Questions

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:

The Sixth Schedule of the Constitution of India pertains to the administration of tribal areas in which of the following States?

A) Assam, Meghalaya, Tripura and Mizoram B) Meghalaya, Tripura, Manipur and Mizoram
C) Assam, Manipur, Meghalaya and Tripura  D) Manipur, Meghalaya, Tripura and Arunachal Pradesh
 
Answer & Explanation Answer: A) Assam, Meghalaya, Tripura and Mizoram

Explanation:

The Constitution of India makes special provisions for the administration of the tribal dominated areas in four states viz. Assam, Meghalaya, Tripura and Mizoram. As per article 244 and 6th Schedule, these areas are called “Tribal Areas“, which are technically different from the Scheduled Areas under fifth schedule.

 

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore D) Mumbai, Kolkata, Hyderabad, NOIDA
 
Answer & Explanation Answer: D) Mumbai, Kolkata, Hyderabad, NOIDA

Explanation:
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Q:

In which direction does the tail of a comet point toward?

A) Away from the sun B) Towards the sun
C) Away from earth D) Towards the earth
 
Answer & Explanation Answer: A) Away from the sun

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:

In Lok Sabha the total number of members from states is

A) 630 B) 530
C) 430 D) 330
 
Answer & Explanation Answer: B) 530

Explanation:
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Q:

In August 2017, the Government of India decided to launch a new scheme named “AGEY”. This new scheme is a part of the Deen Dayal Antyodaya Yojna– National Rural Livelihood Mission (DAY-NRLM). What does ‘E’ stand for in ‘AGEY’?

A) Enterprise B) Energy
C) Express D) Engineering
 
Answer & Explanation Answer: C) Express

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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