Questions

Q:

The simple interest on a sum for 5 years is two­fifth of the sum. The rate of interest per annum is

A) 0.1 B) 0.08
C) 0.06 D) 0.04
 
Answer & Explanation Answer: B) 0.08

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Q:

A man has some hens and some cows. If the total number of heads of hens and cows together is 50 and the nunber of feet of hens and cows together is 142, then the number of cows is

A) 21 B) 25
C) 27 D) 29
 
Answer & Explanation Answer: A) 21

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Q:

What is the effective discount (in %) on two successive discounts of 20% and 10%?

A) 30 B) 32
C) 35 D) 28
 
Answer & Explanation Answer: D) 28

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Q:

Which bank has launched the Atmanirbhar Women Scheme?

A) Vijaya Bank B) Bank of India
C) Central Bank of India D) Bank of Baroda
 
Answer & Explanation Answer: D) Bank of Baroda

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Q:

The Reserve Bank of India (RBI) proposed a four-tier regulatory framework for which type of financial institutions?

A) Foreign Banks B) Small Finance Banks
C) NBFCs D) Payments Banks
 
Answer & Explanation Answer: C) NBFCs

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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Q:

The 'Father of Indian Space Program' is

A) Dr. A.P.J. Abdul kalam B) Dr. Vikram A. Sarabhai
C) Dr. K. Kasturirangan D) Prof. Satish Dhawan
 
Answer & Explanation Answer: B) Dr. Vikram A. Sarabhai

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Q:

In August 2017, National Highway Authority of India (NHAI) launched two mobile apps named ‘MyFASTag’ and ‘______’.

A) FASTag Lane B) FASTag Partner
C) FASTag First D) FASTag Life
 
Answer & Explanation Answer: B) FASTag Partner

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