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Q:

Who has returned his Padma Vibhushan Award in protest to the Farm Bills?

 

A) M.C. Mary Kom B) Manoj Das
C) Parkash Singh Badal D) Chhannulal Mishra
 
Answer & Explanation Answer: C) Parkash Singh Badal

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
The recession is going to cause ___________ times for families who are already struggling to pay their bills.

A) furious B) agitated
C) turbulent D) wild
 
Answer & Explanation Answer: C) turbulent

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

To be eligible to contest election under the Haryana Panchayati Raj (Amendment) Act, 2015, a candidate should

1.have a functional toilet at home

2.have payment slips of power bills

3.not be a cooperative loan defaulter

4.have studied  minimum   matriculation irrespective of category.

Select the  correct  answer  using  the  code given below.

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

Explanation:

Following   are   the   qualifications which    have    to    be    met    for contesting    elections    under    the Haryana Panchayat raj:

For general  candidate  men  must  have passed   class   X,   class   VIII   for women   and   Scheduled   cast/ST, class    V    for    schedule    cast/ST women  for  elections  contesting  in the  Zila  Parishad,  Panchay  Samiti and   Post   of   the   Sarpanch.The candidate must have the functional toilet    in    his/her    home.There should  not  be  any  insolvency  or failure  to  pay  the  arrears  in  any case    such    as,    like    to    any cooperative  society,  any  bank  or electricity  bill.  The  candidate  must be clean in character likewise there should not be any charge sheet filed which  may  lead  to  imprisonment  of upto  10  years  against  the  candidate in   any   court   in   India.In   case   of Rajasthan,  the  candidate  must  not be the Leprosy Patient.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select theappropriate option. If a sentence is free from error, select 'No Error'.

Money bills could only be introduced in the Lok Sabha, (1)/ and upon being passed, are sent to the Rajya Sabha, (2)/ where it can be deliberated upon forupto 14 days. (3)/ No error (4)

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams
Job Role: Bank Clerk

Q:

Statement: People in Pratapgarh are not paying their telephone bills in spite of the various verbal warnings and remainders. It has now informed the subscribers through a notification that those who do not pay their bills by the due date will be charged penalty for every defaulting day.
Course of action:
a. Majority of people may pay their bills by the due date to avoid penalty.
b. People generally pay heed to such statutory notifications.

A) Only a follows B) Both a & b follows
C) Only b follows D) Neither a nor b follows
 
Answer & Explanation Answer: B) Both a & b follows

Explanation:

Enforcing a penalty will motivate people to pay the bills. So, course of action a follows.
It is general tendency to act accordingly when a penalty clause slapped. So, course of action b follows.

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Filed Under: Statement and Courses of Action
Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

Q:

During a Financial Emergency, all Money Bills passed by State Legislatures require the consent of the 

A) Prime Minister B) President
C) Lok Sabha D) Union Finance Minister
 
Answer & Explanation Answer: B) President

Explanation:

No Financial Emergency has been imposed on the country so far. Article 360 deals with Financial Emergency. (This article, however,shall not apply to the state of Jammu and Kashmir)

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Filed Under: Indian Politics

Q:

What is Treasury Bills?

Answer

A Treasury Bill (known as T-Bill) is an instrument of money market, used to finance short term requirements of Government of a country. A T-Bill is issued at a rate lower than the Face value, and redeemed at Face value on maturity, this difference is the rate of interest on T-Bill. This rate of interest is called Risk free Rate of the country.


 

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Subject: Finance

Q:

what is difference between account payable and bills payable?

Answer

Accounts payable refer to the current liability of a business or an organization. That is the unsettled payments in a business or an organization refers to Accounts payable.


Bills payable refers to bills settled. In other words the paid and accepted recorded bills in a business or an organization refers to bills payable

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Subject: Accounts Payable