Questions

Q:

The members of the All India Services serve the

A) Central Government only B) State Government only
C) Union Territories only D) both the Union and State Governments
 
Answer & Explanation Answer: D) both the Union and State Governments

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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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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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which country topped the list on "World Happiness Index", 2015 published by the sustainable Development Solutions Network (SDSN)?

A) Bhutan B) Switzerland
C) Iceland D) Norway
 
Answer & Explanation Answer: B) Switzerland

Explanation:
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Filed Under: General Awareness
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Q:

The outermost layer of the earth's atmosphere is _______.

A) stratosphere B) troposphere
C) mesosphere D) exosphere
 
Answer & Explanation Answer: D) exosphere

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Haustoria or sucking roots are found in which of the following?

A) Wheat B) Mango
C) Chestnut D) Cuscuta
 
Answer & Explanation Answer: D) Cuscuta

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

According to the Classical Theory of Employment, deviations from the state of full employment are

A) Purely temporary in nature B) permanent in nature  
C) imaginary situations D) normal situations
 
Answer & Explanation Answer: A) Purely temporary in nature

Explanation:

The classical economists believed in the existence of full employment in the economy. To them, full employment was a normal situation and any deviation from this regarded as something abnormal. According to Pigou, the tendency of the economic system is to automatically provide full employment in the labour market when the demand and supply of labour are equal.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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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.


That is why publicly invoking these symbols has to be an act of responsible citizenship and not self­____________ demagoguery, but the difference can be hard to _______________. The problem with emotive symbols is that _________________ they can multiply the force of arguments, they cannot replace the arguments__________________. All persuasion harnesses symbols but principled persuasion must also provide arguments that can be _____________ debated.

 

The problem with emotive symbols is that _________________ they can multiply the force of arguments,

 

A) tough B) though
C) through D) Thorough
 
Answer & Explanation Answer: B) though

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Haggard

 

A) Fresh B) Weak
C) Pale D) Tire
 
Answer & Explanation Answer: A) Fresh

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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