General Knowledge Questions

Q:

Select the word with the correct spelling.

A) alackrity B) refileing
C) bufoons D) condense
 
Answer & Explanation Answer: D) condense

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


______________________ the Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.

(TARP), the government had purchased assets of struggling banks with a view _______________

A) to B) of
C) so D) for
 
Answer & Explanation Answer: A) to

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence B) Trade sanctions
C) Currency manipulation D) Withdrawal of bilateraltreaties
 
Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Filed Under: English
Exam Prep: Bank Exams

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Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme B) Liberalised Remittance Scheme
C) Liberalised Remittance Source D) Liberalised Revenue Scheme
 
Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The distance between the two latitudes is approximately ___________

A) 111 miles B) 121 miles
C) 111 kms D) 121 kms
 
Answer & Explanation Answer: C) 111 kms

Explanation:
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Filed Under: Indian Geography

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Q:

Which of the following is the religious text of the Jews?

A) Dhammapada B) Torah
C) Sahib D) Tripatika
 
Answer & Explanation Answer: B) Torah

Explanation:
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Filed Under: Indian History

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Q:

During world war II, Germany was a member of the

A) Allies powers B) Axis powers
C) Alien powers D) Allied powers
 
Answer & Explanation Answer: B) Axis powers

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The first colony established by the English in north America was

Answer

Jamestown

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Subject: World History

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