Questions

Q:

In October 2017, RBI planned to make ______ compulsory for companies having aggregate exposure over Rs 5 crore.

A) Index Identifier B) Economic Fund Identifier
C) Legal Entity Identifier D) No option is correct
 
Answer & Explanation Answer: C) Legal Entity Identifier

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

"Residex Index" is associated with which of these?

A) Share Prices B) Mutual Fund Prices
C) Price Inflation Index D) Housing Prices
 
Answer & Explanation Answer: D) Housing Prices

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

What is the total number of members in Rajya Sabha from States and Union Territories?

A) 218 B) 228
C) 238 D) 248
 
Answer & Explanation Answer: C) 238

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

At which rate, Reserve Bank of India borrows money from commercial banks?

A) Bank Rate B) Repo Rate
C) Reverse Repo Rate D) Statutory Liquidity Rate
 
Answer & Explanation Answer: C) Reverse Repo Rate

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

According to the Election Commission of India, in order to be recognized as a ‘National Party’, a political party must be treated as a recognized political party in how many States?

 

A) At least two States B) At least three States
C) At least four States D) At least five States
 
Answer & Explanation Answer: C) At least four States

Explanation:

Trinamool Congress became the 7th political party to be recognized as a National Party in September 2016.

Conditions for Recognition as a National Party

1. Secure at least 6% of the valid vote in an Assembly or a Lok Sabha General Election in any four or more states and won at least 4 seats in a Lok Sabha General Election from any State or States.

2. Win at least 2% of the total Lok Sabha seats in a Lok Sabha General Election and these seats have to be won from at least 3 states.

3. The party is recognized as a State Party in at least four states.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

India, a country of more than 1 billion (1)/ population, is emerged as the (2)/ economic superpower of the world. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.:

 

"I'm off to the games. Where are you going?"

A) He said he would be off to the games and wanted to know where I was going. B) He said he was going off to the games and wanted to know where I was planning to go.
C) He said he is going off to the games and asked me where I was planning to go. D) He said that he was off to the games and wanted to know where I was going.
 
Answer & Explanation Answer: D) He said that he was off to the games and wanted to know where I was going.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct

 

1. My friend Peter went to live in a village.
P. But it was a very slow animal.
Q. So Peter bought a donkey for five hundred rupees.
R. One day his neighbour told him that he must buy a donkey.
S. Every family there had a donkey to carry things for them.
6. It did not like to work.

A) RSPQ B) QPSR
C) SRQP D) RSQP
 
Answer & Explanation Answer: C) SRQP

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Filed Under: English
Exam Prep: Bank Exams

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