Q:

In which year was the First Five Year Plan launched in India?

A) 1921	B) 1931
C) 1941	D) 1951

Answer & Explanation Answer: D) 1951

Explanation:

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Q:

The man who presented India’s first-ever Budget ?

A) C Rajgopalachari	B) Jawaharlal Nehru
C) Motilal Nehru	D) James Wilson

Answer & Explanation Answer: D) James Wilson

Explanation:

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Q:

When an account is declared as Inoperative & Dormant Accounts?

A) Only after 2 years from the date of the lasttransaction	B) Only after 3 years from the date of the lasttransaction
C) Only after 1 years from the date of the lasttransaction	D) Only after 10 years from the date of thelast transaction

Answer & Explanation Answer: A) Only after 2 years from the date of the lasttransaction

Explanation:

Schedule bank’s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.

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Q:

What is the name of country whose capital is Lusaka and currency is Kwacha?

A) Yemen	B) Uganda
C) Zambia	D) Somalia

Answer & Explanation Answer: C) Zambia

Explanation:

The Republic of Zambia is a landlocked country in Southern Africa. The capital city is Lusaka and currency is Kwacha.

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Q:

Which among the following country exited from Trans Pacific Partnership (TTP) in Jan 2017 ?

A) Japan	B) USA
C) Mexico	D) Brunei

Answer & Explanation Answer: B) USA

Explanation:

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Q:

The chemical that is used to ripen mangoes is

A) Calcium sulphide	B) Calcium carbide
C) Calcium carbonate	D) Calcium chloride

Answer & Explanation Answer: B) Calcium carbide

Explanation:

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Q:

Which country has the most coal reserves?

A) Russia	B) India
C) China	D) USA

Answer & Explanation Answer: D) USA

Explanation:

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Q:

What is the unit of the physical quantity "Capacitance"?

A) weber	B) farad
C) tesla	D) ohm

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