Questions

Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax D) Custom duty, Entertainment tax and Income tax
 
Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who was the first Indian Governor of Reserve Bank of India?

A) Sir Benegal Rama Rau B) H V R Iengar
C) Sir C D Deshmukh D) K G Ambegaonkar
 
Answer & Explanation Answer: C) Sir C D Deshmukh

Explanation:

Chintaman Dwarkanath Deshmukh, a member of the Indian Civil Service, was the first Indian Governor of the Bank.

 

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

One statement is given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement: I) Quality has a price tag.

II) India is allocating lots of funds to education.

Conclusions: I) Quality of education in India would improve.

II) Funding alone can enhance quality of education.

A) Only Conclusion I follows B) Only Conclusion II follows
C) Both the Conclusions I and II follow D) Neither Conclusion I nor II follows
 
Answer & Explanation Answer: A) Only Conclusion I follows

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Q:

The annual award of 'Gandhi Peace Prize' is given to

A) Individuals only B) Institutions only
C) Individuals and institutions D) Group of institutions
 
Answer & Explanation Answer: C) Individuals and institutions

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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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.

 

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

 

When everything around you _______________ before you can

 

A) change   B) changes  
C) changing   D) changed
 
Answer & Explanation Answer: B) changes  

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

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Superstitions exist throughout the world despite scientific advances.
Q: One cannot heed anybody’s sneezes if one has to be punctual on duty or ‘cannot miss a flight.
R: But the spread of science and education among the masses has certainly given rise to a significant number of persons who do not believe in these superstitions.
S: The compulsions of modern life have also caused some of the superstitions to fade out.

 

A) RPSQ B) SQRP
C) SRQP D) PRSQ
 
Answer & Explanation Answer: D) PRSQ

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Union Government's School Nursery Yojana is about

A) Creating environmental awareness in young minds B) Streamlining admissions in nursery schools
C) Bringing nursery schools under regulations D) Creating awareness about safety of children
 
Answer & Explanation Answer: A) Creating environmental awareness in young minds

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In January 2018, SBI planned to raise some money via BASEL-III Bonds. What is the deadline to meet the BASEL-III requirements?

 

A) June 2018 B) December 2018
C) March 2019 D) June 2019
 
Answer & Explanation Answer: C) March 2019

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Filed Under: General Awareness
Exam Prep: Bank Exams

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