Q:

Under which Article was Emergency in India declared in 1975?

A) Article 1	B) Article 152
C) Article 286	D) Article 352

Answer & Explanation Answer: D) Article 352

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In January 2018, the Companies (Amendment) Act, 2017 was notified. Few provisions in the amendment Act have important bearing on the working of the______.

A) Insolvency and Bankruptcy Code (IBC), 2016	B) NABARD (amendment) Bill, 2017
C) AMASR (amendment) Bill, 2017	D) No option is correct

Answer & Explanation Answer: A) Insolvency and Bankruptcy Code (IBC), 2016

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT

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Q:

Kishori amonkar died recently. He was associated with which of the following fields?

A) Classical Vocalist	B) Classical Dancer
C) Sports	D) Politician

Answer & Explanation Answer: A) Classical Vocalist

Explanation:

Kishori amonkar died recently. He was associated with Classical Vocalist.

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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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Exam Prep: Bank Exams

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Q:

Who among the following is the executive head of state in India?

A) Prime Minister	B) President
C) Cabinet Secretary	D) Finance Secretary

Answer & Explanation Answer: B) President

Explanation:

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Q:

The chemical that is used to ripen mangoes is

A) Calcium sulphide	B) Calcium carbide
C) Calcium carbonate	D) Calcium chloride

Answer & Explanation Answer: B) Calcium carbide

Explanation:

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Q:

Pneumonia affects which of the following organs of human body?

A) Kidneys	B) Lungs
C) Throat	D) Liver

Answer & Explanation Answer: B) Lungs

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The ____ architecture maily consists Chaityas, Viharas, Stupas and Stambhas.

A) Maurya	B) Buddhist
C) Hindu	D) Mughal

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