Questions

Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The best way to ____________ the children's poor test grades is to teach again the lesson and give a second test.

 

A) rectify B) right
C)  revise D) reform
 
Answer & Explanation Answer: A) rectify

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Cultivation is difficult on red soil because

A) Its water holding capacity is less B) It is highly contaminated
C) Biological components do not mix with it D) It is red in colour
 
Answer & Explanation Answer: A) Its water holding capacity is less

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

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Q:

Which type of city administration controls larger urban area?

A) Nagar Panchayat B) Municipal Panchayat
C) Municipal Corporation D) No option is correct
 
Answer & Explanation Answer: C) Municipal Corporation

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

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Q:

Which is used as an Air pollution indicator?

A) Algae B) Fungi
C) Bacteria D) Lichens
 
Answer & Explanation Answer: D) Lichens

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

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Q:

The _________ keeps the average temperature of the Earth fairly steady.

A) biosphere B) heliosphere
C) atmosphere D) photosphere
 
Answer & Explanation Answer: C) atmosphere

Explanation:
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Filed Under: General Science
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Q:

Indian Space Research Organisation (ISRO) and Jet Propulsion Laboratory (JPL) of NASA are working on world’s most expensive earth-imaging satellite to use dual frequency. Its name is ______

A) Cartosat B) NISAR
C) APM D) NIJAR
 
Answer & Explanation Answer: B) NISAR

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

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