Questions

Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Pick up the most effective word from the given words to fill in the blanks to make the sentence meaningfully complete.

Hari got the company car for a _____ price as he was the senior most employee in the company.

A) Reduced B) Discounted
C) Fixed D) Nominal
 
Answer & Explanation Answer: D) Nominal

Explanation:

‘Nominal’ is most appropriate word.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following can increase your credit card's APR?

A) Missing a credit card payment. B) Paying off the full balance.
C) Cashing in on rewards points. D) Paying the minimum.
 
Answer & Explanation Answer: A) Missing a credit card payment.

Explanation:

Missing a credit card payment can increase your credit card's APR.

 

APR means Annual Percentage Rate.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Calcium salts used as fertilizer is:

A) Calcium Carbide B) Calcium Carbonate
C) Calcium Cyanide D) Calcium Sulphate
 
Answer & Explanation Answer: D) Calcium Sulphate

Explanation:
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Filed Under: Chemistry

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Chicken out

 

A) Quickly move from one position to another in a game of chess or war. B) Be a lover of non vegetarian delicacies.
C) Be easily confused over small issues. D) To decide not to do something because you are too frightened.
 
Answer & Explanation Answer: D) To decide not to do something because you are too frightened.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

Somebody has stolen mobile phone.

 

A) My mobile phone had been stolen B) My mobile phone has been stolen
C) My mobile phone was stolen D) My mobile phone will be stolen
 
Answer & Explanation Answer: B) My mobile phone has been stolen

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

 

I am also a

A-mother of three children in their

B-the wanderlust generation

C-twenties who belong to

 

A) ABC B) CAB
C) ACB D) BAC
 
Answer & Explanation Answer: C) ACB

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following questions, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Education is for life, not merely for a livelihood. As long as we are unmindful of this _____, the _____ of our educational curriculum as well as that of our _____ and students is likely to remain _____. It is not enough for a society to have experts. It needs human beings who can think, feel and act generously, the kind of people who cannot be replaced by computers and _____.

the _____ of our educational curriculum as well as

A) efficiency B) effectiveness
C) quality D) quantity
 
Answer & Explanation Answer: C) quality

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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