Questions

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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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the unit of electric resistance?

A) Dyne B) Pascal
C) Joule D) Ohms
 
Answer & Explanation Answer: D) Ohms

Explanation:
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Filed Under: Physics
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Q:

Azadirachata indica is the scientific name of

A) Neem B) Teak
C) Silver Oak D) Tulsi
 
Answer & Explanation Answer: A) Neem

Explanation:
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Filed Under: General Science
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Q:

Growing agricultural crops between rows of planted trees is known as

A) Social forestry B) Jhum
C) Taungya system D) Agro forestry
 
Answer & Explanation Answer: C) Taungya system

Explanation:
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Filed Under: General Science
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Q:

Which of the following was published by Gandhji during his stay in South Africa?

A) Young India B) Indian Opinion
C) Nav Jivan D) None of these
 
Answer & Explanation Answer: B) Indian Opinion

Explanation:
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Filed Under: Indian Politics

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/Phrase.
To put a spoke in one's wheel

A) To be advantageous at the time of difficulty B) To maintain under all circumstances
C) To blame the other party D) To put a difficulty in the way of progress
 
Answer & Explanation Answer: D) To put a difficulty in the way of progress

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
The ability of humans to ___________ the landscape and recognize the consequences of doing so puts us in a peculiar position. There are several animals on earth that show this same kind of intelligence. Some animals have extensions to ___________ their environment and some do not. As a species we are assigned the duty to provide and proliferate. Our goal is to achieve stability for ourselves and our kin. However, we also have an obligation to maintain the environment, as we depend on the resources and services it provides. The question then becomes:
what is our role in nature? Do we have the right to _________ the land, factory farm animals, and pollute waterways? Or do we have an obligation to reduce our numbers and merely subsist? In order to answer these questions, we must rely on our knowledge of Earth, evolution, and our influence on the environment.

A) Aspects B) Pollutants
C) Employ D) Operate
 
Answer & Explanation Answer:

Explanation:

‘Aspects’ mean a particular part or feature of something. ‘Pollutants’ mean a substance that pollutes something, especially water or the atmosphere. ‘Employ’ means give work to (someone) and pay them for it. ‘Operate’ means (of a person) control the functioning of (a machine, process, or system). ‘Manipulate’ means control or influence (a person or situation) cleverly or unscrupulously. The passage hints towards unscrupulous usage of the environment for our own betterment. Thus, option E is the best fit answer for the given blanks.

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Filed Under: English
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Q:

Four statements are given below at A, B, C and D. There may be some errors in the given statement(s). The incorrect statement is your answer.

A) A. The war of succession ultimately boiled over to who had more power. B) B. The war of succession ultimately boiled below to who had more power.
C) C. The war of succession ultimately boiled upon to who had more power. D) D. The war of succession ultimately boiled down for who had more power.
 
Answer & Explanation Answer:

Explanation:

Ans. E.
In the given sentences, boiled down is the phrasal verb that should have been used which means summarizing something, to reduce or simplify
(something) to the most basic, essential, or fundamental element(s). In this context it means that the one who had more power succeeded. 'Boiled down' should be followed by 'to' and not 'for', hence option D is incorrect.

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Filed Under: English
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