Questions

Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Laconic

 

A) Brief B) Verbose
C) Lengthy D) Unabridged
 
Answer & Explanation Answer: A) Brief

Explanation:
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Filed Under: English
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.

 

Leaders usher

A-creates a natural tension

B-in organisational change, which

C-as the status quo fights back

 

A) ACB B) ABC
C) BAC D) CBA
 
Answer & Explanation Answer: C) BAC

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Idiosyncrasy B) Idicyncrrasy
C) Idoeosyncrasy   D) Idiocyncracy
 
Answer & Explanation Answer: A) Idiosyncrasy

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

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Q:

Who among the following was conferred with sainthood by Pope Francis in 2016?

A) Mary Euphrasia B) Kuriakose
C) Sister Alphonsa D) Mother Teresa
 
Answer & Explanation Answer: D) Mother Teresa

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , AIEEE

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Q:

What is the SI unit of frequency?

A) Newton B) Watt
C) Farad D) Hertz
 
Answer & Explanation Answer: D) Hertz

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

While cooking, if the bottom of the vessel is getting blackened on the outside, it means that ______.

A) the food is not cooked completely B) the fuel is not burning completely
C) the fuel is wet D) the fuel is burning completely
 
Answer & Explanation Answer: B) the fuel is not burning completely

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

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Q:

The Residuary powers of legislation under Indian Constitution rests with

A) President B) Prime Minister
C) Parliamen D) States
 
Answer & Explanation Answer: C) Parliamen

Explanation:
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Filed Under: Indian Politics

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