Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both.

A) USD 3,00,000	B) USD 3,50,000
C) USD 2,00,000	D) USD 2,50,000

Answer & Explanation Answer: D) USD 2,50,000

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

0 1113

Q:

What does “L” stand for in PMLA?

A) Leverage	B) Limit
C) Lending	D) Liberalised

Answer & Explanation Answer:

Explanation:

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1113

Q:

The mass per unit volume is called

A) Force	B) Work
C) Density	D) Pressure

Answer & Explanation Answer: C) Density

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

0 1113

Q:

Find the odd word/letters/number pair from the given alternatives.

A) High-Up	B) Past-Present
C) Often-Seldom	D) Fresh-Stale

Answer & Explanation Answer: A) High-Up

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

0 1113

Q:

The World Trade Organisation, which replaced GATT, has its Head Quarters in

A) Vienna	B) Brussels
C) New York	D) Geneva

Answer & Explanation Answer: D) Geneva

Explanation:

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Filed Under: World Organisations
Exam Prep: Bank Exams

1 1113

Q:

Which film is India's official entry for the Academy awards?

A) Shakuntala devi	B) Jallikattu
C) Chhapaak	D) The Disciple

Answer & Explanation Answer: B) Jallikattu

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 1113

Q:

In the following question, select the odd letter/letters from the given alternatives

A) HQX	B) CLU
C) ENW	D) GPY

Answer & Explanation Answer: A) HQX

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

0 1113

Q:

Which of the following events is NOT considered for the time being of Viceroy Lord Lytton?

A) Afghan War	B) Burma war
C) Arms Act	D) Press Act

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