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:

______________ scheme was launched by the Central Government to give financial services to weaker section of society.

A) Sukanya Samridhi Yojana	B) Bal Swachta Mission
C) Pradhan Mantri Jan Dhan Yojana	D) Beti Bachao Beti Padhao Yojana

Answer & Explanation Answer: C) Pradhan Mantri Jan Dhan Yojana

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is the full form of the Indian Political Party, "CPI"?

A) Common Party of India	B) Commonly Party of India
C) Communist Party of India	D) Community Party of India

Answer & Explanation Answer: C) Communist Party of India

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The Attorney General of India is appointed by whom?

A) Prime Minister of India	B) Law Minister of India
C) Chief Justice of India	D) President of India

Answer & Explanation Answer: D) President of India

Explanation:

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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 venue of 2020 Summer Olympics?

A) Tokyo	B) Seoul
C) Dubai	D) Singapore

Answer & Explanation Answer: A) Tokyo

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

_____ you live long!

A) Might	B) May
C) Shall	D) Should

Answer & Explanation Answer: B) May

Explanation:

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

__________ is the 2016 Oscar Winner for Best Actor.

A) Leonardo DiCaprio	B) Bryan Cranston
C) Matt Damon	D) Michael Fassbender

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