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Q:

While selling a shirt, a shopkeeper gives a discount of 7%. If he gives discount of 9% he earns Rs. 15 less on profit. The market price of the shirt is :­

A) 712 B) 787
C) 750 D) 697
 
Answer & Explanation Answer: C) 750

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

Akbar (1556–1605 AD) was the ruler of which dynasty?

A) Nanda B) Maurya
C) Mughal D) Haryanka
 
Answer & Explanation Answer: C) Mughal

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

______________ scheme was launched by the Central Government to give financial services to weaker section of society.

A) Sukanya Samridhi Yojana B) Bal Swachta Mission
C) Pradhan Mantri Jan Dhan Yojana D) Beti Bachao Beti Padhao Yojana
 
Answer & Explanation Answer: C) Pradhan Mantri Jan Dhan Yojana

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is the full form of the Indian Political Party, "CPI"?

A) Common Party of India B) Commonly Party of India
C) Communist Party of India D) Community Party of India
 
Answer & Explanation Answer: C) Communist Party of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The Attorney General of India is appointed by whom?

A) Prime Minister of India B) Law Minister of India
C) Chief Justice of India D) President of India
 
Answer & Explanation Answer: D) President of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is Cash Reserve Ratio?

A) Deposits of banks in government securities B) Rate at which banks borrow funds from the RBI
C) Deposits (as cash) which banks have to keep/maintainwith the RBI D) Rate at which RBI borrows money from the banks
 
Answer & Explanation Answer: C) Deposits (as cash) which banks have to keep/maintainwith the RBI

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both. 

A)  USD 3,00,000   B)  USD 3,50,000  
C)  USD 2,00,000   D)  USD 2,50,000  
 
Answer & Explanation Answer: D)  USD 2,50,000  

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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Q:

 The difference between exports and imports is called-? 

A) assets and liabilities  B) balance of payment 
C) GDP  D) balance of trade 
 
Answer & Explanation Answer: D) balance of trade 

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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