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Q:

Musa paradisiaca is the scientific name of which plant?

A) mango B) wheat
C) Corn D) banana
 
Answer & Explanation Answer: D) banana

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Filed Under: General Science
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 company has been conferred with the 'Startup of the Year 2017' award at the 7th Small Business Awards, in New Delhi?

A) Milkbasket B) Milkmaid
C) Milkdairy D) Milkbar
 
Answer & Explanation Answer: A) Milkbasket

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Propagation of sound can be visualised as propagation of ____________ variations in the medium

A) elasticity B) viscosity
C) density D) porosity
 
Answer & Explanation Answer: C) density

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Filed Under: Physics

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Q:

A body is initially moving with a velocity of 5 m/s. It undergoes an acceleration of 2 m/s2 for 4 seconds. Find the displacement (in m) of this body in these 4seconds.

A) 4 B) 72
C) 36 D) 8
 
Answer & Explanation Answer: C) 36

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Filed Under: Physics

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Q:

Which of the following is the most important raw material for generation of power in India?

A) Mineral Oil B) Natural Gas
C) Uranium D) Coa
 
Answer & Explanation Answer: D) Coa

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

With the help of Panchayat Samitis, who regulates the money distribution among all the Gram Panchayats?

A) Zila Parishad B) Sarpanch
C) Gram Sabha D) Secretary
 
Answer & Explanation Answer: A) Zila Parishad

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Right To Information (RTI) Act came into effect in the year

A) 2004 B) 2005
C) 2006 D) 2007
 
Answer & Explanation Answer: B) 2005

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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