Questions

Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both. 

A)  USD 3,00,000   B)  USD 3,50,000  
C)  USD 2,00,000   D)  USD 2,50,000  
 
Answer & Explanation Answer: D)  USD 2,50,000  

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following fundamental rights as enshrined in the Constitution of India belong only to the citizens?

1.Article 19 (Protection of right to freedom of speech)

2.Article 21 (Protection of life and personal liberty)

3.Article 15 (Prohibition of discrimination)4.Article 16 (Equality of opportunity)

 

Select the correct answer using the code given below.

A) 1, 2 and 3 B) 2, 3 and 4
C) 1, 3 and 4 D) 1 and 4 only
 
Answer & Explanation Answer: C) 1, 3 and 4

Explanation:

Fundamental Rights available to only citizens and not foreigners

●Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth (Article 15).

●Equality of opportunity in matters of public employment (Article 16).

●Six basic freedoms subject to reasonable restrictions (Article 19).

●Protection of language, script and culture of minorities (Article 29).

●Right of minorities to establish and administer educational institutions (Article 30).

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is Cash Reserve Ratio?

A) Deposits of banks in government securities B) Rate at which banks borrow funds from the RBI
C) Deposits (as cash) which banks have to keep/maintainwith the RBI D) Rate at which RBI borrows money from the banks
 
Answer & Explanation Answer: C) Deposits (as cash) which banks have to keep/maintainwith the RBI

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the maximum number of Members of the Rajya Sabha?

A) 150 B) 200
C) 250 D) 300
 
Answer & Explanation Answer: C) 250

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

He parked the (1)/ car front of the house and (2)/ headed down the street. (3)/No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Millions of Jews lost (A)/ their kith and kin (B)/ in Hitler concentration camps.(C)/ No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

You should learn to adopt (A)/ yourself to (B)/ changing circumstances.(C)/ No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who among the following is an Indian gymnast who received the prestigious Padma Shri Award in 2017 by the Government of India?

A) PV Sindhu B) Sakshi Malik
C) Koneru Hampy D) Dipa Karmakar
 
Answer & Explanation Answer: D) Dipa Karmakar

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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