Questions

Q:

ICC World T20 in 2016 was won by

A) India B) England
C) New Zealand D) West Indies
 
Answer & Explanation Answer: D) West Indies

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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

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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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Q:

__________ amends the Constitution.

A) Ministry of Defence B) Prime Minister's Office
C) Parliament D) Securities and Exchange Board of India
 
Answer & Explanation Answer: C) Parliament

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Q:

A corporate culture is generally defined as the

A) informal interaction of employees outside work during non-business hours. B) manner in which employees interact with each other and with management.
C) incorporation of company policies and procedures into employee activities. D) inner rites, rituals, heroes, and values of a firm.
 
Answer & Explanation Answer: D) inner rites, rituals, heroes, and values of a firm.

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Q:

Which of the following constitutional Amendment Act, deals with the Elementary Education as a Fundamental Right?

A) 84th Amendment Act B) 85th Amendment Act
C) 86th Amendment Act D) 87th Amendment Act
 
Answer & Explanation Answer: C) 86th Amendment Act

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Q:

In India, The President’s Rule continues for six months, but it can be extended for a maximum period of ______ with the approval of the Parliament, every six months.

 

 

A) one year B) two years
C) three years D) four years
 
Answer & Explanation Answer: C) three years

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Q:

At which of the following stadium Sachin Tendulkar scored his 100th international century?

A) Wankhede Stadium B) Sher-e-Bangla Stadium
C) Shahid Chandu Stadium D) Barabati Stadium
 
Answer & Explanation Answer: B) Sher-e-Bangla Stadium

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