberations of the Assembly was started by

A) Jawaharlal Nehru	B) Kiran Desai
C) K Natwar Singh	D) K.M. Munshi

Answer & Explanation Answer: A) Jawaharlal Nehru

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which among the following is not an instrument of fiscal policy?

A) Taxation	B) Public expenditure
C) Public debt	D) Credit Rationing

Answer & Explanation Answer: D) Credit Rationing

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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.

Vivekananda dared to attempt to ______ all that was rotting in Indian society and to enrich and learn from all that was noble.

A) create	B) sustain
C) derive	D) revamp

Answer & Explanation Answer: D) revamp

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Plant tissues are of how many types?

A) 3	B) 2
C) 5	D) 6

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