Q:

Which of the following is not a primary function of a bank?

A) Facilitating import of goods	B) Remittance facility
C) Safe custody of articles	D) Foreign Exchange

Answer & Explanation Answer: A) Facilitating import of goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1444

Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021	B) March, 2019
C) March, 2022	D) March, 2020

Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

International Date line passes through middle of __________ Ocean.

A) Arctic	B) Indian
C) Atlantic	D) Pacific

Answer & Explanation Answer: D) Pacific

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
Riya _____ her matriculation examination in 2016.

A) completed	B) passed
C) obtained	D) gathered

Answer & Explanation Answer: B) passed

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The Agra fort was built by ___________.

A) Shah Jahan	B) Akbar
C) Jahangir	D) Babur

Answer & Explanation Answer: B) Akbar

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Name the country which won the 2017 Women's Hockey Asia Cup title?

A) Nepal	B) Pakistan
C) India	D) Bangladesh

Answer & Explanation Answer: C) India

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Filed Under: Sports
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

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

The greeting card (also reducing) the need to sit down and write loving messages to our dear ones.

A) has also reduce	B) had also reduce
C) has also reduced	D) no improvement

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