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:

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:

Which among the following is NOT an event during the photosynthesis process?

A) Absorption of light energy by chlorophyll	B) Conversion of light energy to chemical energy
C) Splitting of water molecules into hydrogen and oxygen	D) Oxidation of carbon dioxide to carbohydrates

Answer & Explanation Answer: D) Oxidation of carbon dioxide to carbohydrates

Explanation:

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Q:

Preserved traces of living organisms retained in the form of impressions of the body parts in the soil are called ______.

A) specimen	B) fossils
C) antique	D) phylogeny

Answer & Explanation Answer: B) fossils

Explanation:

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Q:

Vernal Equinox occurs on

A) June 22	B) March 20
C) May 20	D) June 20

Answer & Explanation Answer: B) March 20

Explanation:

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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan	B) Bangladesh
C) India	D) China

Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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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:

Who appoints the members of the State Public Service Commission ?

A) Chief Minister	B) Governor
C) Chief Justice	D) Vice President

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