Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer.

A) Rs 1,00,000	B) Rs 2,00,000
C) Rs 50,000	D) Rs 5,00,000

Answer & Explanation Answer: A) Rs 1,00,000

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Lok Adalat is one of the alternative dispute redressal mechanisms, it is a forum where disputes/cases pending in the court of law or at pre-litigation stage are settled/ compromised amicably. What is the minimum charge to file a case in a Lok Adalat?

A) no court fee	B) Rs 10
C) Rs 50	D) Rs 05

Answer & Explanation Answer: A) no court fee

Explanation:

There is no court fee payable when a matter is filed in a Lok Adalat.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT

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Q:

Tax on inheritance is called __________

A) Excise duty	B) Estate duty
C) Gift tax	D) Sales tax

Answer & Explanation Answer: B) Estate duty

Explanation:

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Filed Under: Indian Economy

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Q:

Which enzyme digests proteins in the stomach?

A) Trypsin	B) Pepsin
C) Salivary amylase	D) Pancreatic canal

Answer & Explanation Answer: B) Pepsin

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

3 875

Q:

Who is the author of "Promise Me a Million Times"?

A) Amish Tripathi	B) Durjoy Datta
C) Keshav Aneel	D) Savi Sharma

Answer & Explanation Answer: C) Keshav Aneel

Explanation:

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Ashoka was a king of which dynasty?

A) Pradyota	B) Haryanka
C) Maurya	D) Nanda

Answer & Explanation Answer: C) Maurya

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Prince Khurram was the name of the future Emperor __________.

A) Shah Jahan	B) Jahangir
C) Babur	D) Akbar

Answer & Explanation Answer: A) Shah Jahan

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Name the country which won the 2017 Women's Hockey Asia Cup title?

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

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