Questions

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:

Citizen of which neighbouring country does not require a passport or visa to enter India?

A) Pakistan B) Bangladesh
C) Nepal D) China
 
Answer & Explanation Answer: C) Nepal

Explanation:
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Q:

Which State of India is leading in solar energy generation ?

A) Gujarat B) Rajasthan
C) Haryana D) Uttar Pradesh
 
Answer & Explanation Answer: B) Rajasthan

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Q:

Which company acquired LinkedIn For $26.2 Billion?

A) Apple B) Facebook
C) Microsoft D) IBM
 
Answer & Explanation Answer: C) Microsoft

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Q:

On January 16, 2018 the Supreme Court ruled the attacks and interference on adults opting for inter-caste marriage as ‘absolutely illegal’ in the petition filed by which NGO in 2010?

A) PRATHAM B) Shakti Vahini
C) Goonj D) Sammaan
 
Answer & Explanation Answer: B) Shakti Vahini

Explanation:
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Filed Under: Indian Politics
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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.

 

It is basic to a democracy that its citizens remain in harmony _______ one another. At the very least, they should _______ treat each other as enemies. Enmity is spreadonly by vested interests that hope to thrive _________ polarising citizens. The ______________ between professed love for the country and infecting the people with hatred remains ignored. There is no instance in history of the policy of ‘divide and rule’ _____________ people’s welfare.

 

‘divide and rule’ _____________ people’s welfare.

 

A) promote B) promotion
C) promoted D) promoting
 
Answer & Explanation Answer: D) promoting

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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.

 

So, in asking you to consider the processes of reasoning we are ________ assuming that you never have reasoned--_________ the contrary we are fully aware that you in connection __________ every other person, have reasoned all your mature life. That is not the question. While everyone reasons, the fact is __________ true that the majority of persons reason incorrectly. Many persons reason ______________ lines far from correct and scientific, and suffer therefor and thereby.

 

Many persons reason ______________ lines far from correct

 

A) along B) long
C) besides D) at
 
Answer & Explanation Answer: A) along

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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.

 

All this suggests the intimate relations which exist between history, politics, and sociology. The ____________ thing, however, is not the identities but the distinctions.For, however much the _____________ disciplines may, in practice, overlap, it is necessary ________ the sake of clear thinking to have their limits defined. As far _______sociology and history are concerned the differences may be summed up in a word. __________ history and sociology are concerned with the life of man as man.

however much the _____________ disciplines may,

 

A) vary B) variety
C) various D) variant
 
Answer & Explanation Answer: C) various

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