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 question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

Be in the red

A) To be very angry B) Close to death
C) To be in debt D) Always energetic
 
Answer & Explanation Answer: C) To be in debt

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the word with the correct spelling.

A) comands B) prigish
C) adhesive D) serenly
 
Answer & Explanation Answer: C) adhesive

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

 

Most successful companies, institutions and organizations have mission statements. Most individuals don't. As the Chief Executive Officer of your own life in the knowledge era, you need a laser like focus in your vision. You need a mission and a mission statement describing how you want to live, not just what you want to own; defining the person you want to become, not just the title you want to see on your door; outlining the knowledge you will receive, not just the degree you'll earn or your next promotion.

I began the process this way : "To be aware of the uniqueness of my associates, clients, friends and family, and to treat that uniqueness with loving concern. I was created to lead myself and others to understand win­win relationships and how to use them to improve the lives of all persons with whom I come into contact."

You, too, can frame your mission statement starting with your core values, working outward to your material desires and financial needs.

Who is responsible for designing a personal mission?

A) A Chief Executive Officer B) The family and friends
C) The Individual D)  The company
 
Answer & Explanation Answer: C) The Individual

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Filed Under: English
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

Another marvel on the far side of the lake was a little farm that felt like a secret in the city. Some of the gaunt Karnataka labourers even looked away when children came to dig and eat. But the greatest pleasure, this side of the lake, was the jamun tree. A few months back, Kalu and Sunil had a feast in the branches, shaking down a few berries for Mirchi.

That's when they came to know the second-coolest thing about the jamun tree : There were parrots nesting in it. Since then, some other road boys had been capturing the parrots one by one to sell at the Marol Market, but Sunil had brought Kalu around to the belief that the birds should be left as they were. Sunil listened for their squawks each morning, to make sure they hadn't been abducted in the night.

Kalu's expertise was in the recycling bins inside airline catering compounds. Private waste collectors emptied these dumpsters on a regular basis, but Kalu had mastered the trash truck's schedules. The night before pickup, Kalu would climb over the barbed-wire fences and raid the overflowing bins.

Kalu's routine had become known by the local police, however. He kept getting caught, until some constables proposed a different arrangement. Kalu could keep his metal scrap if he'd pass on information he picked up on the road about local drug dealers.


What was the greatest pleasure this side of the lake?

A) A secret farm B) The Jamun tree
C) Feasting on the branches of the Jamun tree D) Labourers looking away when the children came to dig and eat
 
Answer & Explanation Answer: B) The Jamun tree

Explanation:
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