Questions

Q:

In which way the President can assign any of the functions of the Union Government to the State Government ?

A) In his discretion B) In consultation with the Chief Justice of India
C) In consultation with the Government of the State D) In consultation with the State Governor
 
Answer & Explanation Answer: C) In consultation with the Government of the State

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:

'Lucky Grahak Yojana' and 'Digi Dhan Vyapar Yojana' to give cash awards to the customers and merchants was launched by which government body?

A) National Institution for Transforming India B) National Payments Corporation of India
C) Financial Stability and Development Council D) Reserve Bank of India
 
Answer & Explanation Answer: A) National Institution for Transforming India

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

As per length, which is the longest river of China?

A) Yangtze B) Mekong
C) Ob-Irtis   D) Amur
 
Answer & Explanation Answer: A) Yangtze

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following questions, 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.

Education is for life, not merely for a livelihood. As long as we are unmindful of this _____, the _____ of our educational curriculum as well as that of our _____ and students is likely to remain _____. It is not enough for a society to have experts. It needs human beings who can think, feel and act generously, the kind of people who cannot be replaced by computers and _____.

As long as we are unmindful of this _____,

A) measure B) resource
C) story D) truth
 
Answer & Explanation Answer: D) truth

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Beryl is an ore/mineral of

A) Nickel B) Beryllium
C) Lead D) Tin
 
Answer & Explanation Answer: B) Beryllium

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The sigmoid colon is a part of

A) Small Intestine B) Large Intestine
C) Pharynx D) Rectum
 
Answer & Explanation Answer: B) Large Intestine

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Plant tissues are of how many types?

A) 3 B) 2
C) 5 D) 6
 
Answer & Explanation Answer: A) 3

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Filed Under: Biology
Exam Prep: Bank Exams

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