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Q:

Which among the following is an umbrella organization for all retail payments system in India?

A) RBI B) NPCI
C) SEBI D) NITI Aayog
 
Answer & Explanation Answer: B) NPCI

Explanation:

National Payments Corporation of India is the umbrella organisation for all retail payment systems in India, which aims to allow all Indian citizens to have unrestricted access to e-payment services

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Q:

Who is the Chief Executive Officer (CEO) of JP Morgan India as of February 2018?

A) Naina Lal Kidwai B) Kalpana Norparia
C) Shanthi Ekambaram D) Usha Ananthasubramanian
 
Answer & Explanation Answer: B) Kalpana Norparia

Explanation:
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Q:

In October 2017, the biggest ever highway project was launched in India. It aims to develop approximately how many kilometers of roads by year 2022?

 

A) 65000 B) 83000
C) 1,00,000 D) 50000
 
Answer & Explanation Answer: B) 83000

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Q:

Which of the following errors are identified by the compiler?

A) Logical Errors B) Hardware Errors
C) Language Errors D) Image Errors
 
Answer & Explanation Answer: A) Logical Errors

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Q:

In Microsoft Word, _____ is a position we set for placing and aligning text on a page.

A) Standard tool bar B) View Buttons
C) Formatting tool bar D) Tab stop
 
Answer & Explanation Answer: D) Tab stop

Explanation:
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Q:

What is the full form of the Indian Political Party "CPI­M"?

A) Common Party of India (Marxist) B) Common Party of India (Movement)
C) Communist Party of India (Movement) D) Communist Party of India (Marxist)
 
Answer & Explanation Answer: D) Communist Party of India (Marxist)

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Q:

What is the name of the balloon – borne instrument set to be launch by NASA to study heavy cosmic particles?

A) Super LAMBA B) Super TIGER
C) Super LION D) Super MAMA
 
Answer & Explanation Answer: B) Super TIGER

Explanation:
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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate B) Repo rate
C) Reserve repo rate D) Marginal Standing Facily
 
Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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