Questions

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
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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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Filed Under: General Awareness
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Q:

Which is the largest organ in human beings?

A) Skin B) Large Intestine
C) Small Intestine D) Liver
 
Answer & Explanation Answer: A) Skin

Explanation:
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Filed Under: General Science

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Q:

Which of the following glows with special colour depending on the nature of gas in the fluorescent tube?

A) Plasma B) Hydrogen
C) Helium D) Bose-Einstein condensate
 
Answer & Explanation Answer: A) Plasma

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The discretionary powers of a Governor is limited in

A) Appointment of Chief Minister B) Dismissal of the Ministry
C) Dissolution of the Legislative Assembly D) Assent to Bills
 
Answer & Explanation Answer: D) Assent to Bills

Explanation:
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Filed Under: Indian Politics
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.

 

People are now either exposed to the very best of their inner circle and the world, ________ to the worst — articles that look to shock, to provoke rage and put a lens on everything that is wrong _________ the world. Imperceptibly, it goes unsaid that often __________ pieces of ‘news’ fail to actually provide a constructive solution. The effect of such a disparity _________ to the same effect as news of TV and newspapers — a feeling that what we see does not ____________ our lives.

 


we see does not ____________ our lives.

 

A) reflects B) reflective
C)  reflection D)  reflect
 
Answer & Explanation Answer: D)  reflect

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) scentillate B) scintilate
C) scintillate D) scentilate
 
Answer & Explanation Answer: C) scintillate

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

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Tempestuous

 

A) Stress B) Toil
C) Calm D) Examine
 
Answer & Explanation Answer: C) Calm

Explanation:
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Filed Under: English
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