Q:

When an account is declared as Inoperative & Dormant Accounts?

A) Only after 2 years from the date of the lasttransaction	B) Only after 3 years from the date of the lasttransaction
C) Only after 1 years from the date of the lasttransaction	D) Only after 10 years from the date of thelast transaction

Answer & Explanation Answer: A) Only after 2 years from the date of the lasttransaction

Explanation:

Schedule bank’s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.

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Filed Under: General Awareness

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Q:

In June 2017, National Biopharma Mission named ‘i3’ was launched. This mission is aimed to accelerate biopharma critical development in the country.What does ‘i3’ stand for?

A) Invest in India	B) Innovate in India
C) Introduce in India	D) No option is correct.

Answer & Explanation Answer: B) Innovate in India

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The form of power structure in which power effectively rests with a faction of persons or families is called

A) Tyranny	B) Fascism
C) Oligarchy	D) Plutocracy

Answer & Explanation Answer: C) Oligarchy

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which among the following Amendment Act is also known as 'Mini Constitution'?

A) 2nd Amendment	B) 42nd Amendment
C) 48th Amendment	D) 57th Amendment

Answer & Explanation Answer: B) 42nd Amendment

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Panchayati Raj system is based on the principle of

A) Decentralisation	B) Centralisation
C) Recentralisation	D) None of the above

Answer & Explanation Answer: A) Decentralisation

Explanation:

Panchayati Raj system is based on the principle of Decentralisation. Panchayati Raj is an important feature of Indian polity ensuring direct participation of common people (Article 243 G – 243 H) in decision making. this system was introduced by a constitutional amendment in 1992.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The SI unit of acceleration is __________.

A) ms-1	B) ms-2
C) ms2	D) m/s

Answer & Explanation Answer: B) ms-2

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The Mongols under ___________ invaded Transoxiana in north-east Iran in 1219.

A) Timur Lang	B) Nadir Shah
C) Ahmed Shah Abdali	D) Genghis Khan

Answer & Explanation Answer: D) Genghis Khan

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The Dadasaheb Phalke Award is awarded for significant public achievement in which field?

A) Journalism	B) Literature
C) Films	D) Sports

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