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

Report Error

View Answer Report Error Discuss

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

0 762

Q:

__________ approves constitutional amendments.

A) Rajya Sabha	B) Ministry of Defence
C) Prime Minister's Office	D) Securities and Exchange Board of India

Answer & Explanation Answer: A) Rajya Sabha

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

1 762

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:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 762

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:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 762

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:

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 762

Q:

Sri Lanka on 9 December, 2017 formally handed over the control of the southern deep sea port of Hambantota to which country for 99 year lease?

A) India	B) Pakistan
C) China	D) Japan

Answer & Explanation Answer: C) China

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 762

Q:

The difference between exports and imports is called-?

A) assets and liabilities	B) balance of payment
C) GDP	D) balance of trade

Answer & Explanation Answer: D) balance of trade

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 762

Q:

An increase in expected future income will

A) Decrease aggregate demand and aggregate supply	B) Increase aggregate demand and aggregate supply
C) Increase aggregate demand	D) Increase aggregate supply

Questions

Quick Links