Questions

Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI D) Ratio of real to nominal GNP
 
Answer & Explanation Answer: A) Ratio of nominal to real GDP

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What was the major decision that took place in 1987 Montreal Conference?

A) Developed countries will completely ban CFC production by 2000 B) Developed countries will completely ban CFC production by 2010
C) Developing countries will completely ban CFC production by 2000 D) Developing countries will completely ban CFC production by 2020
 
Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Sundarbans Tiger Reserve is in which state?

A) Orissa B) Andhra Pradesh
C) Assam D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

backseat driver

A) A person who keeps giving advice to others for things that they are not responsible B) The one who is sitting in the back seat behaves like a boss
C) The real power lies in the hands of those who control the strings D) The puppet dances to the actions of the puppeteer
 
Answer & Explanation Answer: A) A person who keeps giving advice to others for things that they are not responsible

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , CAT

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

an axe to grind

 

A) preparing for a fight B) to have a problem with something or someone
C) some important task to do D) one's skill should always be practiced or their edge becomes blunt
 
Answer & Explanation Answer: B) to have a problem with something or someone

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Destruction or slaughter on a mass scale

 

A) Enshrine B) Cenotaph
C) Opulent D) Holocaust
 
Answer & Explanation Answer: D) Holocaust

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


In short, to write a good letter you must approach the job in the lightest and most casual way. You must be personal, not abstract. You must not say, 'This is too small a thing to put down'. You must say, 'This is just the sort of small thing we talk about at home. If I tell them this they will see me, as it were they'll hear my voice, they'll know what I'm talking about'. That is the purpose of a letter. Carlyle had the trick to perfection. He is writing from Scotsbrig to his brother Alec in Canada and he begins talking about his mother. Good old Mother, he says, 'she is even now sitting at my back, trying at another table to write you a small word with her own hand; the first time she has tried such a thing for a year past. It is Saturday night, after dark; we are in the east room in a hard, dry evening with a bright fire to our two selves; Jenny and her Barns are 'scouring up things' in the other end of the house; and below stairs the winter operations of the farm go on, in a subdued tone; you can conceive the scene! How simple it is and yet how perfect. Can not you see Alec reading it in his far-off home and his eyes moistening at the picture of his old mother sitting and writing her last message to him on earth?

 

The recipient of your letter should ________.

 

A) use a lot of imagination B) know what you are talking about
C) get distracted when reading your letter D) find it difficult to understand your letter
 
Answer & Explanation Answer: B) know what you are talking about

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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