Questions

Q:

The members of the Rajya Sabha are elected by

A) Elected members of the Legislative Assembly B) Elected members of Legislative Council
C) The people D) Lok Sabha
 
Answer & Explanation Answer: A) Elected members of the Legislative Assembly

Explanation:
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Filed Under: Indian Politics

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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

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the full form of ITCZ?

A) Inter tropical converter zone B) Inter tropical convergence zone
C) Inter tropical centre zone D) None of these
 
Answer & Explanation Answer: B) Inter tropical convergence zone

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

The state of being deprived of a right or privilege, especially the right to vote.

A) Abolishment B) Disenfranchisement
C) Abandonment D) Abatement
 
Answer & Explanation Answer: B) Disenfranchisement

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Four statements are given below at A, B, C and D. There may be some errors in the given statement(s). The incorrect statement is your answer.

A) A. The war of succession ultimately boiled over to who had more power. B) B. The war of succession ultimately boiled below to who had more power.
C) C. The war of succession ultimately boiled upon to who had more power. D) D. The war of succession ultimately boiled down for who had more power.
 
Answer & Explanation Answer:

Explanation:

Ans. E.
In the given sentences, boiled down is the phrasal verb that should have been used which means summarizing something, to reduce or simplify
(something) to the most basic, essential, or fundamental element(s). In this context it means that the one who had more power succeeded. 'Boiled down' should be followed by 'to' and not 'for', hence option D is incorrect.

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Filed Under: English
Exam Prep: CAT , GRE , TOEFL

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

An arrangement of flowers fastened in a ring used for laying on a grave

A) Brier B) Prickle
C) Wreath D) Splint
 
Answer & Explanation Answer: C) Wreath

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.

Commemorate

A) Opprobrium B) Reproach
C) Disrepute D) Celebrate
 
Answer & Explanation Answer: D) Celebrate

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Filed Under: English
Exam Prep: Bank Exams

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