Questions

Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Several countries ___________________ the world are now replacing the __________________ model of criminal justice partly _____________________ wholly with different models of restorative justice, _____________________ promising results in crime control. The process is more collaborative, consensual and inclusive, that is characteristic ____________________ indigenous systems of justice.

 

that is characteristic ____________________ indigenous systems of justice.

 

A) for B) as
C) of D)  like
 
Answer & Explanation Answer: C) of

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

a rich source of something

 

A) antecedent B) lode
C) node D) provenience
 
Answer & Explanation Answer: B) lode

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P. Farmers could no longer pay their loans and some banks were closed down.
Q. Prices dropped due to increased supply, which was followed by a drought.
R. The country was well advanced in technology and farmers increased their production levels.
S. The Great Depression in America began with overproduction and low prices in the agricultural sector.

 

A) RQPS B) QPSR
C) PSRQ D) SRQP
 
Answer & Explanation Answer: D) SRQP

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who won the first T-20 Cricket World Cup?

A) West Indies B) India
C) Australia D) New Zealand
 
Answer & Explanation Answer: B) India

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Who among the following has been awarded the ‘Children’s Peace Prize-2017’?

A) Malala Yousafzai B) Mohamad Al Baruni
C) Mohamad Al Jounde D) Both A & B
 
Answer & Explanation Answer: C) Mohamad Al Jounde

Explanation:

Mohamad Al Jounde (16 years old) from Syria was awarded the ‘Children’s Peace Prize-2017’ for his efforts to ensure the rights of Syrian refugee children. He set up a school with the help of his family in a Lebanese refugee camp which provides education to 200 children.

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Filed Under: Honours and Awards

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Q:

ABCD is a cyclic quadrilateral DBA=50° and ADE=33°, then the measurement of BCD is

A) 83° B) 80°
C) 75° D) 60°
 
Answer & Explanation Answer: A) 83°

Explanation:
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Q:

In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.
UNIFORMITY

A) ANNUITY B) FORUM
C) MINT D) UNIFORM
 
Answer & Explanation Answer: A) ANNUITY

Explanation:
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