Q:

Which one of the following statements is correct in relation to the Indian Air Force?

A) It has bases in many friendly countries.	B) It does not carry out joint exercises with any country.
C) It has a separate Maintenance Command.	D) No officer has ever been elevated to the rank of Marshal of the Indian Air Force.

Answer & Explanation Answer: C) It has a separate Maintenance Command.

Explanation:

Maintenance Command is a command of the Indian Air Force. It was raised as Maintenance Group at Chakeri in Kanpur in 1950. In 1955, it was designated as Maintenance Command.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In August 2017, National Highway Authority of India (NHAI) launched two mobile apps named ‘MyFASTag’ and ‘______’.

A) FASTag Lane	B) FASTag Partner
C) FASTag First	D) FASTag Life

Answer & Explanation Answer: B) FASTag Partner

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Anti-defection law was passed in which Constitutional Amendment Act?

A) 41st Constitutional Amendment Act	B) 46th Constitutional Amendment Act
C) 48th Constitutional Amendment Act	D) 52th Constitutional Amendment Act

Answer & Explanation Answer: D) 52th Constitutional Amendment Act

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The President of India appoints how many Chief Election Commissioner(s)?

A) One	B) Two
C) Three	D) Four

Answer & Explanation Answer: A) One

Explanation:

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Filed Under: Indian Politics
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Q:

The Swadeshi Boycott Movement is related to

A) Partition of Bengal in 1947	B) Partition of Bengal in 1905
C) Non cooperation movement in 1921	D) Partition of Punjab in 1947

Answer & Explanation Answer: B) Partition of Bengal in 1905

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

In which of the following case, law of demand fails?

A) Giffen goods	B) Normal goods
C) Inferior goods	D) Both Giffen and Inferior goods

Answer & Explanation Answer: A) Giffen goods

Explanation:

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Filed Under: Indian Economy

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation	B) Stagflation
C) Recession	D) Depression

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