Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both. 

A)  USD 3,00,000   B)  USD 3,50,000  
C)  USD 2,00,000   D)  USD 2,50,000  
 
Answer & Explanation Answer: D)  USD 2,50,000  

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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

0 892
Q:

Digital wallet company Paytm has launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at how much rupees per month? 

A)  Rs 300  B)  Rs 400 
C)  Rs 200  D)  Rs 500 
 
Answer & Explanation Answer:

Explanation:

Digital wallet company Paytm on Tuesday launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at Rs 100 per month. 

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

0 1134
Q:

A is 50% more efficient than B. They together start the work and 7/12th of work is left after 8 days. Find in what time B alone will complete the whole work.

A) 36 days  B) 44 days 
C) 50 days  D) 40 days 
 
Answer & Explanation Answer:

Explanation:

Ratio of efficiency of A to B is 3 : 2

Let, In 8 days they complete = (3 + 2) × 8 = 40 units

So, total work = 40 × 12/5 units

Time taken by B alone to complete whole work = 40 ×  12/5 ×2 = 48 days 

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Filed Under: Time and Work
Exam Prep: AIEEE , Bank Exams , CAT

5 8904
Q:

In a bag which contains 40 balls, there are 18 red balls and some green and blue balls. If two balls are picked up from the bag without replacement, then the probability of the first ball being red and second being green is 3/26. Find the number of blue balls in the bag.

A) 16 B) 12
C) 10 D) 14
 
Answer & Explanation Answer: B) 12

Explanation:

Total balls = 40

Red balls = 18

Let green balls are x

Then, (18/40) × (

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Filed Under: Probability
Exam Prep: AIEEE , Bank Exams , CAT

49 5192
Q:

In a match of 50 overs, team A’s average runs for first thirty overs was 4.5 runs/over while for the remaining 20 overs the average was 5.5 runs/over. Team B chased the target and lost by 10 runs. Find the average runs per over scored by team B. (team B played all the 50 overs). 

A) 4.4 B) 5.2
C) 4.7 D) 4.6
 
Answer & Explanation Answer: C) 4.7

Explanation:

Total runs scored by team

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Filed Under: Average
Exam Prep: AIEEE , Bank Exams , CAT

4 1988
Q:

From container A containing 54 liter of mixture of milk and water in ratio of 8 : 1 , 18 liter of the mixture is taken out and poured into container B in which ratio of milk to water is 3 : 1. If difference between total milk and total water in container B is 30 liter then find the quantity of initial mixture in container B. 

A) 30 Liter  B) 28 Liter 
C) 32 Liter  D) 36 Liter 
 
Answer & Explanation Answer: C) 32 Liter 

Explanation:

Let initially milk and water in container B is 3x liter and x liter respectively

Now, 3x + (8/9) × 18 – x – (1/9) × 18 = 30

3x + 16 – x – 2 = 30

x = 8

Initial quantity is container B = 8 (3 + 1) = 32 Liter.

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Filed Under: Alligation or Mixture
Exam Prep: AIEEE , Bank Exams , CAT

7 3587
Q:

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, hosts a conference on Global Digital Content Market (GDCM) 2018 in which city?

A) New Delhi  B) Bengaluru 
C) Mumbai  D)  Kolkata 
 
Answer & Explanation Answer: A) New Delhi 

Explanation:

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, hosts a conference on Global Digital Content Market (GDCM) 2018, on 14th- 15thNovember 2018, in New Delhi. The conference will feature sessions on music, film, broadcasting and publishing, as well as collective management, emerging models and the implications for the market and policy makers.

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

0 915
Q:

 Public Affairs Centre (PAC) engages in action research focussing on Sustainable Development Goals in the context of India. PAC situated in-? 

A) New Delhi B) Bengaluru
C) Mumbai D) Kolkata
 
Answer & Explanation Answer: B) Bengaluru

Explanation:

The Public Affairs Centre is a not-for-profit research think tank situated in Bengaluru, Karnataka. It works at improving the quality of governance in India. The institute conducts research activities in two major fields, public policy and participatory governance.

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

1 1279