Questions

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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Q:

A motion that seeks to reduce the amount of demand presented by government to Rs. 1/- is known as

A) Disapproval of policy Cut B) Token cut
C) Economy cut D) Vote on account
 
Answer & Explanation Answer: A) Disapproval of policy Cut

Explanation:
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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.


The public sector banks are witnessing in india a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.

 

What according to the author, are the public sector banks witnessing.

A) A period of profit B) A period of change
C) A period of certainity D) A loss making period
 
Answer & Explanation Answer: B) A period of change

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

As the improvement in his situation was ______________, the doctor did not discharge him.

A) marginal B) tiny
C) microscopic D) negated
 
Answer & Explanation Answer: A) marginal

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

I won't be able to come to the party, as I have certain _______________ to meet.

A) promises B) commitments
C) assurances D) tasks
 
Answer & Explanation Answer: B) commitments

Explanation:
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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.

 

He writes a poem everyday for her.

A) Writing of a poem by him for her has been done everyday. B) Everyday he has written a poem for her.
C) A poem is written by him for her everyday. D) He has himself written a poem for her everyday.
 
Answer & Explanation Answer: C) A poem is written by him for her everyday.

Explanation:
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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.


In Greek mythology, it is said that Lycurgus, the ruler of Sparta, ___________ a promise from his ____________, assuring him of the immutability of his laws till he returned from an _______________ journey. To make his laws immutable, Lycurgus _____________. Seven justices of the Indian Supreme Court on a historic day in 1973 christened themselves as modern­day Lycurguses, seeking to create, in India's constitutional context, an island of immutability, ___________ titled the "basic structure".

To make his laws immutable, Lycurgus _____________.

A) did not return B) never did return
C) never returns D) never returned
 
Answer & Explanation Answer: D) never returned

Explanation:
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Ramesh is far arrogant(A)/to learn the error(B)/of his ways.(C)/No error(D).

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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