Q:

Who was the first Speaker of Lok Sabha?

A) G. V. Mavalankar	B) Sarvepalli Radhakrishnan
C) M. Ananthasayanam Ayyangar	D) M. Ananthasayanam Ayyangar

Answer & Explanation Answer: A) G. V. Mavalankar

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

According to Article 80 of Indian Constitution, Rajya Sabha can have a maximum strength of 250 members. Out of these 250 members how many are representatives of States and Union Territories?

A) 230	B) 236
C) 238	D) 242

Answer & Explanation Answer: C) 238

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The Wassenaar Arrangement has decided to admit India as its new member. Which of the following is correct with respect to the Wassenaar Arrangement?

A) It is a non-government organization	B) It is a multilateral export control regime
C) It promotes transparency and greaterresponsibility in transfer of conventional arms& dual-use goods & technologies	D) Both B & C

Answer & Explanation Answer: D) Both B & C

Explanation:

The Wassenaar Arrangement is a multilateral export control regime and plays a significant role in promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies. It has decided to admit India as its new member which would enhance its credentials in the field of non-proliferation despite not being signatory to Non-Proliferation Treaty.

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Filed Under: General Awareness

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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.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Tsunami waves are the undersea occurrence of earthquake exceeding 7.5 on Richter scale. Which one of the following statements regarding this is not correct?

A) It often generates strong waves	B) The pacific coasts are most vulnerable to Tsunami waves.
C) Tsunami waves are also called high-energy tidal waves or seismic sea waves.	D) Tsunami is a Latin word.

Answer & Explanation Answer: D) Tsunami is a Latin word.

Explanation:

All are correct except D, as Tsunami is a Japanese word

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Baroque

A) Decorative	B) Bizzare
C) Plain	D) Rich

Answer & Explanation Answer: C) Plain

Explanation:

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

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

India is a country that loves decentralisation and it covers almost every ________________. I will focus ________________ the subject of tyranny. For example, look _______________ our police stations. We ____________________ a Hobbesian sovereign ruling over us. In political ___________________, one has what is called the concept of sovereignty which is discussed in Hobbesian terms.

I will focus ________________ the subject of tyranny

A) in	B) to
C) on	D) near

Answer & Explanation Answer: C) on

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Analogous

A) Similar	B) Parallel
C) Related	D) Disagreeing

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