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:

On 10 April 2017, Lok Sabha Passed the Motor Vehicles Act (Amendment) Bill, 2016. Under the new provisions, government will develop a scheme forcashless treatment of road accident victims during ______.

A) Silver hour	B) Platinum hour
C) Diamond hour	D) Golden hour

Answer & Explanation Answer: D) Golden hour

Explanation:

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Q:

Who was the first woman president of Indian National Congress in pre-Independent India?

A) Vijayalakshmi Pandit	B) Sarojini Naidu
C) Annie Besant	D) Madam Cama

Answer & Explanation Answer: C) Annie Besant

Explanation:

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Q:

In August 2017, the Government of India decided to launch a new scheme named “AGEY”. This new scheme is a part of the Deen Dayal Antyodaya Yojna– National Rural Livelihood Mission (DAY-NRLM). What does ‘E’ stand for in ‘AGEY’?

A) Enterprise	B) Energy
C) Express	D) Engineering

Answer & Explanation Answer: C) Express

Explanation:

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Q:

A serial port can

A) only transfer information from a hard drive	B) only transfer information to a hard drive
C) transfer information both to and from a hard drive	D) neither transfer information from nor to a hard drive

Answer & Explanation Answer: C) transfer information both to and from a hard drive

Explanation:

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Q:

Which of the following is false?

A) Hydrogen atom is roughly a third of the mass of tritium	B) Deuterium is called heavy hydrogen
C) Deuterium atom has 1 neutron	D) Protium is the rarest isotope of hydrogen

Answer & Explanation Answer: D) Protium is the rarest isotope of hydrogen

Explanation:

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Q:

In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?

A) 4.20%	B) 3.20%
C) 2.20%	D) 4.00%

Answer & Explanation Answer: B) 3.20%

Explanation:

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Q:

The short run marginal cost curve is ____ shaped.

A) U	B) V
C) X	D) W

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