Q:

ATM stands for

A) Any Time Money	B) Auto Technology Money
C) Automated Teller Machine	D) Automatic Transaction Machinery

Answer & Explanation Answer: C) Automated Teller Machine

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Exam Prep: Bank Exams

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Q:

Who was the first lady Governor of an Indian State?

A) Mrs. Sucheta Kripalani	B) Miss Padmaja Naidu
C) Mrs Tarkeswari Sinha	D) Mrs. Sarojini Naidu

Answer & Explanation Answer: A) Mrs. Sucheta Kripalani

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Q:

Rectifiers convert _____.

A) high voltage to low voltage	B) low voltage to high voltage
C) AC to DC	D) DC to AC

Answer & Explanation Answer: C) AC to DC

Explanation:

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Q:

What is the heat generated (in J) in a heating element of resistance 1000 Ω when a current of 0.1 A passes through it for 25 seconds?

A) 250	B) 2500
C) 125	D) 1250

Answer & Explanation Answer: A) 250

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Q:

______________ scheme launched by the Central Government is a special social security scheme which includes Pension and Life Insurance.

A) Deen Dayal Upadhyaya Grameen Kaushalya Yojana	B) Deendayal Upadhyaya Gram Jyoti Yojana
C) Mahatma Gandhi Pravasi Suraksha Yojana	D) Indradanush Scheme

Answer & Explanation Answer: C) Mahatma Gandhi Pravasi Suraksha Yojana

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Q:

A ________________ is known by different names in different parts of the world. It is called a ‘hurricane’ in North America.

A) funnel	B) whirlpool
C) cyclone	D) twister

Answer & Explanation Answer: C) cyclone

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

Who took over as the new chairman of the Tata Sons owned Vistara Airline in 2016? Prior to this, he was the Managing Director of Titan for a long time.

A) Ramadurai	B) Bhaskar Bhatt
C) Cyrus Mistry	D) N Chandrashekaran

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