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Question : Which of the following statements is correct regarding the bank reserves?
I. These reserves are kept partly as cash and partly in the form of financial instruments.
II. Cash Reserves Ratio are deposits that commercial banks keep with the Reserve Bank of India.

Option 1: Only II

Option 2: Both I and II

Option 3: Only I

Option 4: Neither I nor II

Team Careers360 25th Jan, 2024

Correct Answer: Both I and II


Solution : The correct option is Both I and II.

Bank reserves include both cash held by banks and deposits with the central bank. Commercial banks hold reserves to meet withdrawal demands and to comply with reserve requirements set by regulatory authorities. These reserves can be held in the form of physical currency (cash) or as deposits with the central bank.

The Cash Reserve Ratio (CRR) is the portion of a bank's deposits that is mandated by the central bank to be kept as reserves in the form of cash. It is one of the methods used by central banks to control the money supply in the economy.

91 Views

Question : Acceptable "Noise Pollution Level" in India range between:

Option 1: 16 - 35 dec

Option 2: 40 - 45 dec

Option 3: 70 - 100 dec

Option 4: 10 - 15 dec

Team Careers360 19th Jan, 2024

Correct Answer: 40 - 45 dec


Solution : The correct answer is 40 - 45 dec.

The higher levels of sound which is derogatory to human health is known as noise pollution or sound pollution. Sound is measured in Decibels. Noise pollution is usually caused by the transport noises, machinery functioning in industries, loud music etc. According to noise pollution rules, the permissible limits of noise are-

  • Industrial area- 75 dB in day and 70 dB in night
  • Commercial area- 66 dB in day and 55 dB in night
  • Residential area- 55 dB in day and 45 dB in night. 
6 Views

Question : As per the 2011 Census, what was the percentage of the urban population in India? (Provide an approximate range.)

Option 1: Between 30% and 35%

Option 2: Between 40% and 45%

Option 3: Between 10% and 15%

Option 4: Between 20% and 25%

Team Careers360 14th Jan, 2024

Correct Answer: Between 30% and 35%


Solution : The correct answer is Between 30% and 35%.

According to the 2011 Census, the country's urban population accounted for about 377 million people or 31.16% of the total population. Over the years, India has seen a significant increase in urbanisation due to causes such as economic opportunity, rural-to-urban migration, and industrialisation.

30 Views

Question : Which of the following statements is/are correct regarding the changes made to small savings schemes by the Government of India in December 2022?
A. The interest rate of a five-year National Saving Certificate has been increased to 7 per cent from 6.8 per cent.
B. The interest rate on senior citizen saving schemes increased to 8 per cent from 7.6 per cent.
C. The interest rate on the Public Provident Fund, Sukanya Samriddhi Account and Saving Deposit has been changed to 9% from 7.5%.

Option 1: B and C only

Option 2: A, B and C

Option 3: A and C only

Option 4: A and B only

Team Careers360 22nd Jan, 2024

Correct Answer: A and B only


Solution : The correct answer is A and B only.

The interest rate of a five-year National Saving Certificate has been increased to 7 per cent from 6.8 per cent. With a higher interest rate, individuals may find the National Saving Certificate more attractive compared to other investment options available in the market, especially for those seeking relatively low-risk investment avenues.

The interest rate on senior citizen saving schemes increased to 8 per cent from 7.6 per cent. With this adjustment, seniors can potentially earn higher returns on their savings, providing them with more financial stability and support during their later years.

30 Views

Question : As per Census 2011, what is the position of Maharashtra concerning the total population of India?

Option 1: Third

Option 2: Fourth

Option 3: First

Option 4: Second

Team Careers360 22nd Jan, 2024

Correct Answer: Second


Solution : The correct answer is Second.

Between 2001 and 2011 Maharashtra ranked as the second most populated state with a total population of 112.4 million, comprising 9.28% of India's population. The state's population density, calculated at 365 people per square kilometre, was slightly below the national average of 382 per square kilometre.

4 Views

Question : Which international agreement followed the Indo-Pak War of 1965 to restore peace between India and Pakistan?

Option 1: Lahore Declaration

Option 2: Shimla Agreement

Option 3: Tashkent Agreement

Option 4: Agra Summit

Team Careers360 25th Jan, 2024

Correct Answer: Tashkent Agreement


Solution : Correct Option: 3
Explanation: The Tashkent Agreement followed the Indo-Pak War of 1965 to restore peace between India and Pakistan. It was signed in Tashkent, Uzbekistan, by the leaders of both countries.

37 Views

Question : Which is the first state in India to enact the Food Security Act?

Option 1: Chhattisgarh

Option 2: Gujarat

Option 3: Tamil Nadu

Option 4: Bihar

Team Careers360 13th Jan, 2024

Correct Answer: Chhattisgarh


Solution : The correct answer is Chhattisgarh.

The Chhattisgarh Government has taken the initiative to pass the first Food Security Act in the country. New ration cards under the Food Security Act are being issued in the names of the female head of the family.

17 Views

Question : al-Biruni came to India with 

Option 1: Mahmud of Ghazni 

Option 2: Alexander

Option 3: Babur

Option 4: Timur 

Team Careers360 16th Jan, 2024

Correct Answer: Mahmud of Ghazni 


Solution : The correct answer is Mahmud of Ghazni.

Mahmud of Ghazni founded the empire of "Ghaznavid". He was the ruler of Afghanistan before coming to India. He was the first ruler in history to assume the title of "Sultan". He was the first Muslim ruler to invade India. al-Biruni was one of those who came with Ghazni of India.

14 Views

Question : How many different levels of courts are there in India?

Option 1: Two

Option 2: Four

Option 3: Five

Option 4: Three

Team Careers360 15th Jan, 2024

Correct Answer: Three


Solution : The correct answer is Three.

There are three tiers and subsidiary components to the judicial system's structure. The Supreme Court, the Middle Court, and the Lower Court comprise the three divisions of the courts. The Supreme Court is the highest in the legal system; the High Court is the intermediate court, and the District Court is the subordinate court.

13 Views

Question : Which of the following are the two island neighbours of India?

Option 1: Sri Lanka and Maldives

Option 2: Philippines and Sri Lanka

Option 3: Taiwan and Singapore

Option 4: New Zealand and Maldives

Team Careers360 23rd Jan, 2024

Correct Answer: Sri Lanka and Maldives


Solution : The correct answer is Sri Lanka and Maldives.

India's island neighbours include the Maldives and Sri Lanka. The Maldives Islands are located to the south of the Lakshadweep Islands, and the Palk Strait and the Gulf of Mannar form a small channel of sea that divides Sri Lanka from India.

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