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Q:

Which one of the following writs is issued by the Supreme Court to secure the freedom of a person upon unlawful arrest?

 

A) Habeas Corpus   B) Mandamus
C) Certiorari D) Quo Warranto
 
Answer & Explanation Answer: A) Habeas Corpus  

Explanation:

Habeas Corpus: a writ requiring a person under arrest to be brought before a judge or into court, especially to secure the person's release unless lawful grounds are shown for their detention.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Which one of the following statements is not correct with respect to Article 32 of the Constitution of India?

A) It provides remedies to citizens for the enforcement of fundamental rights.   B) It is a part of fundamental rights.
C) The Supreme Court cannot refuse a writ petition under Article 32 on the ground of delay. D) Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.
 
Answer & Explanation Answer: D) Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.

Explanation:

Protection under Article 32 applies only to the fundamental rights as provided by the Constitution.

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.

A) Separate B) Saparate
C) Saperate D) Seperate
 
Answer & Explanation Answer: A) Separate

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following question, out of the four alternatives, choose the word which is opposite in meaning to the given word and click the button corresponding to it.

FORLORN

A) JOYFUL B) LUCKY
C) FORTUNATE D) FREE
 
Answer & Explanation Answer: A) JOYFUL

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following question, out of the four alternatives, choose the word which best expresses the meaning of the given word and click the button corresponding to it.

SYCOPHANT

A) PSYCHE B) FLATTERER
C) CRITIC D) SLAVE
 
Answer & Explanation Answer: B) FLATTERER

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

Q:

Which of the following will be the outcome if an economy is under the inflationary pressure?

1.Domestic currency heads for depreciation.

2.Exports become less competitive with imports getting costlier.

3.Cost of borrowing decreases.4.Bondholders get benefitted.

 

Select the correct answer using the code given below.

 

A) 1 and 2 B) 2 and 3
C) 1 and 3 only D) 1, 3 and 4
 
Answer & Explanation Answer: C) 1 and 3 only

Explanation:

Creditors and debtors:

During inflation creditors lose because they receive in effect less in goods and services than if they had received the repayments during a period of low prices. Debtors, on other hand, as a group gain during inflation, since they repay their debts in currency that has lost its value.The aggregate volume of internal trade tends to increase during inflation due to higher incomes, greater production and larger spending. But the export trade is likely to suffer on account of arise in the prices of domestic goods.

The same currency unit will now buy less goods and services.But the bondholders lose as they get a fixed interest the real value of which has already fallen.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Which one of the following with regard to the term ‘bank run’ is correct?

 

A) The net balance of money a bank has in its chest at the end of the day’s business B) The ratio of bank’s total deposits and total liabilities
C) A panic situation when the deposit holders start withdrawing cash from the banks D) The period in which a bank creates highest credit in the market
 
Answer & Explanation Answer: C) A panic situation when the deposit holders start withdrawing cash from the banks

Explanation:

A bank run occurs when a large number of people withdraw their money from a bank, because they believe the bank may cease to function soon.

A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as people suddenly try to convert their threatened deposits into cash or try to get out of their domestic banking system altogether.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Which one of the following statements about the Missile Technology Control Regime is not correct?

 

A) The Missile Technology Control Regime is an informal and voluntary partnership initially formed among G-7 countries. B) Members of the Missile Technology Control Regime prevent the proliferation of missile and unmanned aerial vehicle technology capable of carrying above 500 kg payload for more than 300 km.
C) China applied to join the Regime but members did not offer the membership. D) No other country outside the membership follows the Regime rules.
 
Answer & Explanation Answer: D) No other country outside the membership follows the Regime rules.

Explanation:

The Missile Technology Control Regime (MTCR) is a multilateral export control regime. It is an informal and voluntary partnership among 35 countries to prevent the proliferation of missile and unmanned aerial vehicle technology capable of carrying above 500 kg payload for more than 300 km.The Missile Technology Control Regime (MTCR) was established in April 1987 by the G7 countries.

The People's Republic of China is not a member of the MTCR but has agreed to abide by the original 1987 Guidelines and Annex, but not the subsequent revisions.Israel, Romania and Slovakia have also agreed to voluntarily follow MTCR export rules even though not yet members.

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Filed Under: General Awareness
Exam Prep: Bank Exams