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Q:

In which Sport in Olympics, India has won maximum Gold Medals?

A) Shooting B) Wrestling
C) Hockey D) Athletics
 
Answer & Explanation Answer: C) Hockey

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Filed Under: Sports
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Q:

The first Asian city to host Summer Olympics was _________ .

A) Moscow B) Beijing
C) Tokyo D) Singapore
 
Answer & Explanation Answer: C) Tokyo

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Filed Under: Sports
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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Copious

 

A) Counterfeit B) Plentiful
C) Commendable D) Deficient
 
Answer & Explanation Answer: B) Plentiful

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Filed Under: English
Exam Prep: Bank Exams

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Q:

 In Microsoft Word, _____________ refers to the way our text will look like.

A) Inserting B) Formatting
C) Cutting D) Pasting
 
Answer & Explanation Answer: B) Formatting

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Filed Under: Computer
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Q:

Books in electronic formats are called _________.

A) i-books B) e-books
C) e-library D) e-learning
 
Answer & Explanation Answer: B) e-books

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Q:

A raised hammer possesses

A) Kinetic energy B) Mechanical energy
C) Muscular energy D) Potential energy
 
Answer & Explanation Answer: D) Potential energy

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Filed Under: Physics
Exam Prep: Bank Exams , CAT

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Q:

Which Railway station in Uttar Pradesh (UP) has been renamed as 'Maa Barahi Devi Dham'?

A) Dandupur railway station B) Amroha railway station
C) Basti railway station D) Subedarganj railway station
 
Answer & Explanation Answer: A) Dandupur railway station

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Filed Under: General Awareness
Exam Prep: Bank Exams

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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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