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Q:

What does “L” stand for in PMLA?

A) Leverage B) Limit
C) Lending D) Liberalised
 
Answer & Explanation Answer:

Explanation:

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

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Q:

At which place the first BIMSTEC Disaster Management Exercise 2017 (BIMSTEC DMEx 2017), held in October 2017?

A) Dhaka B) Colombo
C) Delhi D) Male
 
Answer & Explanation Answer: C) Delhi

Explanation:
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Q:

During the day, the direction of the wind would be from the __________________

A) sea to the land B) land to the sea
C) valleys to the mountains D) mountains to the valleys
 
Answer & Explanation Answer: A) sea to the land

Explanation:
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Q:

Which bank became the third bank by the Reserve Bank of India into Domestic Systemically Important Banks (D-SIBs) list?

A) ICICI Bank B) SBI
C) HDFC Bank D) Axis Bank
 
Answer & Explanation Answer: C) HDFC Bank

Explanation:

The Reserve Bank of India (RBI) has added HDFC Bank, the second largest private sector lender of country in list of Domestic Systemically Important Banks (D-SIBs). HDFC Bank is third bank in country to be added in list of D-SIBs after State Bank of India (SBI) and ICICI Bank which were added in 2016 and continue to be in that category.

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Q:

Who among the following is the Chairman of the Fourteenth Finance Commission?

A) C. Rangarajan   B) Vijay Kelkar
C) Y. V. Reddy D) Rakesh Mohan
 
Answer & Explanation Answer: C) Y. V. Reddy

Explanation:

The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.

 

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Q:

‘Rand/ZAR’ is the currency of 

A) Burundi B) Libya
C) Sudan D) South Africa
 
Answer & Explanation Answer: D) South Africa

Explanation:

Burundi-Bur  Franc,  Libya-Libyan Dinar,   Sudan-Sudanese   Pound, South Africa-Rand/ZAR.

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Q:

A body in equilibrium _______.

A) can move with constant acceleration B) is always at rest
C) can move with constant velocity D) can move with variable acceleration
 
Answer & Explanation Answer: C) can move with constant velocity

Explanation:
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Q:

When a ray of light travels from a denser medium to a rarer medium, it bends

A) towards the normal and speeds up B) towards the normal and slows down
C) away from the normal and speeds up D) away from the normal and slows down
 
Answer & Explanation Answer: C) away from the normal and speeds up

Explanation:
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