Q:

Which of the following committees has been constituted by Insurance Regulatory and Development Authority (IRDAI) to review regulations governing the Insurance Marketing Firms (IMF)?

A) Balwant Rai Mehta Committee	B) Veerappa Moily Committee
C) Ashok Chavan Committee	D) Sachar Committee

Answer & Explanation Answer: D) Sachar Committee

Explanation:

The Insurance Regulatory and Development Authority (IRDAI) has set up a 10-member committee headed by Suresh Mathur (ED-IMF, IRDAI) to review norms related to Insurance
Marketing Firms (IMF) with an aim to increase insurance penetration in the country.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which one of the following statements about reusable space vehicle of ISRO is not correct?

A) In June 2016, ISRO successfully launched India’s first reusable space vehicle.	B) The space vehicle was launched from Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh.
C) The reusable launch vehicle climbed to a height of 65 km before automatically steering back for landing.	D) The vehicle was initially boosted by a rocket that contained liquid fuel.

Answer & Explanation Answer: A) In June 2016, ISRO successfully launched India’s first reusable space vehicle.

Explanation:

May 23, 2016 ISRO successfully flight-tested India’s first winged body aerospace vehicle operating in hypersonic flight regime. In this experimental mission, the HS9 solid rocket booster carrying RLV-TD lifted off from the First Launch Pad at Satish Dhawan Space Centre, Sriharikotaat 07:00 hr IST. After a successful flight of 91.1second, HS9 burn out occurred, following which both HS9 and RLV-TD mounted on its top coasted to a height of about 56 km. At that height, RLV-TD separated from HS9 booster and further ascended to a heightof about 65 km.

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Q:

The Look East Policy in India was started by which of the following Prime Ministers?

A) Rajiv Gandhi	B) Atal Bihari Vajpayee
C) P.V. Narasimha Rao	D) Manmohan Singh

Answer & Explanation Answer: C) P.V. Narasimha Rao

Explanation:

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Filed Under: Indian Politics
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Q:

What is the type of Energy possessed by a stretched rubber band?

A) Potential energy	B) Kinetic energy
C) Chemical energy	D) Thermal energy

Answer & Explanation Answer: D) Thermal energy

Explanation:

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Filed Under: Physics
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Q:

What does SPM in environment mean?

A) Suspended Pollution Mark	B) Suspended Particulate Matter
C) Suspended Particle Mode	D) Suspended Particle Management

Answer & Explanation Answer: B) Suspended Particulate Matter

Explanation:

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Filed Under: General Science
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Q:

Which amongstthe following has the power to regulatethe right of citizenship in India?

A) Union Cabinet	B) Parliament
C) Supreme Court	D) Law Commission

Answer & Explanation Answer: B) Parliament

Explanation:

The Parliament has the power to regulate the right of citizenship in India.

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: B) Monopoly

Explanation:

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Filed Under: Indian Economy
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Q:

What was the debt-to-GDP ratio for the Financial Year 2016-17?

A) 60.40%	B) 49.40%
C) 50.40%	D) 55.40%

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