Questions

Q:

In 2015, the nominal rate of interest in a country was 5.5% and the inflation rate then was 2.5%. So real rate of interest in 2015 was _________.

A) 8 percent B) 2.2 percent
C) 13.75 percent D) 3 percent
 
Answer & Explanation Answer: D) 3 percent

Explanation:
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Filed Under: Indian Economy

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Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive Voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active Voice.

 

The old owl will listen to the squirrel's problems, patiently.

A) The squirrel's problems shall be listened patiently by the old owl. B) The squarrel's problems will be listened to patiently by the old owl.
C) The squirrel's problems would be listened patiently by the old owl. D) The squirrels problems should be listened patiently by the old owl.
 
Answer & Explanation Answer: B) The squarrel's problems will be listened to patiently by the old owl.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


The scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


The scene will now shift to obtaining __________________ instruments

A) enough B) full
C) lavish D) comfortable
 
Answer & Explanation Answer: A) enough

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

The payment was collected by the hardworking salesman.

A) The hardworking salesman collected the payment. B) The salesman who worked hard was able to collect the payment.
C) To collect the payment the salesman had to work hard. D) The hardworking salesman was able to collect the payment.
 
Answer & Explanation Answer: A) The hardworking salesman collected the payment.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

Evening prayer in church

A) Sheath B) Jig
C) Waltz D) Vespers
 
Answer & Explanation Answer: D) Vespers

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who conferred the title of 'Gurudev' on Rabindranath Tagore?

A) Mahatma Gandhi B) Pandit Nehru
C) Lala Lajpat Rai D) Bal Gangadhar Tilak
 
Answer & Explanation Answer: A) Mahatma Gandhi

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Who was the Guru of the music maestro Tansen?

A) Bisaldev B) Haridas
C) Saint Gyaneshwar D) Ramanuj
 
Answer & Explanation Answer: B) Haridas

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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