Questions

Q:

To whom the Nobel Prize in Physiology or Medicine 2016 was awarded?

A) David J. Thouless B) Yoshinori Ohsumi
C) J. Michael Kosterlitz D) Sir J. Fraser Stoddart
 
Answer & Explanation Answer: B) Yoshinori Ohsumi

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

__________ is the 2016 Oscar Winner for Best Foreign Language Film.

A) Son of Saul B) Embrace of the Serpent
C) Mustang D) A War
 
Answer & Explanation Answer: A) Son of Saul

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Wayne Rooney, the famous footballer, hails from which country?

A) Italy B) Brazil
C) Argentina D) England
 
Answer & Explanation Answer: D) England

Explanation:

Wayne Rooney was born on October 24, 1985, in Croxteth, Liverpool, England.

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Name the team which won the Santosh Trophy for the 32nd time in 2017?

A) Odisha B) West Bengal
C) Andhra Pradesh D) Punjab
 
Answer & Explanation Answer: B) West Bengal

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams , AIEEE

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Q:

__________ was launched by Prime Minister Narendra Modi as a part of the Beti Bachao, Beti Padhao campaign.

A) Sukanya Samridhi Account B) Bal Swachta Mission
C) Pradhan Mantri Jan Dhan Yojana D) Beti Bachao Beti Padhao Yojana
 
Answer & Explanation Answer: A) Sukanya Samridhi Account

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

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Q:

Which country will chair the 2019 summit of the Association of Southeast Asian Nations (ASEAN)? 

A) Japan B) Singapore
C) China D) Thailand
 
Answer & Explanation Answer: D) Thailand

Explanation:

Thailand will chair the first 2019 summit of the Association of Southeast Asian Nations.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams

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Q:

What is the minimum paid-up equity capital for small finance banks?

A) Rs 10 crore  B) Rs 500 crore 
C) Rs 100 crore  D) Rs 200 crore 
 
Answer & Explanation Answer: C) Rs 100 crore 

Explanation:

The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore. 

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

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Q:

LRS is a facility provided by the Reserve Bank of India for all the resident individuals to freely remit a certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions. Here ‘LRS’ stands for ____.

A) Liquidity Remittance Scheme B) Liberalised Remittance Scheme
C) Liberalised Remittance Source D) Liberalised Revenue Scheme
 
Answer & Explanation Answer: B) Liberalised Remittance Scheme

Explanation:

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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