Sawaal

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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

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Filed Under: Indian Economy

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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

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Who among the following is the current CEO of NITI Aayog?

A) Amitabh Kant B) Arvind Subramanian
C) Arvind Panagariya D) Sindhushree
 
Answer & Explanation Answer: A) Amitabh Kant

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Filed Under: Indian Politics

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Q:

Who decides disputes regarding disqualification of members of Parliament?

A) The Supreme Court B) The Election Commission
C) The Prime Minister in Consultation with the Election Commission D) The President in Consultation with the Election Commission
 
Answer & Explanation Answer: D) The President in Consultation with the Election Commission

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is the accounting year of the Reserve Bank of India ?

A) April-­March B) July-­June
C) October-­September D) January­-December
 
Answer & Explanation Answer: B) July-­June

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Filed Under: Indian Politics
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Q:

_________ can give the Union parliament power to make laws on matters included in the State list.

A) Ministry of Defence B) Prime Minister's Office
C) Securities and Exchange Board of India D) Rajya Sabha
 
Answer & Explanation Answer: D) Rajya Sabha

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Filed Under: Indian Politics
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Q:

Which of the following scheme has been launched by the Union Government to supply electricity to poor households?

A) INSPIRE Programme B) Saubhagya
C) Swabhiman D) Swavalamban
 
Answer & Explanation Answer: B) Saubhagya

Explanation:

The Prime Minister Narendra Modi has launched the ‘Saubhagya’ (Sahaj Bijli Har Ghar Yojana) scheme to provide subsidy on equipment like transformers, meters, and wires and is expected to cover allrural families after expected electrification of all villages by the end of 2018.Note:The total outlay for the Saubhagya scheme will be Rs 16,320 crore.

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Filed Under: General Awareness

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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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