Q:

What is the role of "Ombudsman" in a bank?

A) To provide quality and speedy redressal of grievances of customers.	B) To provide suggestions for innovative schemes in the banks.
C) To inspect the internal working of the branches.	D) To monitor the poverty alleviation programmes

Answer & Explanation Answer: A) To provide quality and speedy redressal of grievances of customers.

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The major objective of monetary policy is to

A) increase government's tax revenue	B) revamp the Public Distribution System
C) Promote economic growth with price stability	D) weed out corruption in the economy

Answer & Explanation Answer: C) Promote economic growth with price stability

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following increases labor productivity?

A) an increase in the aggregate hours of work	B) decreases in the availability of computers and factory buildings
C) inventories of new machinery, equipment, or software	D) a decline in the health of the population

Answer & Explanation Answer: C) inventories of new machinery, equipment, or software

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

The leader said to his gang members, "Now I will tell you my plan."

A) The leader told the gang members that then he will tell them his plan.	B) The leader told the gang members that then he would tell them his plan.
C) The leader told the gang members that now he would tell them his plan.	D) The leader told the gang members that now he will tell them his plan.

Answer & Explanation Answer: B) The leader told the gang members that then he would tell them his plan.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Modern medicines has scored significant victories (1)/ against both infection and trauma - (2)/ the major causes of ill health and death. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Ring fencing

A) The place where the sport of fencing is played by two opponents.	B) Doubly protecting your assets.
C) Guarantee that funds allocated for a particular purpose will not be spent on anything else.	D) Be ready to fight for what is your right.

Answer & Explanation Answer: C) Guarantee that funds allocated for a particular purpose will not be spent on anything else.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following statements is not correct regarding the Office of the Vice President of India?

A) The vice President is elected by an electoral college consisting of the elected members of both the Houses of the Parliament.	B) The vice President is elected in accordance with the system of proportional representation by means of single transferab
C) The Vice President shall not be a member of either House of the Parliament or of a	D) The Vice President of India shall be ex officio Chairman of the Council of States and shall not hold any office

Answer & Explanation Answer: A) The vice President is elected by an electoral college consisting of the elected members of both the Houses of the Parliament.

Explanation:

The Vice-President is elected by an electoral college consisting of both elected and nominated members of both Houses of Parliament, in accordance with the system of proportional representation by means of the single transferable vote and the voting in such election is by secret ballot. The Vice-President is not a member of either House of Parliament or of a House of a Legislature of any state.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In India, which among the following can be amended by Special Majority of Parliament and Consent of States?

I. Election of President and its manner

II. Any of the lists in Seventh Schedule

III. Amendment in Fundamental Right

A) Only I	B) Only II
C) Both I and II	D) All I, II and III

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