Q:

Which of the following has low resistivity?

A) Nichrome	B) Glass
C) Ebonite	D) Diamond

Answer & Explanation Answer: A) Nichrome

Explanation:

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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.

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Q:

Union Cabinet approves amendments in M-SIPS to attract investment in electronics manufacturing. What is the full form of M-SIPS?

A) Modified Sustainable Investment Package Scheme	B) Modified Special Information Package Scheme
C) Modified Special Incentive Package Scheme	D) Modern Socialist Incentive Package Scheme

Answer & Explanation Answer: C) Modified Special Incentive Package Scheme

Explanation:

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Q:

In which of the following region midnight Sun is visible?

A) In Mediterranean region	B) In equatorial region
C) In Arctic area	D) In the east of Japan

Answer & Explanation Answer: C) In Arctic area

Explanation:

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Q:

Who is the first law officer of the country?

A) Chief Justice of India	B) Attorney General
C) Law Minister	D) Solicitor General

Answer & Explanation Answer: B) Attorney General

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Q:

With which country India has signed an agreement to renew the supply of Petroleum for a period of 5 years (i.e. till 2022)?

A) Nepal	B) U.A.E.
C) Iran	D) Bhutan

Answer & Explanation Answer: A) Nepal

Explanation:

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Q:

Shahjahan built the Taj Mahal for?

A) Marjani	B) Mehbooba
C) Mehjabeen	D) Mumtaz

Answer & Explanation Answer: D) Mumtaz

Explanation:

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Q:

The method of soil conservation in which rocks are piled up to slow down the flow of water which prevents gullies and further soil loss is called?

A) Mulching	B) Contour barriers
C) Rock dam	D) Terrace farming

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