Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

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

Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

A ________________ is known by different names in different parts of the world. It is called a ‘hurricane’ in North America.

A) funnel	B) whirlpool
C) cyclone	D) twister

Answer & Explanation Answer: C) cyclone

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Exobiology refers to

A) Life in Outer space	B) Life of animals
C) Life of plants	D) Life of human beings on earth

Answer & Explanation Answer: A) Life in Outer space

Explanation:

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Q:

Preserved traces of living organisms retained in the form of impressions of the body parts in the soil are called ______.

A) specimen	B) fossils
C) antique	D) phylogeny

Answer & Explanation Answer: B) fossils

Explanation:

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph. Integrating diversity

P: governance which is firmly grounded

Q: in international human rights law

R: goes hand in hand with

A) QPR	B) RPQ
C) PRQ	D) QRP

Answer & Explanation Answer: B) RPQ

Explanation:

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Q:

In which month does the Earth's Perihelion position occur?

A) June	B) January
C) September	D) March

Answer & Explanation Answer: B) January

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Prostate gland is present below

A) the urinary bladder	B) the kidneys
C) the scrotum	D) the penis

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