Questions

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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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The ratio of change in velocity of a body to the total time taken by it is its __________________.

A) acceleration B) displacement
C) force D) momentum
 
Answer & Explanation Answer: A) acceleration

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams , CAT

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Q:

Which of the following is not among the three different forms of 'if' statement?

A) if... B) if...else
C) if...and D) if...else if...else
 
Answer & Explanation Answer: C) if...and

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

First man to go into space was

A) Roald Amundsen B) Reynalt Mayor
C) Robert Peary D) Major Yuri Gagarin
 
Answer & Explanation Answer: D) Major Yuri Gagarin

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: But the scenario has quite changed now-a-days by allocating a special budget of funds for security.
Q: In the last ten years, budget towards the development of military forces is higher when compared to others.
R: India earlier days gave more importance to the development of industry and less importance to other departments.
S: This is because of the frightening increase in terrorism all around the world especially emerging after the 9/11 terror attack in U.S.

A) PRQS B) SPQR
C) QSPR D) RPSQ
 
Answer & Explanation Answer: D) RPSQ

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence / a part of sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternative. In case no improvement is required, choose "No Improvement" option.

 

If I were you I'd kill him.

A) I will kill B) I should kill
C) I must kill D) No improvement
 
Answer & Explanation Answer: D) No improvement

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

If x + [1/(x + 7)] = 0, then what is the value of x – [1/(x + 7)]?

A) 3√5 B) 3√5 – 7
C) 3√5 + 7 D) 8
 
Answer & Explanation Answer: B) 3√5 – 7

Explanation:
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Q:

Who discovered bacteria?

A) Antonie Ven Leeuwenhoek B) Robert Brown
C) Robert Hook D) Robert Koch
 
Answer & Explanation Answer: A) Antonie Ven Leeuwenhoek

Explanation:
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Filed Under: Inventions
Exam Prep: Bank Exams

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