Bank Exams Questions

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.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1056
Q:

The two sides holding the right-angle in a right-angled triangle are 3 cm and 4 cm long. The area of its circumcircle will be in sq.cm:

A) 6.25pi B) 6.75pi
C) 5pi D) 7pi
 
Answer & Explanation Answer: A) 6.25pi

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

0 1056
Q:

If D and E are points on the sides AB and AC respectively of a triangle ABC such that DE||BC. If AD = x cm, DB = (x – 3) cm, AE = (x + 3) cm and EC= (x – 2) cm, then what is the value (in cm) of x?

A) 3 B) 3.5
C) 4 D) 4.5
 
Answer & Explanation Answer: D) 4.5

Explanation:
Report Error

View Answer Report Error Discuss

0 1056
Q:

Consider the following information and answer questions based on it.

 

Seven bottles colored - brown, blue, black, violet, white, indigo and purple are kept in a row, in random order, from left to right such that the -

 

1. White and purple bottles are not at either extremes.

2. Brown bottle is to the immediate right of violet bottle and to the immediate left of the white bottle.

3. White, violet and brown bottles are not at the center.

4. Black bottle is to the immediate left of purple bottle.

5. Blue bottle is neither second last nor at either extremes.

 

Which of the following statement is correct?

 

A) Indigo bottle is to the immediate left of the purple bottle. B) Blue is to the immediate right of the purple bottle
C) There are at least five bottles between brown and black D) Black bottle is to the immediate right of the blue bottle
 
Answer & Explanation Answer: D) Black bottle is to the immediate right of the blue bottle

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Sequential Output Tracing
Exam Prep: Bank Exams

0 1056
Q:

P, W, Q, X, R, Y, Z and S sit randomly in a circle facing each other. Consider the following information and questions based on it.

 

1. Y sits exactly between Q and R

2. P does not sit next to either X or Z

3. Z is to the immediate right of Q

4. S sits third from left of X and the right of Y.

 

Who sits to the left of S?

A) Z B) X
C) P D) Q
 
Answer & Explanation Answer: A) Z

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

0 1055
Q:

How many groups and periods are present in the Modern Periodic Table?

A) 9 groups, 9 periods B) 7 groups, 8 periods
C) 18 groups, 7 periods D) 8 groups, 7 periods
 
Answer & Explanation Answer: C) 18 groups, 7 periods

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: Bank Exams

0 1055
Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) anotate   B) annotate  
C) annottate D) anottate
 
Answer & Explanation Answer: B) annotate  

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 1055
Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.


The Amazon basin has been continuously inhabited for at least 10, 000 years, possibly more. Its earliest inhabitants were stone-age peoples, living in hundreds of far-flung tribes, some tiny, others numbering in the tens of thousands. It was from the west that Europeans explorers first arrived. In 1541 a Spanish expedition from Quito, led by Gonzalo Pizarro, ran short of supplies while exploring east of the Andes in what is today Peru. Pizarro’s cousin Francisco de Orellana offered to take 60 men along with the boats from the expedition and forage for supplies. De Orellana floated down the Rio Napo to its confluence with the Amazon, near Iquitos (Peru), and then to the mouth of the Amazon. Along the way his expedition suffered numerous attacks by Indians; some of the Indian warriors, they reported, were female, like the Amazons of Greek mythology, and thus the world’s greatest river got its name. No one made a serious effort to claim this sweaty territory, however, until the Portuguese built a fort near the mouth of the river at Belém in 1616, and sent Pedro Teixeira up the river to Quito and back between 1637 and 1639. During the 17th and 18th centuries, Portuguese bandeirantes (groups of roaming adventurers) penetrated ever further into the rain forest in pursuit of gold and Indian slaves, exploring as far as present-day Rondônia, and the Guaporé and Madeira river valleys. Amazonian Indians had long used the sap from rubber trees to make waterproof bags and other items. European explorers recognized the potential value of natural latex, but were unable to market it because it tended to grow soft in the heat, or brittle in the cold, and thus had limited appeal outside the rain forest. However, in 1842 American Charles Goodyear developed vulcanization (made natural rubber durable) and in 1890 Ireland’s John Dunlop patented pneumatic rubber tires. Soon there was an unquenchable demand for rubber in the recently industrialized USA and Europe, and the price of rubber on international markets soared. As profits skyrocketed, so did exploitation of the seringueiros, or rubber tappers, who were lured into the Amazon, mostly from the drought-stricken northeast, by the promise of prosperity only to be locked into a cruel system of virtual slavery dominated by seringalistas (owners of rubber-bearing forests). Rigged scales, hired guns, widespread illiteracy among the rubber tappers, and monopoly of sales and purchases all combined to perpetuate the workers’ debt and misery. In addition, seringueiros had to contend with jungle fevers, Indian attacks and all manner of deprivation.


From where did the Europeans explorers first arrive?

A) The West B) The East
C) The North D) The South West
 
Answer & Explanation Answer: A) The West

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1055