Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

Which of the following is called 'The queen of Arabian sea'?

A) Mumbai	B) Thiruvananthapuram
C) Kochi	D) Surat

Answer & Explanation Answer: C) Kochi

Explanation:

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Q:

As per the scientists of Physics Research Laboratory, Ahmedabad which type of storm can flow towards the Earth and disturb the atmosphere?

A) Meteorite Strom	B) Comet Strom
C) Solar Strom	D) Asteroid Strom

Answer & Explanation Answer: C) Solar Strom

Explanation:

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Q:

Vernal Equinox occurs on

A) June 22	B) March 20
C) May 20	D) June 20

Answer & Explanation Answer: B) March 20

Explanation:

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Q:

BREXIT refers to the Great Britain leaving which one of the following?

A) International Monetary Fund	B) Common wealth
C) World Trade Organization	D) European Union

Answer & Explanation Answer: D) European Union

Explanation:

Brexit is the withdrawal of the United Kingdom from the European Union. In a referendum on 23 June 2016, 51.9% of the participating UK electorate voted to leave the EU, out of a turnout of 72.2%.

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Q:

In which of the following countries India celebrated a cultural festival named ‘India by the Nile’ in 2017?

A) Iran	B) Brazil
C) Egypt	D) UAE

Answer & Explanation Answer: C) Egypt

Explanation:

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Q:

From where was Mangalyan launched?

A) Chennai	B) Sriharikota
C) Trombay	D) Gopalpur, on sea

Answer & Explanation Answer: B) Sriharikota

Explanation:

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Q:

Who has won the Formula One Australian Grand Prix 2016?

A) Daniel Ricciardo	B) Lewis Hamilton
C) Nico Rosberg	D) Sebastian Vettel

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