Q:

Reinsurance is the name given to:

A) An individual taking insurance for the second time	B) An insurer placing insurance with another insurer
C) When government by insurance policies for government employees	D) All the above

Answer & Explanation Answer: B) An insurer placing insurance with another insurer

Explanation:

Reinsurance is insurance that is purchased by an insurance company from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which one of the following statements about the National Adaptation Fund for Climate Change is not correct?

A) The fund is meant to assist national and State level activities to meet the cost of adaptation measures.	B) This scheme has been taken as a Central Sector Scheme.
C) The Indian Council of Agricultural Research is the national implementing entity for the fund.	D) The scheme has been in force since

Answer & Explanation Answer: C) The Indian Council of Agricultural Research is the national implementing entity for the fund.

Explanation:

Government has established the National Adaptation Fund on Climate Change (NAFCC) with a budget provision of Rs.350 crores for the year 2015-16 and 2016-17, with an estimated requirement of Rs.181.5 crores for financial year 2017-18. The objective of the fund is to assist State and Union Territories that are particularly vulnerable to the adverse effects of climate change in meeting the cost of adaptation. The National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) responsible for implementation of adaptation projects under the (NAFCC).

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Exam Prep: Bank Exams

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Q:

Full form of PPP -

A) Purchasing Power Parity	B) Power Point Presentation
C) Public Private Partnerships	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

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Q:

Which of the following rulers started the Mughal style of painting?

A) Babar	B) Humayun
C) Akbar	D) Jahangir

Answer & Explanation Answer: B) Humayun

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Vishal is 20 years younger to Arya. Twelve years hence Arya's age will be 1.25 times that of Vishal. Aryais now ......... years old.

A) 78	B) 68
C) 88	D) 72

Answer & Explanation Answer: C) 88

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

The railway fares of air conditioned sleeper and ordinary sleeper class are in the ratio 4:1. The number of passengers travelled by air conditioned sleeper and ordinary sleeper classes were in the ratio 3:25. If the total collection was Rs. 37,000, how much did air conditioner sleeper passengers pay?

A) Rs. 15,000	B) Rs. 10,000
C) Rs. 12,000	D) Rs. 16,000

Answer & Explanation Answer: C) Rs. 12,000

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

The capital of the Mauryan Kingdom was located at___________

A) Pataliputra	B) Vaishali
C) Lumbini	D) Gaya

Answer & Explanation Answer: A) Pataliputra

Explanation:

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Filed Under: Indian History
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Q:

Who is commonly known as "the Father of Microbiology"?

A) Robert Hooke	B) Antonie Philips van Leeuwenhoek
C) Carl Linnaeus	D) Charles Darwin

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