Q:

The constitution of India was framed by:

A) Planning Commission	B) Constituent Assembly
C) President	D) Working Committee

Answer & Explanation Answer: B) Constituent Assembly

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place	B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate	D) the market place powers all its own laws

Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which among the following is an umbrella organization for all retail payments system in India?

A) RBI	B) NPCI
C) SEBI	D) NITI Aayog

Answer & Explanation Answer: B) NPCI

Explanation:

National Payments Corporation of India is the umbrella organisation for all retail payment systems in India, which aims to allow all Indian citizens to have unrestricted access to e-payment services

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who among the following is the Chairman of the Fourteenth Finance Commission?

A) C. Rangarajan	B) Vijay Kelkar
C) Y. V. Reddy	D) Rakesh Mohan

Answer & Explanation Answer: C) Y. V. Reddy

Explanation:

The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

According to the categories of land mentioned in the Chola inscriptions ___________ was known as the land gifted to Brahmanas?

A) Vellanvagai	B) Brahmadeya
C) Shalabhoga	D) Devadana

Answer & Explanation Answer: B) Brahmadeya

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Filed Under: Indian History
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Q:

Kalinga War was fought in the year _______

A) 1604 BC	B) 261 BC
C) 731 AD	D) 1113 AD

Answer & Explanation Answer: B) 261 BC

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

How many triangles are there in the given figure?

A) 24	B) 26
C) 36	D) 32

Answer & Explanation Answer: C) 36

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was thesum lent (in Rs)?

A) 1000	B) 1500
C) 2400	D) 3000

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