Sawaal

  Questions

Popular Latest Rated
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.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1511
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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1511
Q:

The Chairman of the National Disaster Management Authority (NDMA) is

A) National Security Advisor B) Prime Minister of India
C) Chief of DRDO D) Home Minister of India
 
Answer & Explanation Answer: B) Prime Minister of India

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

1 1511
Q:

With which Australian University Indian Railways has signed an agreement for Dedicated Freight Corridor?

A) Monash University B) Victoria University
C) University of Canberra D) University of Sydney
 
Answer & Explanation Answer: A) Monash University

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1511
Q:

Red rot is a disease caused to which of the following plant?

A) Paddy B) Sugarcane
C) Mustard D) Wheat
 
Answer & Explanation Answer: B) Sugarcane

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: Bank Exams

2 1511
Q:

What is the mean temperature of Earth?

A) 6 degree Celsius B) 16 degree Celsius
C) 26 degree Celsius D) 36 degree Celsius
 
Answer & Explanation Answer: B) 16 degree Celsius

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: Bank Exams

2 1511
Q:

The ability to memorize well is an example of

A) a personal quality B) a personal skill
C) self-evaluation D) personal awareness
 
Answer & Explanation Answer: B) a personal skill

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: Bank Exams

1 1511
Q:

India's famous Mars ­Mission was called?

A) BRO B) SIS
C) MOM D) DAD
 
Answer & Explanation Answer: C) MOM

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: Bank Exams

1 1510