Questions

Q:

Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any.

Delegation is the transfer of/ authority through superior to subordinate/ at different levels/ in an organized sector.

A) Delegation is the transfer of B) Authority through superior to subordinate
C) At different levels D. In an organized sector D) No error
 
Answer & Explanation Answer: B) Authority through superior to subordinate

Explanation:

The error lies in the second part of the sentence. The correct usage for transfer is 'from........to........' and not 'through.....to......'. Hence, 'through' must be replaced with 'from'.

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Filed Under: English

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Q:

Which of the following is the main end product of carbohydrate digestion?

A) Fats B) Lipids
C) Glucose D) Cellulose
 
Answer & Explanation Answer: C) Glucose

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Tax on inheritance is called __________

A) Excise duty B) Estate duty
C) Gift tax D) Sales tax
 
Answer & Explanation Answer: B) Estate duty

Explanation:
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Filed Under: Indian Economy

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Q:

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand is called

A) Structural unemployment B) Frictional unemployment
C) Seasonal unemployment D) Cyclical unemployment
 
Answer & Explanation Answer: A) Structural unemployment

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

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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:

__________ amends the Constitution.

A) Ministry of Defence B) Prime Minister's Office
C) Parliament D) Securities and Exchange Board of India
 
Answer & Explanation Answer: C) Parliament

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

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Q:

__________ is the number of individuals of the population who left the habitat and gone elsewhere during the time period under consideration.

A) Natality B) Mortality
C) Immigration D) Emigration
 
Answer & Explanation Answer: D) Emigration

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

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Q:

Plasma is formed in the stars because of very

A) high temperature B) high pressure
C) low pressure D) low temperature
 
Answer & Explanation Answer: A) high temperature

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

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