Bank Exams Questions

Q:

The rate of inflation increases when the purchasing powerof money___________ .

A) Decreases B) Increases
C) Stable D) Decrease just half
 
Answer & Explanation Answer: A) Decreases

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

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Q:

A cricketer, whose bowling average was 12.4 runs/wicket takes 5 wickets for 22 runs in a match, thereby decreases his average by 0.4. The number of wickets, taken by him before this match was:

A) 78 B) 87
C) 95 D) 105
 
Answer & Explanation Answer: C) 95

Explanation:
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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

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

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Q:

The following situations involve a cluster of three or more geometrical figures, having one or more dots placed at any point inside the cluster. This cluster is followed by a set of four alternative figures each composed of a cluster of the same type of figures. Now, for each dot we have to observe the region in which it is enclosed i.e. In which of the geometrical figure this region is common. From amongst the figures marked (a), (b), (c) and (d), select the figure which satisfies the same conditions of placement of the dot as in fig. (X).

A) a B) b
C) c D) d
 
Answer & Explanation Answer: D) d

Explanation:

The position of dots is enclosed in the same geometric region.

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Filed Under: Image Analysis
Exam Prep: Bank Exams

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Q:

The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved the establishment of National Institute of Mental Health Rehabilitation (NIMHR) at which state?

A) Gwalior B) Bhopal
C) Jammu D) New Delhi
 
Answer & Explanation Answer: B) Bhopal

Explanation:

The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved the establishment of National Institute of Mental Health Rehabilitation (NIMHR) at Bhopal.

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Filed Under: Indian Politics
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:

Blood is red in colour due to the presence of __________

A) Cytochrome B) Chlorophyll
C) Hemocyanin D) Haemoglobin
 
Answer & Explanation Answer: D) Haemoglobin

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Nearly ____________ crore jobs were created in the country in the 10-month period till June this year, as per a Central Statistics Office (CSO) report.  

A)  2.4 crore  B)  3.5 crore 
C)  6.9 crore  D)  1.2 crore 
 
Answer & Explanation Answer: D)  1.2 crore 

Explanation:

Nearly 1.2 crore jobs were created in the country in the 10-month period till June this year, as per a Central Statistics Office (CSO) report. The CSO's employment outlook report is based on the new member enrolments with retirement fund body EPFO, Employees' State Insurance Scheme (ESIC) and NPS. 

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

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