Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India	B) IDBI Bank
C) United Bank of India	D) Indian Bank

Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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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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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'.

People would see bitcoin’s current price rise (1)/ as merely a reflection of their bright future (2)/ as a stateless currency. (3)/ No error. (4)

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

Answer & Explanation Answer: B) 2

Explanation:

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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'.

I was taken by surprise (A)/when I came(B)/face to face with my school friend.(C)/No error(D)

A) A	B) B
C) C	D) D

Answer & Explanation Answer: D) D

Explanation:

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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. Ifa sentence is free from error, select 'No Error'.

The scientific need for simple, stable and internationally (1)/ accepted systems for naming objects of the natural world has been (2)/ generated many formal nomenclatural systems. (3)/ No error (4)

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

Answer & Explanation Answer: B) 2

Explanation:

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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.

English may be a foreign

A-countries, but not for

B-those from India

C-language for students from other

A) BCA	B) CAB
C) BAC	D) ACB

Answer & Explanation Answer: B) CAB

Explanation:

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Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly	B) Half-yearly
C) Quarterly	D) Bi-Monthly

Answer & Explanation Answer: C) Quarterly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following elements replaced eka-Aluminium in Mendeleev's Periodic table?

A) Scandium	B) Gallium
C) Titanium	D) Germanium

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