Questions

Q:

Which  one  of  the  following  statements  is not correct regarding the Office of the Vice President of India?

A) The  vice  President  is  elected  by  an electoral   college   consisting   of   the elected members of both the Houses of the Parliament. B) The    vice    President    is    elected    in accordance    with    the    system    of proportional  representation  by  means of single transferab
C) The   Vice   President   shall   not   be   a member    of    either    House    of    the Parliament   or   of   a D) The  Vice  President  of  India  shall  be  ex officio   Chairman   of   the   Council   of States  and  shall  not  hold  any  office 
 
Answer & Explanation Answer: A) The  vice  President  is  elected  by  an electoral   college   consisting   of   the elected members of both the Houses of the Parliament.

Explanation:

The Vice-President is elected by an electoral  college  consisting  of  both elected and nominated members of both   Houses   of   Parliament,   in accordance   with   the   system   of proportional     representation     by means  of  the  single  transferable vote   and   the   voting   in   such election  is  by  secret  ballot.  The Vice-President  is  not  a  member  of either  House  of  Parliament  or  of  a House of a Legislature of any state. 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who appears on behalf of the Government of India in all cases in the Supreme Court in which Government of India is concerned?

A) Comptroller and Auditor General of India B) Advocate General of State
C) Attorney General of India D) Chief Election Commissioner of India  
 
Answer & Explanation Answer: C) Attorney General of India

Explanation:
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Filed Under: Indian Politics
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Q:

Which Indian author in May 2016 won the prestigious 2016 Scholastic Asian Book Award for her work 'Codex : The Lost Treasure of the Indus' ?

A) Anita Desai B) Aditi Krishna Kumar
C) Rupa Iyer D) Preethi Nair
 
Answer & Explanation Answer: B) Aditi Krishna Kumar

Explanation:
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Filed Under: Books and Authors
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Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320 B) 12,000
C) 12,320 D) 12,500
 
Answer & Explanation Answer: C) 12,320

Explanation:
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Q:

South Asian University (SAU), a joint SARC University of SAARC Nations, has been established in___________.

A) New Delhi   B) Male
C) Colombo D) Dhaka
 
Answer & Explanation Answer: A) New Delhi  

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Find the odd word/letters/number from the given alternatives.

A) Apartment B) Garage
C) Quarter D) Flat
 
Answer & Explanation Answer: B) Garage

Explanation:
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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

Explanation:
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Filed Under: Indian Economy
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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
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