Questions

Q:

Y. H. Malegam Committee is an expert committee constituted by Reserve Bank Of India to look into which of the following issues?

I. Classification of bad loans

II. Effectiveness of adults

III. Rising incidents of frauds

A) Only I and I B) Only II and II
C) Only I and II D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

Explanation:
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Filed Under: General Awareness

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Q:

What type of lens is used to correct vision of a person suffering from Myopia?

A) Convex lens B) Concave lens
C) Crossed lens D) Cylindrical lens
 
Answer & Explanation Answer: B) Concave lens

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Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme B) Liberalised Remittance Scheme
C) Liberalised Remittance Source D) Liberalised Revenue Scheme
 
Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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Exam Prep: Bank Exams

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Q:

Which of the following contributes the maximum earning in Indian Railways?

A) Passenger Earning B) Goods Traffic Earning
C) Sundry Earning D) Other Coach Earning
 
Answer & Explanation Answer: B) Goods Traffic Earning

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Filed Under: General Awareness
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.

 


The battle between attackers and the attacked is becoming still more _____________. Faced with potentially new cyber ____________, the danger to India’s economic and national security is going _________________ geometrical progression. To be forearmed, with _______________ offensive cyber operations and __________________ cyber security, is essential.

 

Faced with potentially new cyber ____________

 

A) onslaughts B) attack
C) world D) intrusions
 
Answer & Explanation Answer: A) onslaughts

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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 one which is opposite in meaning of the given word.

 

Assiduous

 

A) Active B) Neglectful
C) Diligent D) Zealous
 
Answer & Explanation Answer: B) Neglectful

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Oil paint was first used for Buddhist paintings by Indian and Chinese painters in western _____ sometime between the fifth and tenth centuries.

A) Iraq B) Afghanistan
C) Pakistan D) India
 
Answer & Explanation Answer: B) Afghanistan

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Total number of countries in the world are

A) 125 B) 165
C) 255 D) 195
 
Answer & Explanation Answer: D) 195

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

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