Q:

Which of the following bank will allow its customers to make card-less cash withdrawals at over 100000 ATMs across India? 

A)  Bank of Baroda  B) ICICI Bank 
C) AU Small Finance Bank  D)  State Bank of India 
 
Answer & Explanation Answer:

Explanation:

Airtel Payment Bank, India's first payments bank, has announced that its customers can now make cardless cash withdrawals at over 100,000 ATMs. 

Report Error

View Answer Report Error Discuss

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

0 1145
Q:

The four pillars of smart planning are vital to the success of Smart Cities and the Regional Smart City Initiative. Which of the following pillar is not them? 

A)  MOBILITY  B) SUSTAINABILITY
C) INFRASTRUCTURE D) CONNECTIVITY  
 
Answer & Explanation Answer: C) INFRASTRUCTURE

Explanation:

The four pillars of smart planning are vital to the success of Smart Cities and the Regional Smart City Initiative. While each is important in its own way, the four are interdependent. These are MOBILITY, SUSTAINABILITY, CONNECTIVITY and SECURITY.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT

0 1258
Q:

IRDAI has directed all third-party insurance companies to include vehicle insurance policies cover to vehicle owners-drivers of all vehicles (two-wheelers, three-wheelers, passenger vehicles and commercial vehicles) for an additional premium of- 

A) Rs 500  B) Rs 750 
C) Rs 10000  D) Rs 1000
 
Answer & Explanation Answer: B) Rs 750 

Explanation:

All vehicle insurance policies will now include personal accident cover worth Rs 15 lakh in case of the death of the owner while driving or riding. This new rule will help the families of accident victims especially two-wheeler riders who are most of the time under-insured. The Insurance Regulatory and Development Authority (IRDAI) in a circular has directed all third-party insurance companies to include this cover to vehicle owners-drivers of all vehicles (two-wheelers, three-wheelers, passenger vehicles and commercial vehicles) for an additional premium of Rs 750 per year (annual insurance policy). This will now be part of the mandatory insurance cover that is a must for all vehicle owners. 

Report Error

View Answer Report Error Discuss

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

0 1098
Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

Report Error

View Answer Report Error Discuss

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

0 989
Q:

Cheques, Drafts, Pay Orders and Banker’s Cheques are “valid for ___________________ months from the date of instrument.

A) 4 months  B) 1 months 
C) 6 months  D) 3 months 
 
Answer & Explanation Answer: D) 3 months 

Explanation:

In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949, Reserve Bank of India directs that with effect from April 1, 2012, banks should not make payment of cheques/drafts/pay orders/banker’s cheques bearing that date or any subsequent date, if they are presented beyond the period of three months from the date of such instrument. Accordingly, cheques, Drafts, Pay Orders and Banker’s Cheques are “valid for 3 months from the date of instrument”, with effect from 01.04.2012. 

Report Error

View Answer Report Error Discuss

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

0 1277
Q:

Public Sector Enterprises (PSEs) is comes under which ministry? 

A) Ministry of Heavy Industries and Public Enterprises  B) Ministry of Environment, Forest and Climate Change 
C) Ministry of Personnel, Public Grievances and Pensions  D) Ministry of Corporate Affairs 
 
Answer & Explanation Answer: A) Ministry of Heavy Industries and Public Enterprises 

Explanation:

The Ministry of Heavy Industries and Public Enterprises is a branch of the Government of India that administers 48 central public sector enterprises (PSEs) and assists them in their effort to improve capacity utilization and increase profitability, generate resources and re-orient strategies to become more competitive. 

Report Error

View Answer Report Error Discuss

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

0 959
Q:

 The 91st Academy Awards ceremony will honor the best films of 2018 and will take place at the Dolby Theatre in- 

A)  Tokyo  B) Los Angels
C) Paris D) Sydney
 
Answer & Explanation Answer: B) Los Angels

Explanation:

The 91st Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), will honor the best films of 2018 and will take place at the Dolby Theatre in Hollywood, Los Angeles, California. The ceremony will be held on February 24, 2019. 

Report Error

View Answer Report Error Discuss

Filed Under: Honours and Awards
Exam Prep: AIEEE , Bank Exams , CAT

1 968
Q:

The global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries. Global Multidimensional Poverty Index given by-? 

A) UNESCO B)  UNCTAD 
C) UNDP D) OECD
 
Answer & Explanation Answer: C) UNDP

Explanation:

The global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries. Global Multidimensional Poverty Index given by United Nations Development Programme (UNDP).

Report Error

View Answer Report Error Discuss

Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

1 889