Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021	B) March, 2019
C) March, 2022	D) March, 2020

Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

15% of an alloy was silver. If in a quantity of alloy there was 51 g of silver, what was the quantity of the other elements in the alloy?

A) 204 g	B) 340 g
C) 300 g	D) 289 g

Answer & Explanation Answer: D) 289 g

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In this section, each of the following sentences has a blank space and four words are given below it. select the word or group of words you consider most appropriate for the blank space and indicate your response on the Answer Sheet accordingly.

He _________ the role of the organization in creating environmental awareness among the people.

A) collaborated	B) commanded
C) contrasted	D) commended

Answer & Explanation Answer: D) commended

Explanation:

Commended, commended means appreciated. Collaborated, commanded and contrasted are out of context. Collaborated means to work jointly with others. Commanded mean to direct authoritatively. Contrasted means compared or appraised in respect to differences.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

It is not _____ to ignore all allegations of booth capturing and rigging as murmurs of _____ losers. _____ have come to light of intimidation of whole villages and communities to make them vote for a particular candidate or party. At times election officials have been _____ by unscrupulous politicians into turning a blind eye to _____ practices.

It is not _____ to ignore all allegations of booth capturing

A) realistic	B) reliable
C) required	D) essential

Answer & Explanation Answer: A) realistic

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following is NOT a property of acids?

A) Acids form salts with bases	B) Acids have bitter taste
C) Acids have sour taste	D) Acids turn blue litmus red

Answer & Explanation Answer: B) Acids have bitter taste

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

On 9 January 2018, the Companies (Amendment) Act, 2017 amended some provisions of ______.

A) Companies Act, 1956	B) Companies Act, 2011
C) Companies Act, 2013	D) Companies Act, 2014

Answer & Explanation Answer: C) Companies Act, 2013

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What does “L” stand for in PMLA?

A) Leverage	B) Limit
C) Lending	D) Liberalised

Answer & Explanation Answer:

Explanation:

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

According to the distance of planets from the Sun, which of the following order is correct?

A) Mercury, Venus, Earth, Mars	B) Mercury, Earth, Mars, Venus
C) Mercury, Mars, Earth, Venus	D) Mercury, Mars, Venus, Earth

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