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Q:

Which one of the following statements is not correct?

A) India joined MTCR in 2016. B) India submitted a formal application for membership of the NSG in 2016.
C) India proposed the Comprehensive Convention on International Terrorism in 1996. D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.
 
Answer & Explanation Answer: D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.

Explanation:

The Commonwealth Heads of Government Meeting is held every 2 years. It is the association’s ultimate policy and decision-making forum. The November 2015 Meeting, to be held in Malta, had the theme of ‘Commonwealth –Adding Global Value’.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In October 2017, who launched ‘Sampoorna Bima Gram (SBG) Yojana’, which aims to expand the clientele base of postal life Insurance?

 

A) Manoj Sinha B) Jayant Sinha
C) Arun Jaitley D) Suresh Prabhu
 
Answer & Explanation Answer: A) Manoj Sinha

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

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Q:

The SI unit of electric charge is

A) ohm B) volt
C) ampere D) coulomb
 
Answer & Explanation Answer: D) coulomb

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In India, which among the following can be amended by Special Majority of Parliament and Consent of States?

 

I. Election of President and its manner

II. Any of the lists in Seventh Schedule

III. Amendment in Fundamental Right

 

A) Only I B) Only II
C) Both I and II D) All I, II and III
 
Answer & Explanation Answer: C) Both I and II

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

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Q:

Select the missing number from the given alternatives

A) 19 B) 22
C) 26 D) 25
 
Answer & Explanation Answer: D) 25

Explanation:
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Filed Under: Verbal Reasoning - Mental Ability

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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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

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