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Q:

Statement I :The    Poona    Pact    provided    for    151 reserved  seats  for  the  scheduled  castes  to be   elected   by   a   joint,   not   separate, electorate.

Statement II :Dr.  B.  R.  Ambedkar  withdrew  from  active politics   for   almost   a   decade   when   the Communal Award was revoked.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement I is false but Statement II is true
 
Answer & Explanation Answer: C) Statement I is true but Statement II is false

Explanation:

The  Poona  Pact  was  an  agreement between  Dr.  Babasaheb  Ambedkar and  Mahatma  Gandhi  which  was signed  on  24  September  1932  at Yerwada Central Jail in Pune, India, which asserted that there will be a single    Hindu    electorate,    with scheduled    castes    having    seats reserved     within     it,So     the representation of these classes was based  on  the  standards  of  joint electorates   and   reserved   seats. The  Communal  Award  was  made by    the    British    Prime    Minister Ramsay  MacDonald  on  16  August 1932    which    allowed    separate electorates  in  India,  and  it  was supported by Ambedkar.

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Filed Under: General Awareness
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Q:

In  which  one  of  the  following  cities  are the  Summer  Olympics,  2020  going  to  be held?

A) London B) Paris
C) Tokyo D) Moscow
 
Answer & Explanation Answer: C) Tokyo

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

Q:

BREXIT  refers  to  the  Great  Britain  leaving which one of the following?

A) International Monetary Fund B) Common wealth
C) World Trade Organization D) European Union
 
Answer & Explanation Answer: D) European Union

Explanation:

Brexit is the withdrawal of the United Kingdom from the European Union. In a referendum  on  23  June  2016, 51.9%    of    the    participating UK electorate voted  to  leave  the  EU, out of a turnout of 72.2%.

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Q:

Which  one  of  the  following  sectors  is  not affected   by   the   changes   made   in   the Foreign  Direct  Investment  Policy  in June 2016?

A) Multi-brand retailing B) Defence
C) Private security agencies D) Manufacturing   of   small   arms   and ammunitions  covered  under  the  Arms Act, 1959
 
Answer & Explanation Answer: D) Manufacturing   of   small   arms   and ammunitions  covered  under  the  Arms Act, 1959

Explanation:

Changes  made  in  FDI  policy  in June     2016     will     not     affect manufacturing  of  small  arms  and ammunition.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which   one   of   the   following   statements is  correct  in  relation  to  the  Indian  Air Force?

A) It has bases in many friendly countries. B) It  does  not  carry  out  joint  exercises with any country.
C) It    has    a    separate    Maintenance Command. D) No  officer  has  ever been  elevated  to the  rank  of  Marshal  of  the  Indian  Air Force.
 
Answer & Explanation Answer: C) It    has    a    separate    Maintenance Command.

Explanation:

Maintenance Command is a command of the Indian Air Force. It was raised as Maintenance Group at Chakeri in Kanpur in 1950. In 1955, it was designated as Maintenance Command.

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Filed Under: General Awareness
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Q:

The  rank  of  Captain  of  the  Indian  Navy  is equivalent to which one of the following?

A) Captain of the Indian Army B) Group Captain in the Indian Air Force
C) Lieutenant Colonel of the Indian Army D) Wing  Commander  of  the  Indian  Air Force
 
Answer & Explanation Answer: B) Group Captain in the Indian Air Force

Explanation:

Rank  of  captain  of  Indian  Navy  is equivalent   to   Group   captain   of Indian Air Force.

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Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Which   one   of   the   following   intellectual property rights is protected without making any registration?

A) Copyright B) Patent
C) Industrial design D) Trademark
 
Answer & Explanation Answer: C) Industrial design

Explanation:

Registration  for  Industrial  design  is not made.  For instance,  if Coca Cola is  making  bottle  for  soft  drink  then Pepsi  can  also  make  same  designed bottles for its own soft drinks.

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