Questions

Q:

Shimla is the capital of which Indian State?

A) Chattisgarh B) Goa
C) Himachal Pradesh D) Jharkhand
 
Answer & Explanation Answer: C) Himachal Pradesh

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Filed Under: Indian Geography
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.

 

Living as _________ educated individual in a free society, I felt that we continue to unknowingly hold some biases that we develop _________ time. It requires many maturity updates to install in your psychological system, and at ___________ conscious efforts to develop a good sense of __________. I was small at that time, but with age and experience I absolutely _____________ and approved each and every word my uncle had said that day.

 

that we develop _________ time. It requires

 

A) on B) over
C) top D) above
 
Answer & Explanation Answer: B) over

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Decimate

 

A) Preserve B) Destroy  
C) Execute   D) Abate
 
Answer & Explanation Answer: A) Preserve

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

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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:

Who among the following is addressed as the Chairman of Rajya Sabha?

A) Prime Minister B) Chief Justice
C) Vice­-President D) Attorney General
 
Answer & Explanation Answer: C) Vice­-President

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following has the supreme command of the Indian Defence Forces?

A) Prime Minister of India B) Defence Minister of India
C) Council of Ministers of India D) President of India
 
Answer & Explanation Answer: B) Defence Minister of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The movement Objections Resolution to guide the deliberations of the Assembly was started by

A) Jawaharlal Nehru B) Kiran Desai
C) K Natwar Singh D) K.M. Munshi
 
Answer & Explanation Answer: A) Jawaharlal Nehru

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 20 July 2017, Lok Sabha passed IIIT­PPP Bill, 2017. The Bill seeks to allow 15 IIITs established on a PPP model to grant degrees. What does ‘PPP’ stand for?

A) Public Private Placement B) Public Private Partnership
C) Public Private Pickup D) Public Private Policy
 
Answer & Explanation Answer: B) Public Private Partnership

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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