Questions

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:

BREXIT  refers  to  the  Great  Britain  leaving which one of the following?

A) International Monetary Fund B) Common wealth
C) World Trade Organization D) European Union
 
Answer & Explanation Answer: D) European Union

Explanation:

Brexit is the withdrawal of the United Kingdom from the European Union. In a referendum  on  23  June  2016, 51.9%    of    the    participating UK electorate voted  to  leave  the  EU, out of a turnout of 72.2%.

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Q:

Who took over as the new chairman of the Tata Sons owned Vistara Airline in 2016? Prior to this, he was the Managing Director of Titan for a long time.

A) Ramadurai B) Bhaskar Bhatt
C) Cyrus Mistry D) N Chandrashekaran
 
Answer & Explanation Answer: B) Bhaskar Bhatt

Explanation:
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Q:

What is the local name given to the parliament of Pakistan?

A) Majilis B) Majilis-e-Shoora
C) Saeima-e-majilis D) Jatia Parliament
 
Answer & Explanation Answer: B) Majilis-e-Shoora

Explanation:
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Q:

What is the name of the balloon – borne instrument set to be launch by NASA to study heavy cosmic particles?

A) Super LAMBA B) Super TIGER
C) Super LION D) Super MAMA
 
Answer & Explanation Answer: B) Super TIGER

Explanation:
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Q:

Vernal Equinox occurs on

A) June 22 B) March 20
C) May 20 D) June 20
 
Answer & Explanation Answer: B) March 20

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Photography is the _____________ we can get to stopping time. The camera is our pause button, the cork we use to stop time from running out. And the photo album is the most potent time machine ever ____________, one that transports you to a curated past where everything exists ________ you choose to remember it,one that lets you revisit ________ just people and places and ages, but the hidden crannies of ________ own memory and the strange landscape of emotions that lies beyond.

 

everything exists ________ you choose to

A) so B) to
C) at D) as
 
Answer & Explanation Answer: C) at

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Don't put all your eggs in one basket

A) avoid risky ventures if you want to be successful in life B) don't risk everything on the success of one venture
C) one should try multiple things, at least one will succeed D) those who are blessed with more children are happier
 
Answer & Explanation Answer: B) don't risk everything on the success of one venture

Explanation:
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