Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both.

A) USD 3,00,000	B) USD 3,50,000
C) USD 2,00,000	D) USD 2,50,000

Answer & Explanation Answer: D) USD 2,50,000

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

0 1096

Q:

Which one of the following writs is issued by the Supreme Court to secure the freedom of a person upon unlawful arrest?

A) Habeas Corpus	B) Mandamus
C) Certiorari	D) Quo Warranto

Answer & Explanation Answer: A) Habeas Corpus

Explanation:

Habeas Corpus: a writ requiring a person under arrest to be brought before a judge or into court, especially to secure the person's release unless lawful grounds are shown for their detention.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The right to form associations and unions is a right

A) guaranteed to everybody	B) to freedom guaranteed to citizens only
C) to equality before law	D) to life and personal liberty

Answer & Explanation Answer: B) to freedom guaranteed to citizens only

Explanation:

Article 19 (1) (c) of the Constitution guarantees to all citizens the right “to form associations and unions.” Under clause (4) of Article 19, however, the State may by law impose reasonable restrictions on this right in the interest of public order, morality or sovereignty and integrity of India.As per the Article 19 of the Constitution, the right to form associations and unions is a fundamental right guaranteed only to citizens.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

According to Article 80 of Indian Constitution, Rajya Sabha can have a maximum strength of 250 members. Out of these 250 members how many are representatives of States and Union Territories?

A) 230	B) 236
C) 238	D) 242

Answer & Explanation Answer: C) 238

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In which one of the following places was Asia’s first Export Processing Zone (EPZ) set up?

A) Santa Cruz	B) Kandla
C) Cochin	D) Surat

Answer & Explanation Answer: B) Kandla

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Shimla is the capital of which Indian State?

A) Chattisgarh	B) Goa
C) Himachal Pradesh	D) Jharkhand

Answer & Explanation Answer: C) Himachal Pradesh

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In which of the following plants are buds produced in the notches along the leaf margin?

A) Bryophyta	B) Banana
C) Rose	D) Bryophyllum

Answer & Explanation Answer: D) Bryophyllum

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Alveoli is related to which of the following system of human body?

A) Circulatory system	B) Excretory system
C) Reproductive system	D) Respiratory system

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