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:

An object is placed on the principal axis of a cortex lens of focal length 10 cm. If the distance of the object from the lens is 30 cm, what is the distance of the image formed?

A) 20 cm	B) 15 cm
C) 30 cm	D) 10 cm

Answer & Explanation Answer: B) 15 cm

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Vinegar and Baking Soda together produce ____________.

A) Copper	B) Carbon Dioxide
C) Copper Sulphate	D) Magnesium Oxide

Answer & Explanation Answer: B) Carbon Dioxide

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Tax on inheritance is called __________

A) Excise duty	B) Estate duty
C) Gift tax	D) Sales tax

Answer & Explanation Answer: B) Estate duty

Explanation:

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Filed Under: Indian Economy

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Q:

Deepika Kumari is associated with which of the following sports?

A) Archery	B) Gymnastics
C) Badminton	D) Athletics

Answer & Explanation Answer: A) Archery

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Who Invented Lawnmower?

A) Edwin Howard Armstrong	B) John Barber
C) Edwin Beard Budding	D) Nicholas Callan

Answer & Explanation Answer: C) Edwin Beard Budding

Explanation:

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Which of the following award is to recognize distinguished service of a high order to the nation?

A) Padma Bhushan	B) Param Vir Chakra
C) Padma Vibhushan	D) Bharat Ratna

Answer & Explanation Answer: A) Padma Bhushan

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Deepa Mehta was nominated for Oscars for the movie "Water" in the category of ______ .

A) Best Sound Mixing	B) Best Original Score
C) Best Original Song	D) Best Foreign Language Film

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