Questions

Q:

Who authored the book titled 'Jinnah often came to our House', which won the 2016 The Hindu Prize?

A) Kiran Doshi B) Salman Rushdie
C) K. Vijay Kumar D) Yasser Usman
 
Answer & Explanation Answer: A) Kiran Doshi

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Q:

A collective term used by the Jains for their sacred books is

A) Prabandhas B) Angas
C) Nibandhas D) Charits
 
Answer & Explanation Answer: B) Angas

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Filed Under: Indian History
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Q:

The Agra fort was built by ___________.

A) Shah Jahan B) Akbar
C) Jahangir D) Babur
 
Answer & Explanation Answer: B) Akbar

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Q:

Which of the following was a leader of the Hindustan Socialist Republican Army founded in 1928?

A) Khudiram Bose B) Bhagat Singh
C) Chandra Shekhar Azad D) Subhash Chandra Bose
 
Answer & Explanation Answer: C) Chandra Shekhar Azad

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Q:

If cosec+sincosec-sin=53  then the value of sinis equal to

A) 1/2 B) 12
C) 32 D) 1
 
Answer & Explanation Answer: A) 1/2

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Q:

Which of the following schemes is NOT related to the DigitalIndia?

A) Digital Locker B) e-education
C) e-health D) National Scholarship Portal
 
Answer & Explanation Answer: D) National Scholarship Portal

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Filed Under: Indian Politics
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Q:

Indian Constitution has how many Parts?

A) 22 B) 32
C) 42 D) 52
 
Answer & Explanation Answer: A) 22

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Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme B) Liberalised Remittance Scheme
C) Liberalised Remittance Source D) Liberalised Revenue Scheme
 
Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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