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Q:

Which   one   of   the   following   statements about   the   All India   Depressed   Classes Association is not correct?

A) The    All    India    Depressed    Classes Association was formed in Nagpur with M.   C.   Rajah   as   its   first   elected President. B) The    All    India    Depressed    Classes Association was not attended by Dr. B. R. Ambedkar in 1926
C) Ambedkar  resigned  from  the  All  India Depressed   Classes   Association   and formed  his  own  All  India  Depressed Classes Congress in 1930. D) The    All    India    Depressed    Classes association   favoured   Ambedkar’s demand for separate electorate for the depressed classes.
 
Answer & Explanation Answer: C) Ambedkar  resigned  from  the  All  India Depressed   Classes   Association   and formed  his  own  All  India  Depressed Classes Congress in 1930.

Explanation:
Dr. B. R. Ambedkar never resigned from All India Depressed class association.
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Filed Under: Indian History
Exam Prep: Bank Exams

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  B.  R.  Ambedkar  withdrew  from  active politics   for   almost   a   decade   when   the Communal Award was revoked.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
Exam Prep: Bank Exams

Q:

Statement I :The  passing  of  the  Coercive Acts  made reconciliation   between   Britain   and   her American colonies virtually impossible.

Statement II :The  British  Parliament,  having  issued  the Stamp Act in 1765, repealed it later.

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: B) Both the statements are individually true but Statement II is not the correct explanation of Statement I

Explanation:
The Coercive Acts included a series of   laws   passed   by   the   British Parliament    in    1774,    including Boston Port Act, the Massachusetts Government Act, the Administration  of  Justice  Act,  and the  Quartering  Act  of  1774,  which were  meant  to  punish  American colonies  for  throwing  a  large  tea shipment  into  Boston Harbour,  so,the  passing  of  the  Coercive  Acts made reconciliation between Britain  and  her  American  colonies virtually impossible. The Stamp Act of  1765  was  passed  by  Parliament of  Great  Britain to  impose  a  direct tax   on   the   colonies   of   British America.  It  was  later  repealed  on March 18, 1766 after protest.
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Filed Under: General Awareness
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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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

The    Indian    Navy    in    October    2016 commissioned   the   highly   maneuverable fast  attack  craft  INS  Tihayu.  INS  Tihayu would be based in

A) Kochi B) Panaji
C) Visakhapatnam D) Mumbai
 
Answer & Explanation Answer: C) Visakhapatnam

Explanation:

The Indian Navy commissioned the highly   manoeuvrable   fast   attack craft  INS  Tihayu  at  the  Eastern Naval   Command   on   19   October 2016.  The  ship  was  commissioned at  Visakhapatnam  under  the  Naval Officer-in-Charge (Andhra Pradesh) and  would  be  deployed  for  coastal patrol  and  surveillance  operations along the Eastern Coast.

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Filed Under: General Awareness
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
Exam Prep: Bank Exams

Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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