Bank Exams Questions

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“Rashtriya Vayoshri Yojana” was launched by the Ministry for Social Justice and Empowerment on 1 April 2017 at Nellore (Andhra Pradesh). Under the scheme, physical aids and assisted-living devices for senior citizens were distributed to senior citizens belonging to below poverty line (BPL) category.

– The scheme has been implemented through the sole implementing agency – Artificial Limbs Manufacturing Corporation (ALIMCO), a public sector undertaking. The aids to be distributed under the “Rashtriya Vayoshri Yojana” scheme include walking sticks, elbow crutches, walkers, tripods / quadpods, hearing aids, artificial dentures and spectacles.

– The ambitious scheme, first of its kind in the country, is expected to benefit 5,20,000 Senior citizens over a period of the 3 years.

Most modern banking systems are based on Fractional reserves.

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

There are 13 colonies and are ruled by England.

The farthest north colony - Massachusetts

The farthest south colony - Georgia

The oldest colony - Virginia

The colony between the 2 parts of Massachusetts - New Hampshire

Let the greater and smaller number be p and q respectively.

4q = p + 5 ------ (I)

p = 3q+2 ------- (II)

From equation (I) and (II)

q = 7

p = 23

Sum of ages of husband, wife and child= (24 × 3) + 9 = 81 years

Sum of ages of wife and child => 25 × 2 + 10 = 50 + 10 = 60 years

Age of husband = 81 - 60 = 21 years.

Mihirakula, also Mahiragula, was one of the most important rulers of the Alchon Huns, who led a conquest and gained temporary control of Gandhara, Kashmir, northern and central India. Mihirakula was a son of Toramana, both of Huna heritage, and ruled the Indian part of the Hephthalite Empire.

Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.