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Q:

Which of the following organisation has approved a $25-30 billion commitment plan for India for the 2019-22 period? 

A) United Nations  B) World Bank 
C) UNCTAD  D) New Development Bank 
 
Answer & Explanation Answer: B) World Bank 

Explanation:

The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 201922 period. The new Country Partnership Framework (CPF), endorsed by the WBG board of executive directors focuses on the development priorities of the country - resource efficient and inclusive growth, job creation and building its human capital. The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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Q:

What is the minimum age to become the Prime Minister of India if he or she is a member of Rajya Sabha?

A) 18 B) 25
C) 30 D) 35
 
Answer & Explanation Answer: C) 30

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

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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory? 

 

A) Prime Minister   B) President
C) Vice President D) Finance Minister
 
Answer & Explanation Answer: B) President

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

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Q:

India and which country, on 25 October, 2017, agreed to implement helicopter operations from ships to strengthen maritime security?

A) USA B) Somalia
C) Japan D) Germany
 
Answer & Explanation Answer: A) USA

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A worldwide financial messaging network which exchange messages between banks and financial institutions is known as ___________

A) CHAPS B) SWIFT
C) NEFT D) SFMS
 
Answer & Explanation Answer: B) SWIFT

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The pressure inside the cabin of the aircraft flying at an altitude is

A) The same as that outside B) Less than that outside
C) More than that outside D) Normal atmospheric pressure at sea level
 
Answer & Explanation Answer: C) More than that outside

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

A source maintains a current I in a resistor of resistor of resistance R. If V is the potential difference across the resistor. The electrical energy dissipated in the resistor in time is given _____

 

A) VI2t B) V2It
C) IR2t D) VIt
 
Answer & Explanation Answer: D) VIt

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

Explanation:
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Filed Under: Indian Economy

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