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.

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

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Q:

The first ever disaster management exercise of BIMSTEC countries was held _________ in October 2017.

A) Dhaka	B) Colombo
C) New Delhi	D) Karachi

Answer & Explanation Answer: C) New Delhi

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The tenure of the members of Lok Sabha is for how many years?

A) 11	B) 7
C) 6	D) 5

Answer & Explanation Answer: D) 5

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Intensive cultivation refers to

A) production with intensive use of labour	B) production with intensive use of fertilizer
C) raising production by intensive use of existing land	D) raising production by large scale use of imported inputs

Answer & Explanation Answer: C) raising production by intensive use of existing land

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Arrange the given words in the sequence in which they occur in the dictionary.1. Yangtze2. Yakking3. Yakuzas4. Yobbery5. Yobbish

A) 24531	B) 23145
C) 54231	D) 54321

Answer & Explanation Answer: B) 23145

Explanation:

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Filed Under: Honours and Awards

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Q:

Which Indian won a Nobel Peace Prize in 2014?

A) Kailash Satyarthi	B) Venkat Raman
C) Ram Krishnan	D) Mother Teresa

Answer & Explanation Answer: A) Kailash Satyarthi

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Alps mountain range is located in which continent?

A) Europe	B) North America
C) South America	D) Africa

Answer & Explanation Answer: A) Europe

Explanation:

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Suez Canal connects

A) Red Sea and Arabian Sea	B) Red Sea and Mediterranean Sea
C) Arabian Sea and Mediterranean Sea	D) North Sea and Baltic Sea

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