Q:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is:

A) Rs. 50.50	B) Rs. 51.25
C) Rs. 51.50	D) Rs. 50.05

Answer & Explanation Answer: B) Rs. 51.25

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

0 710

Q:

Which one of the following Articles of the Constituent of India down that no citizen can be denied the use of wells, tanks and bathing Ghats maintained out of State funds?

A) Article 14	B) Article 15
C) Article 16	D) Article 17

Answer & Explanation Answer: B) Article 15

Explanation:

Article 15:

Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth

(1) The State shall not discriminate against any citizen on grounds only of religion, race, caste, sex, place of birth or any of them

(2) No citizen shall, on grounds only of religion, race, caste, sex, place of birth or any of them, be subject to any disability, liability, restriction or condition with regard to

(a) access to shops, public restaurants, hotels and palaces of public entertainment; or

(b) the use of wells, tanks, bathing ghats, roads and places of public resort maintained wholly or partly out of State funds or dedicated to the use of the general public

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 710

Q:

In August 2017, the Government of India decided to launch a new scheme named “AGEY”. This new scheme is a part of the Deen Dayal Antyodaya Yojna– National Rural Livelihood Mission (DAY-NRLM). What does ‘E’ stand for in ‘AGEY’?

A) Enterprise	B) Energy
C) Express	D) Engineering

Answer & Explanation Answer: C) Express

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 710

Q:

On 24 January 2018, the Ministry of Women and Child Development launched a web based Rapid Reporting System for the ______.

A) Scheme for Adolescent Girls	B) Scheme for Widow women
C) Scheme for Acid attack victims	D) Scheme for divorced women

Answer & Explanation Answer: A) Scheme for Adolescent Girls

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 9 January 2018, the Companies (Amendment) Act, 2017 amended some provisions of ______.

A) Companies Act, 1956	B) Companies Act, 2011
C) Companies Act, 2013	D) Companies Act, 2014

Answer & Explanation Answer: C) Companies Act, 2013

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who of the following was the last Governor General of Bengal?

A) William Bentinck	B) Warren Hastings
C) Lord Canning	D) Lord Wellesley

Answer & Explanation Answer: A) William Bentinck

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 710

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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Filed Under: General Awareness

0 709

Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata	B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore	D) Mumbai, Kolkata, Hyderabad, NOIDA

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