Questions

Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

My father (were standing) in the balcony, his face clenched in a storm of emotions.

 

A) was standing B)  was stand
C)  was stood D)  no improvement
 
Answer & Explanation Answer: A) was standing

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Filed Under: English
Exam Prep: Bank Exams

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

What is the role of "Ombudsman" in a bank?

A) To provide quality and speedy redressal of grievances of customers. B) To provide suggestions for innovative schemes in the banks.
C) To inspect the internal working of the branches. D) To monitor the poverty alleviation programmes
 
Answer & Explanation Answer: A) To provide quality and speedy redressal of grievances of customers.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The Typhoon named 'Goni' has recently hit which country?

A) Philippines B) United States of America
C) Indonesia D) Australia
 
Answer & Explanation Answer: A) Philippines

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The astronomer who discovered planet Pluto was ___.

A) Sylvain Arend B) Joseph Asbrook
C) Edwin Hubble D) Clyde Tombaugh
 
Answer & Explanation Answer: D) Clyde Tombaugh

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which Five Year Plan adopted Indicative Planning in India?

A) 9th B) 4th
C) 3rd D) 8th
 
Answer & Explanation Answer: D) 8th

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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