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Q:

Which of the following country has recently declared 3 month emergency following a failed military coup?

A) Sudan B) Turkey
C) Maldives D) Syria
 
Answer & Explanation Answer: B) Turkey

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Filed Under: General Awareness

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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:

Who takes the decision regarding the savings and loan activities in a Self Help Group (SHG)?

A) Private Bank B) Reserve Bank of India
C) Members of group D) Non Government Organizations
 
Answer & Explanation Answer: C) Members of group

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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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Filed Under: General Awareness
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Q:

Sectoral distribution of GDP index measures_________

A) Agriculture development of a country B) Economic development of a country
C) Social development of a country D) Socio­Economic development of a country
 
Answer & Explanation Answer: B) Economic development of a country

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Scuttle

A) Solitary B) Superficial
C) Soothing D) Brazier
 
Answer & Explanation Answer: D) Brazier

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The male sex organs in a flower is the __________.

A) Zoospores B) stamen
C) pistil D) Chlorophyceae
 
Answer & Explanation Answer: B) stamen

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Absolute Zero is defined as

A) The temperature at which all molecular motion ceases B) At which water boils at 298K
C) At which liquid Helium boils D) At which the volume becomes zero
 
Answer & Explanation Answer: A) The temperature at which all molecular motion ceases

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Filed Under: Chemistry
Exam Prep: Bank Exams

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