Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Filed Under: General Awareness

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Q:

Which of the following statements are correct about ‘Saakshar Bharat’ scheme?

1.It is a centrally sponsored scheme which was launched during the Eleventh Five-year Plan.

2.The scheme applies to women in particular and disadvantaged groups in general.

3.The scheme applies to persons above the age of 10 years.

4.The scheme is anchored with Panchayati raj Institutions and Local self-Government.Select the correct answer using the code given below.

A) 1, 2 and 3	B) 2, 3 and 4
C) 1,2 and 4	D) 1, 3 and 4

Answer & Explanation Answer: C) 1,2 and 4

Explanation:

Saakshar Bharat scheme was launched on 8th September 2009 during the 11th Five Year Plan, with an aim to raise literacy rate to 80%, to bridge gender gap to 10% .The scheme is anchored with Panchayati Raj Institutions and Local Self-government to decrease regional and social disparities and to focus on women, SCs, STs, minorities and other disadvantaged groups. It focused mainly on adult education, with emphasis on non-literates in the age group of 15-36 years.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following award is given for distinguished service in any field including service rendered by the Government servants?

A) Ashok Chakra	B) Dada Saheb Phalke Awards
C) Arjuna Award	D) Padma Shri

Answer & Explanation Answer: D) Padma Shri

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is referred to as 'Frontier Gandhi'?

A) Sheikh Abdullah	B) Manilal Gandhi
C) Khan Abdul Gaffar Khan	D) Gopal Krishna Gokhale

Answer & Explanation Answer: C) Khan Abdul Gaffar Khan

Explanation:

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Filed Under: Famous Personalities

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Q:

In the following question, select the missing number from the given series.1 108, 81, 54, 27, ?

A) -1	B) -5
C) 0	D) 2

Answer & Explanation Answer: C) 0

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

The total production of Rice, Wheat, sugar and Tea (In Kgs) is 500000 Kgs. The production of Rice in the country is

A) 175000 Kg	B) 395000 kg
C) 275000 Kg	D) 27500 Kg

Answer & Explanation Answer: C) 275000 Kg

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

If a chord of a circle subtends an angle of 30° at the circumference of the circle, then what is the ratio of the radius of the circle and the length of the chord respectively?

A) 1 : 1	B) 2 : 1
C) 3 : 1	D) √2 : 1

Answer & Explanation Answer: A) 1 : 1

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

The 18th Asian Games also known as 'Asiad' will be held in 2018 in

A) Bangkok	B) Jakarta
C) Beijing	D) Seoul

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