Questions

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
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Q:

Swarna Jayanti Gram Swarojgar Yojna has now been restructured as

A) Prime Minister's Rojgar Yojna B) National Rural Livelihoods Mission
C) Jawahar Gram Samriddhi Yojana D) Sampoorna Gramin Rojgar Yojana
 
Answer & Explanation Answer: B) National Rural Livelihoods Mission

Explanation:
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Filed Under: Indian Politics
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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the “No error” option.

He is a saint (A) / and as such (B) / must be respected (C) / No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

Explanation:
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Filed Under: English
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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 thefour alternatives.

When the kerosene burned, the fuel in the tank below would be __________ pressure, and __________ a small circular flame would appear in the burner. The valve had tobe opened to let more kerosene vapour to the burner and pumping resumed. With the increase in pressure, the burner flame would spread _________ a loud noise. Tolower the flame, the valve had to be _________ opened to reduce the pressure and then tightened until the desired flame size was achieved. _________ you wanted theflame to be bigger, you had to hit the piston again. Pump stoves are still in vogue.

and __________ a small circular flame

A) slow B) slowly
C) slower D) slowest
 
Answer & Explanation Answer: B) slowly

Explanation:
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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 "Global Nutrition Report 2016" once again ____________ India's slow overall progress ____________ addressing chronic malnutrition, manifest in stunting (low weight for age), wasting (low weight for height), micronutrient __________ and over­weight. Our track _________ in reducing the proportion of undernourished children over the past decade has been modest at best, and _____________ what other countries with comparable socio­economic indicators have achieved.


Our track _________ in reducing the proportion of undernourished children

A) progress B) record
C) report D) result
 
Answer & Explanation Answer: B) record

Explanation:
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Q:

In the following question, out of the four alternatives, choose the one which can be substituted for the given words/sentence.

 

The act of killing a whole group of people, specially a whole race.

 

A) Patricide B) Genocide
C) Parricide D) Matricide
 
Answer & Explanation Answer: B) Genocide

Explanation:
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Q:

ΔPQR is right angled at Q. If cotP = 5/12, then what is the value of tanR ?

A) 5/13 B) 5/12
C) 13/5 D) 13/12
 
Answer & Explanation Answer: B) 5/12

Explanation:
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Q:

In the question given below, a statement is given followed by three courses of action. A course of action is taken for improvement, follow up, etc. Read the statement carefully and give your answer.

Statement:
A knife-wielding assailant killed a 29- year-old man and injured four others in a lively neighbourhood near Paris’ famed Opera Garnier before he was killed by police on Saturday night.

Courses of Action:
I. The government should ban the sale of knives in all major cities.
II. Any person seen carrying a knife should be immediately taken into police custody.
III. Policemen should be posted near all major tourist spots to avoid such untoward incidents.

A) Only course of action I follows B) Only course of action II follows
C) Both I and II follow D) Both II and III follow
 
Answer & Explanation Answer:

Explanation:

None of the courses of action follow. Banning the sale of knives just because one particular knife-wielding assailant went on a rampage makes no sense. Similarly, taking into police custody all those who are seen carrying knives is not something practical. Knives can be used for so many other purposes not involving the killing/harming of people. Finally, it is not a realistic expectation that posting policemen in all major tourist spots would reduce or altogether stop instances of such occurrences. Therefore, option E is the correct answer.

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