Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Filed Under: General Awareness

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Q:

The Indian Navy in October 2016 commissioned the highly maneuverable fast attack craft INS Tihayu. INS Tihayu would be based in

A) Kochi	B) Panaji
C) Visakhapatnam	D) Mumbai

Answer & Explanation Answer: C) Visakhapatnam

Explanation:

The Indian Navy commissioned the highly manoeuvrable fast attack craft INS Tihayu at the Eastern Naval Command on 19 October 2016. The ship was commissioned at Visakhapatnam under the Naval Officer-in-Charge (Andhra Pradesh) and would be deployed for coastal patrol and surveillance operations along the Eastern Coast.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain	B) Kuwait
C) Oman	D) Qatar

Answer & Explanation Answer: A) Bahrain

Explanation:

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Exam Prep: Bank Exams

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Q:

Which of the following countries became the first to withdraw from the International Criminal Court (ICC) with effect from 27 October, 2017?

A) Burundi	B) Syria
C) Russia	D) Ukraine

Answer & Explanation Answer: A) Burundi

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo	B) Manohar Parrikar
C) Churchill Alemao	D) Dayanand Narvekar

Answer & Explanation Answer: B) Manohar Parrikar

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The study of human evolution indicates that all of us belong to a single species that evolved in

A) West Asia	B) Central Asia
C) Africa	D) America

Answer & Explanation Answer: C) Africa

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be atvariance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement I: All sticks are canes

Statement II: Some wands are sticks

Conclusion I: Some canes are wands

Conclusion II: No wands are canes

A) Only conclusion I follows	B) Only conclusion II follows
C) Both conclusions I and II follow	D) Neither conclusion I nor conclusion II follows

Answer & Explanation Answer: A) Only conclusion I follows

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who took over as the new CEO of IT giant Infosys at the beginning of 2018?

A) Raghuram Rajan	B) Vishal Sikka
C) Rohan Murthy	D) Salil Parekh

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