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Q:

During which Five Year Planning was NABARD established?

A) 5th B) 6th
C) 3rd D) 9th
 
Answer & Explanation Answer: B) 6th

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Filed Under: Indian Politics
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Q:

__________ approves constitutional amendments.

A) Rajya Sabha B) Ministry of Defence
C) Prime Minister's Office D) Securities and Exchange Board of India
 
Answer & Explanation Answer: A) Rajya Sabha

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Q:

"Central Bureau of Intelligence and Investigation" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: A) Union

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Q:

Potato is a ?

A) Root B) Stem
C) Bud D) Fruit
 
Answer & Explanation Answer: B) Stem

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Filed Under: General Science

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Q:

Under which article, President of India can proclaim financial emergency?

A) Article 32 B) Article 349
C) Article 360 D) Article 355
 
Answer & Explanation Answer: C) Article 360

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Q:

Indian National Congress is a part of which political group?

A) United Progressive Alliance B) National Democratic Alliance
C) Janata Parivar D) Rashtra Parivar
 
Answer & Explanation Answer: A) United Progressive Alliance

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Q:

Parliament conducts __________ sessions each year.

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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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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Filed Under: General Awareness

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