Questions

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

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Q:

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

sums of money expressed in a specified monetary unit

A) to denominate B) to monetise
C) to nominate D) demarche
 
Answer & Explanation Answer: A) to denominate

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

He gives everyone _________ the class opportunities for practice.

A) at B) in
C) of D) on
 
Answer & Explanation Answer: B) in

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

Be in the red

A) To be very angry B) Close to death
C) To be in debt D) Always energetic
 
Answer & Explanation Answer: C) To be in debt

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

Another marvel on the far side of the lake was a little farm that felt like a secret in the city. Some of the gaunt Karnataka labourers even looked away when children came to dig and eat. But the greatest pleasure, this side of the lake, was the jamun tree. A few months back, Kalu and Sunil had a feast in the branches, shaking down a few berries for Mirchi.

That's when they came to know the second-coolest thing about the jamun tree : There were parrots nesting in it. Since then, some other road boys had been capturing the parrots one by one to sell at the Marol Market, but Sunil had brought Kalu around to the belief that the birds should be left as they were. Sunil listened for their squawks each morning, to make sure they hadn't been abducted in the night.

Kalu's expertise was in the recycling bins inside airline catering compounds. Private waste collectors emptied these dumpsters on a regular basis, but Kalu had mastered the trash truck's schedules. The night before pickup, Kalu would climb over the barbed-wire fences and raid the overflowing bins.

Kalu's routine had become known by the local police, however. He kept getting caught, until some constables proposed a different arrangement. Kalu could keep his metal scrap if he'd pass on information he picked up on the road about local drug dealers.


What was the greatest pleasure this side of the lake?

A) A secret farm B) The Jamun tree
C) Feasting on the branches of the Jamun tree D) Labourers looking away when the children came to dig and eat
 
Answer & Explanation Answer: B) The Jamun tree

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

Shall I sit between you at the concert?

A) beside B) besides
C) next D) No Improvement
 
Answer & Explanation Answer: A) beside

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 phrase.

A soldier or sailor, who rebels or refuses to obey the orders of a person in authority.

 

A) radical B) anarchist
C) mutineer D) revolutionary
 
Answer & Explanation Answer: C) mutineer

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


Decisions that profoundly _________________ not only the present __________________ succeeding generations, should not be taken in a ______________, or through one­time referendums. This is basic political common ________________. But in a voter turnout of 72.2 per cent, 51.9 per cent decided that Britain should exit the European Union (EU). The ___________________ of the Brexit vote are painfully clear.


not only the present __________________ succeeding generations,

 

A) even the B) but even the
C) however also D) but also
 
Answer & Explanation Answer: D) but also

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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