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Q:

Which one of the following statements is not correct in respect of the South Asian Association for Regional Cooperation (SAARC)?

A) Its Headquarters is located in Kathmandu. B) China is the only country with an Observer status in SAARC.
C) The first SAARC Summit was held in Dhaka. D) The Eighteenth SAARC Summit was held in Nepal.
 
Answer & Explanation Answer: C) The first SAARC Summit was held in Dhaka.

Explanation:

All  are  correct  except  3,  as  First SAARC    Summit    was    held    in Kathmandu

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Filed Under: World Organisations
Exam Prep: Bank Exams

Q:

India  became a  member  of  which  one  of the following in 2016?

A) Non-Proliferation Treaty B) Missile Technology Control Regime
C) Nuclear Suppliers Group D) Wassenaar Arrangement
 
Answer & Explanation Answer: B) Missile Technology Control Regime

Explanation:

In  a  boost  to  its  non-proliferation credentials, India joined the Missile Technology Control Regime (MTCR) at   a   ceremony   in   South   Block. India’s  MTCR  membership  would help in furtherance of international non-proliferation  objectives,  India would  enjoy  full  participation  in organisational  activities,  India  had intensified     efforts     at     gaining membership   of   the   MTCR,   the NSG,   the   Australia   Group   and Wassenaar     Arrangement     since getting  a  waiver  at  the  NSG  in 2008. Membership of these groups would    help    India    trade    more effectively    in    critical    high-tech areas

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

The sensitive information leaked in August 2016 concerns which one of the following defence platforms of India?

A) Fifty Generation Fighter Aircraft B) Combat Helicopters
C) Submarines D) Unmanned Aerial Vehicles
 
Answer & Explanation Answer: C) Submarines

Explanation:

In August 2016, The Government of India is seized of the reported leak of documents related to the ongoing Indian Scorpene submarine programme as reported in sections of the media. The documents that have been posted on the website by an Australian news agency have been examined and do not pose any security compromise as the vital parameters have been blacked out.

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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 GST Bill passed by the Rajya Sabha in August 2016?

A) It  will  replace  all  central  taxes,  duties, etc, only by a single tax. B) It will subsume central as well as State taxes, duties, etc.
C) GST  will  be  levied  on  alcoholic liquor for  human  consumption  at  a  uniform rate of 25 percent. D) Petroleum   and   petroleum   products shall  not  be  subject  to  the  levy  of GST.
 
Answer & Explanation Answer: B) It will subsume central as well as State taxes, duties, etc.

Explanation:

Goods and Services Tax (GST)  will replace  all  central  as well as  state taxes  by  a  single  tax.  GST  will subsume  various  Central  indirect taxes,  including  the  Central  excise duty,Countervailing  duty,  Service tax,  etc.  It  also  subsumes  State Value Added Tax(VAT), Octroi and entry    tax,    Luxury    tax,    etc. Petroleum  products  like  kerosene, naphtha  and  LPG  will  be  under GST,  while  five  items,  including crude oil, natural gas, aviation fuel, diesel    and    petrol    have    been excluded.    Alcohol    for    human consumption will be out of GS

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which  one  of  the  following  statements  is not correct?

A) Pavo  cristatus  is  the  national  bird  of India. B) Nelumbo nucifera gaertn is the national flower of India.
C) Ficus  benghalens is  is  the  national  tree of India. D) Mangifera  indica  is  the  national  animal of India.
 
Answer & Explanation Answer: D) Mangifera  indica  is  the  national  animal of India.

Explanation:

All   are   correct   except   D,   as Mangifera  indica  is  scientific  name of Mango

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Filed Under: General Science

Q:

Which one of the following ports is located on estuary?

A) Kandala B) Marmagao
C) Kolkata-Haldia D) Tuticorin
 
Answer & Explanation Answer: B) Marmagao

Explanation:

Kandla is Tidal port, Kolkata Haldia is  a  riverine  port,  Tuticorin  is  a river  port,  Marmagao  is  in  Goa,  is situated   on   estuary   on   eastern coast of India. Delta formation and estuary    formation    take    place mostly  on  western  coast  and  Goa is in western coast. 

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Filed Under: Indian Geography
Exam Prep: Bank Exams

Q:

Which one of the following about sugar industry of Peninsular India is not correct?

A) High yield per hectare of sugarcane B) Higher sucrose content
C) Long crushing season D) Most of the mills in the Peninsula are located mainly along the east coast
 
Answer & Explanation Answer: D) Most of the mills in the Peninsula are located mainly along the east coast

Explanation:

All  are  true  except  D,  as  most  of the  Sugar  industries  are  located along   the   west   coast   ,not   east coast.

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

The  Gulf  Stream  is  a  poleword  flowing current in the Atlantic Ocean. Which one of the following statements with regard to this is not correct?

A) It  is  similar  to  the  Kuroshio  current  in the North Pacific Ocean. B) It   transports   warm,   tropical   water towards polar region.
C) This   current   is   a   major   factor   in weather  along  the  east  coast  of  the USA. D) The  warm  water  of  the  Gulf  Stream sustains  the  coral  reefs  of  West  Pacific Coast.
 
Answer & Explanation Answer: D) The  warm  water  of  the  Gulf  Stream sustains  the  coral  reefs  of  West  Pacific Coast.

Explanation:

All are correct except 4. The Kuroshio is a north-flowing ocean  current on  the  west side  of  the  North Pacific  Ocean.  It is similar to the Gulf Stream in the North  Atlantic  and  is  part  of  the North  Pacific ocean  gyre.  Like  the Gulf  stream,  it  is  a  strong western boundary  current.  Gulf  stream  is not present in west Pacific coast

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Filed Under: World Geography
Exam Prep: Bank Exams