Questions

Q:

Who has been named as the first ever 'Kid of the Year' by TIME Magazine?

A) Udit Singhal B) Krishna Tirath
C) Sadat Rahman D) Gitanjali Rao
 
Answer & Explanation Answer: D) Gitanjali Rao

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is:­

A) Rs. 50.50 B) Rs. 51.25
C) Rs. 51.50 D) Rs. 50.05
 
Answer & Explanation Answer: B) Rs. 51.25

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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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Filed Under: General Awareness

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Q:

In August 2017, which bank allowed India to construct Ratle Hydroelectric project which was opposed by Pakistan?

 

A) bank of England B) World Bank
C) International Bank for Reconstruction and development (IBRD) D) Asian Development Bank
 
Answer & Explanation Answer: B) World Bank

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which one of the following statements regarding freedom to manage religious affairs as per the Constitution of India is notcorrect?

 

A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities. B) Every religion or any section thereof shall have the right to own and acquire movable and Immovable property.
C) Every religious community has the right to establish and maintain institutions for religious and charitable purpose. D) Every community has the right to manage its own affairs in matters of religion.
 
Answer & Explanation Answer: A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities.

Explanation:

All  are  correct  except  A,  as  every religious denomination including minor communities shall have right to manage its own affairs.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 9 January 2018, the Companies (Amendment) Act, 2017 amended some provisions of ______.

A) Companies Act, 1956 B) Companies Act, 2011
C) Companies Act, 2013 D) Companies Act, 2014
 
Answer & Explanation Answer: C) Companies Act, 2013

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Echocardiogram is more closely related to

A) Doppler effect B) Zeeman effect
C) Photoelectric effect D) Magnetic effect
 
Answer & Explanation Answer: A) Doppler effect

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which among the following is NOT an event during the photosynthesis process?

A) Absorption of light energy by chlorophyll B) Conversion of light energy to chemical energy
C) Splitting of water molecules into hydrogen and oxygen D) Oxidation of carbon dioxide to carbohydrates
 
Answer & Explanation Answer: D) Oxidation of carbon dioxide to carbohydrates

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Filed Under: General Science
Exam Prep: Bank Exams

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