Questions

Q:

Plasma is formed in the stars because of very

A) high temperature B) high pressure
C) low pressure D) low temperature
 
Answer & Explanation Answer: A) high temperature

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Q:

In which way the President can assign any of the functions of the Union Government to the State Government ?

A) In his discretion B) In consultation with the Chief Justice of India
C) In consultation with the Government of the State D) In consultation with the State Governor
 
Answer & Explanation Answer: C) In consultation with the Government of the State

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Q:

Which of the following is the most abundant metal on Earth's crust?

A) Magnesium B) Iron
C) Copper D) Aluminium
 
Answer & Explanation Answer: D) Aluminium

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Q:

In which year was the First Five Year Plan launched in India?

A) 1921 B) 1931
C) 1941 D) 1951
 
Answer & Explanation Answer: D) 1951

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Q:

Which among the following is the slogan of Allahabad Bank?

A) A tradition of trust B) World wise
C) Honour your trust D) Invest with confidence
 
Answer & Explanation Answer: A) A tradition of trust

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Q:

When an account is declared as Inoperative & Dormant Accounts?

A) Only after 2 years from the date of the lasttransaction B) Only after 3 years from the date of the lasttransaction
C) Only after 1 years from the date of the lasttransaction D) Only after 10 years from the date of thelast transaction
 
Answer & Explanation Answer: A) Only after 2 years from the date of the lasttransaction

Explanation:

Schedule bank’s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.

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Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Q:

The boiling point of liquids vary as

A)  pressure varies B)  temperature varies
C)  volume varies D) density varies
 
Answer & Explanation Answer: A)  pressure varies

Explanation:
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