Bank Exams Questions

Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) Conssensus B) Consenssus
C) Consensus D) Conssenssus
 
Answer & Explanation Answer: C) Consensus

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

If x/2 - [4(15/2 - x/3)]/3 = -x/18, then what is the value of x?

A) -10 B) 9/8
C) 10 D) -9/8
 
Answer & Explanation Answer: C) 10

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

He said, "I will go to Mumbai someday next month."

A) He said that he would go to Mumbai someday the following month. B) He says that he would go to Mumbai someday the following month.
C) He said that he will go to Mumbai someday the following month. D) He says that he will go to Mumbai someday the following month.
 
Answer & Explanation Answer: A) He said that he would go to Mumbai someday the following month.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme B) Liberalised Remittance Scheme
C) Liberalised Remittance Source D) Liberalised Revenue Scheme
 
Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The dispute over Siachin Glacier is between

A)  India and China B) India and Afghanistan
C) India and Pakistan D)  India and Nepal
 
Answer & Explanation Answer: C) India and Pakistan

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Who among the following was awarded with Dhronacharya Award 2016 in the field of 'Swimming (Lifetime)'?

A) Shri Raj Kumar Sharma B) Shri Sagar Mal Dhayal
C) Shri S. Pradeep Kumar D) Shri Nagapuri Ramesh
 
Answer & Explanation Answer: C) Shri S. Pradeep Kumar

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

By which legislation were India and Pakistan divided into two independent nations?

A) Pakistan Independence Act 1947 B) Indian Independence Act 1947
C) Indian partition Act 1947 D) Pakistan partition Act 1947
 
Answer & Explanation Answer: B) Indian Independence Act 1947

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Filed Under: Indian History
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

The mean of 10 observations is 17. One more observation is included and the new mean becomes 16. The 11th observation is

 

A) 16 B) 8
C) 6 D) 12
 
Answer & Explanation Answer: C) 6

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Filed Under: Average
Exam Prep: Bank Exams

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