Q:

Pandit Lachhu Maharaj, who passed away recently, was associated with

A) Flute	B) Tabla
C) Kathak	D) Bharatnatyam

Answer & Explanation Answer: B) Tabla

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

With which religion is Kaivalya associated?

A) Buddhism	B) Jainism
C) Hinduism	D) Sikhism

Answer & Explanation Answer: B) Jainism

Explanation:

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Filed Under: Indian History
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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Q:

Union Cabinet approves amendments in M-SIPS to attract investment in electronics manufacturing. What is the full form of M-SIPS?

A) Modified Sustainable Investment Package Scheme	B) Modified Special Information Package Scheme
C) Modified Special Incentive Package Scheme	D) Modern Socialist Incentive Package Scheme

Answer & Explanation Answer: C) Modified Special Incentive Package Scheme

Explanation:

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Filed Under: General Awareness
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

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

'Stand up India' scheme launched by the Prime Minister recently is related with

A) Promotion of entrepreneurship among SC, ST and Women	B) Promotion of rights of Divyangs
C) Promotion of compulsory education for women	D) Promotion of Indian exports in western countries

Answer & Explanation Answer: A) Promotion of entrepreneurship among SC, ST and Women

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which type of city administration controls smaller urban areas?

A) Nagar Panchayat	B) Municipal Council
C) Municipal Corporation	D) No option is correct.

Answer & Explanation Answer: B) Municipal Council

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In 2007, which monument was declared a winner of the New 7 Wonders of the World?

A) Taj Mahal	B) Hawa Mahal
C) Agra Fort	D) Lotus Temple

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