Q:

To be a voter in India, what is the minimum qualifying age?

A) 24 Years	B) 22 Years
C) 20 Years	D) 18 Years

Answer & Explanation Answer: D) 18 Years

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1330

Q:

"Taxes on agricultural income" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

A) Union	B) State
C) Global	D) Concurrent

Answer & Explanation Answer: B) State

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who presented the first Union Budget in 1947?

A) Indira Gandhi	B) Morarji Desai
C) R. K. Shanmukham Chetty	D) John Mathai

Answer & Explanation Answer: C) R. K. Shanmukham Chetty

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 1330

Q:

A lemon kept in water in a glass tumbler appears to be bigger than its actual size when viewed from the sides. This is because of

A) reflection of light	B) internal reflection of light
C) refraction of light	D) diffraction of light

Answer & Explanation Answer: C) refraction of light

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

2 1330

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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Q:

What was Norway's rank in 2016 Human Development Index published by the United Nations Development Programme?

A) 1	B) 10
C) 100	D) 200

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Emblica officinalis is the scientific name of

A) Peepal	B) Mango
C) Amla	D) Drumstick

Answer & Explanation Answer: C) Amla

Explanation:

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT

1 1329

Q:

The phenomena of raising the outer edge of the curved roads above the inner edge to provide necessary centripetal force to the vehicles to take a safe turn is called _____.

A) banking of roads	B) cornering of roads
C) elevation of roads	D) tempering of roads

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