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:

Where was the 'Azad Hind Fauj' founded?

A) Singapore B) Thailand
C) Britain D) Italy
 
Answer & Explanation Answer: A) Singapore

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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:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 


The battle between attackers and the attacked is becoming still more _____________. Faced with potentially new cyber ____________, the danger to India’s economic and national security is going _________________ geometrical progression. To be forearmed, with _______________ offensive cyber operations and __________________ cyber security, is essential.

 

Faced with potentially new cyber ____________

 

A) onslaughts B) attack
C) world D) intrusions
 
Answer & Explanation Answer: A) onslaughts

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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 alternative which is the best substitute of the phrase.

An unintended consequence of an event or action, especially an unwelcome one.

 

A) reverberation B) backlash
C) flak D) repercussion
 
Answer & Explanation Answer: D) repercussion

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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 alternative which best expresses the meaning of the idiom/phrase.

 

Tongue in cheek

 

A) In an ironic or insincere way. B) Being practical.
C) Stop yourself from saying something hurtful. D) Be gutsy and speak the unpleasant truth.
 
Answer & Explanation Answer: A) In an ironic or insincere way.

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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 alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

In fact, (be) among so many happy people can automatically cheer you up.

 

A) to be B) been
C) being D) no improvement
 
Answer & Explanation Answer: C) being

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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