Questions

Q:

During world war II, Germany was a member of the

A) Allies powers B) Axis powers
C) Alien powers D) Allied powers
 
Answer & Explanation Answer: B) Axis powers

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The headquarter of the Board of Control for Cricket in India (BCCI) is located in

A) Delhi B) Mumbai
C) Chennai D) Kolkata
 
Answer & Explanation Answer: B) Mumbai

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Filed Under: General Awareness
Exam Prep: Bank Exams

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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:

Which country is the largest producer of Guava?

A) Brazil B) China
C) United States D) India
 
Answer & Explanation Answer: D) India

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

As per a report released by the Bank of America Merrill Lynch in November 2017, India is likely overtake Japan in nominal GDP to become world’s third-largest economy by which year?

A) 2025 B) 2020
C) 2028 D) 2050
 
Answer & Explanation Answer: C) 2028

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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 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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Filed Under: Indian Politics

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Q:

 In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

Learning (include) discovery, insight, understanding as well as accumulation of information.

 

A) includes   B) had includes  
C) has include   D) no improvement
 
Answer & Explanation Answer: A) includes  

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

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