Questions

Q:

As per the guidelines issued by the RBI in September 2017, all Peer-to-Peer lending (P2P) platforms will be treated as ______.

 

A) Payment Banks   B) Small Finance Banks  
C) NBFCs D) Regional Rural Banks
 
Answer & Explanation Answer: C) NBFCs

Explanation:
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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Which  of  the  following  statements  with regard to Panchyats in India are correct?

1.Seats ina Panchayat are filled by direct election from the territorial constituencies in the Panchayat area.

2.The Gram Sabha is the body of persons registered in the electoral rolls relating to   a   village   within   the   Panchayat area.

3.The  Panchayats  work  on  the  principle of constitutional autonomy.

4.The   State   Legislature may   be   law endow  the  Panchayats  with  the  power and   authority   to   enable   them   to function.

Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 2, 3 and 4
C) 1, 2 and 4 D) 1 and 4 only
 
Answer & Explanation Answer: C) 1, 2 and 4

Explanation:
All are correct except 3, as Panchayats don’t have constitutional autonomy to work.
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following waves cannot be polarised?

A) Radio B) Ultra violet
C) Infrared D) Ultrasonic
 
Answer & Explanation Answer: D) Ultrasonic

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

'Parsec' is the unit measurement of

A) Density of stars B) Astronomical distance
C) Brightness of heavenly bodies D) Orbital velocity of giant stars
 
Answer & Explanation Answer: B) Astronomical distance

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

As a sailor jumps in the forward direction, the boat moves backwards. This example illustrates Newton's :

A) Second Law of Motion B) First and Second Law of Motion
C) Third Law of Motion D) First Law of Motion
 
Answer & Explanation Answer: C) Third Law of Motion

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In which year was Bombay Stock Exchange (BSE) established?

A) 1947 B) 1875
C) 1920 D) 1960
 
Answer & Explanation Answer: B) 1875

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

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Q:

The new symbol of Indian currency is designed by

A) Santosh Kumar B) Y.V. Reddy
C) Udayakumar D) Dr. Rangarajan
 
Answer & Explanation Answer: C) Udayakumar

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand

A) (a) Monopolistic competition, (b) Pure competition B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Monopolistic competition D) (a) Oligopoly, (b) Pure competition
 
Answer & Explanation Answer: B) (a) Pure Monopoly, (b) Monopolistic competition

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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