Questions

Q:

How much amount is available to one account holder of Pradhan Mantri Jan Dhan Yojana per household after six months of satisfactory conduct of the account? 

A)  Rs 5,000  B)  Rs 10,000 
C)  Rs 2,000  D)  Rs 15,000 
 
Answer & Explanation Answer: B)  Rs 10,000 

Explanation:

A bank account under financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) can be opened in any bank branch or business correspondent outlet. PMJDY is a government-run financial inclusion scheme aimed at ensuring access to services such as banking, savings, deposits, remittance, credit, insurance and pension at an affordable price. Bank accounts under the Jan Dhan scheme can be opened with zero balance. In other words, the account holder need not maintain any particular account balance to keep the account account. The government recently doubled the overdraft limit on Jan Dhan accounts. The overdraft limit of Jan Dhan accounts now stands at Rs 10,000, double than the previous limit of Rs 5,000, according to an official statement released last week. 

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Q:

In the context of elections in India, which one of the following is the correct full form of VVPAT?

A) Voter Verifiable Poll Audit Trail B) Voter Verifying Paper Audit Trail
C) Voter Verifiable Paper Audit Trail D) Voter Verifiable Paper Account Trail
 
Answer & Explanation Answer: C) Voter Verifiable Paper Audit Trail

Explanation:

Voter Verifiable Paper Audit Trail (VVPAT) machines are used during election process to verify that the vote polled by a voter goes to the correct candidate. VVPATs are a second line of verification particularly and are particularly useful in the time when allegations around Electronic Voting Machines' tampering crop up.

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Q:

BSE SENSEX Constitutes ____ number of companies.

A) 30 B) 40
C) 50 D) 60
 
Answer & Explanation Answer: A) 30

Explanation:
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Q:

Which among the following countries is facing debt crisis?

A) China B) Canada
C) Germany D) Greece
 
Answer & Explanation Answer: D) Greece

Explanation:
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Q:

Banks earn interest on

A) Deposits B) Loans
C) Demand Drafts D) Bills of Exchange
 
Answer & Explanation Answer: B) Loans

Explanation:
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Q:

The Indian musical instrument 'Surbahar' is of which type?

A) Impact B) Wind
C) String D) Percussion
 
Answer & Explanation Answer: C) String

Explanation:
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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

Explanation:
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Q:

Decisions made by which court are binding on all other courts in India?

A) High courts B) Supreme court
C) Tehsil court D) No option is correct
 
Answer & Explanation Answer: B) Supreme court

Explanation:
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