Questions

Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both. 

A)  USD 3,00,000   B)  USD 3,50,000  
C)  USD 2,00,000   D)  USD 2,50,000  
 
Answer & Explanation Answer: D)  USD 2,50,000  

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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Q:

The first Field Marshall of India was

A) A. S. Vaidya B) K.M. Cariappa
C) Sunderji D) S.H.F.J. Manekshaw
 
Answer & Explanation Answer: D) S.H.F.J. Manekshaw

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

With which country India has signed an agreement in September 2017 for co-operation in health sector?

A) Indonesia B) Norway
C) France D) Denmark
 
Answer & Explanation Answer: B) Norway

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

West Bengal approved the construction of states 1st Deep Sea Port at

A) Udaipur B) Digha
C) Bakkhali D) Tajpur
 
Answer & Explanation Answer: D) Tajpur

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which is NOT an example of organism that breaks down the food material outside the body and then absorb it?

A) Bread moulds B) Yeast
C) Mushrooms D) Snake
 
Answer & Explanation Answer: D) Snake

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market B) Money Market
C) Bullion Market D) wholesale cash market
 
Answer & Explanation Answer: C) Bullion Market

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Economic reasoning is based on the premise that

A) only economic decisions or actions have a cost associated with them B) all decisions and actions have a cost associated with them
C) all decisions or actions are costless because costs shared among decision-makers D) only decisions or actions that involve money have a cost associated with them
 
Answer & Explanation Answer: B) all decisions and actions have a cost associated with them

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following President was awarded the Nobel Peace Prize 2016?

A) Raffel Korea B) Juan Manuel Santos  
C) Donald Trump D) Alexander Lukashenko
 
Answer & Explanation Answer: B) Juan Manuel Santos  

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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