Q:

Who presented the first Union Budget in 1947?

A) Indira Gandhi	B) Morarji Desai
C) R. K. Shanmukham Chetty	D) John Mathai

Answer & Explanation Answer: C) R. K. Shanmukham Chetty

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Lowering of value of currency relative to a foreign reference currency is called _________.

A) Devaluation	B) Revaluation
C) Down valuation	D) Negative valuation

Answer & Explanation Answer: A) Devaluation

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Filed Under: Indian Economy
Exam Prep: CAT , Bank Exams

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Q:

In Animal Kingdom classification, which of the following is not a Phylum?

A) Mollusca	B) Chordata
C) Coelomates	D) Anneldia

Answer & Explanation Answer: C) Coelomates

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

___________ being a higher category, is the assemblage of families which exhibit a few similar characters.

A) Order	B) Species
C) Genus	D) Class

Answer & Explanation Answer: A) Order

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Filed Under: Biology
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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Q:

Which of the following metals is stored in kerosene oil?

A) Copper	B) Sodium
C) Platinum	D) Gold

Answer & Explanation Answer: B) Sodium

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both.

A) USD 3,00,000	B) USD 3,50,000
C) USD 2,00,000	D) USD 2,50,000

Answer & Explanation Answer: D) USD 2,50,000

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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Q:

The passenger reservation system of the Indian Railways is designed by

A) TCS	B) CRIS
C) Google	D) CMS

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