What is the charge of Inward transactions at destination bank branches in NEFT? A. Rs.1 B. Rs.1.50 C. Rs.2 D. No Charge

What is the charge of Inward transactions at destination bank branches in NEFT? A. Rs.1 B. Rs.1.50 C. Rs.2 D. No Charge
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D. No Charge Explanation: Inward transactions – Free, no charge to be levied.
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In NEFT What is the charge for transactions above Rs 1 lakh and upto Rs.2 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Description : In NEFT What is the charge for transactions above Rs 1 lakh and upto Rs.2 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Last Answer : C. not exceeding Rs 15 (+ Service Tax) Explanation: Outward transactions at originating bank branches – charges applicable for the remitter For transactions above Rs 1 lakh and up to Rs 2 lakhs: not exceeding Rs 15 (+ Service Tax)

In NEFT, What is the charge for transactions above Rs 10,000 upto Rs.1 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Description : In NEFT, What is the charge for transactions above Rs 10,000 upto Rs.1 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Last Answer : B. not exceeding Rs 5 (+ Service Tax) Explanation: Outward transactions at originating bank branches – charges applicable for the remitter For transactions above Rs 10,000 up to Rs 1 lakh: not exceeding Rs 5 (+ Service Tax)

In NEFT What is the charge for transactions up to Rs 10,000? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Description : In NEFT What is the charge for transactions up to Rs 10,000? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Last Answer : A. not exceeding Rs 2.50 (+ Service Tax) Explanation: Outward transactions at originating bank branches – charges applicable for the remitter For transactions up to Rs 10,000 : not exceeding Rs 2.50 (+ Service Tax)

The beneficiary can expect to get credit for the NEFT transactions within ______business hours. A. 2 B. 3 C. 1 D. None of the Above

Description : The beneficiary can expect to get credit for the NEFT transactions within ______business hours. A. 2 B. 3 C. 1 D. None of the Above

Last Answer : A. 2 Explanation: The beneficiary can expect to get credit for the NEFT transactions within two business hours (currently NEFT business hours is from morning 8 AM to evening 7 PM on all week days ... morning 8 AM to afternoon 1 PM on Saturdays) from the batch in which the transaction was settled.

NEFT is an electronic fund transfer system that operates on a _________ basis which settles transactions in batches. A. Domain Net Settlement (DNS) B. Defined Net Settlement (DNS) C. Declared Net Settlement (DNS) D. Deferred Net Settlement (DNS)

Description : NEFT is an electronic fund transfer system that operates on a _________ basis which settles transactions in batches. A. Domain Net Settlement (DNS) B. Defined Net Settlement (DNS) C. Declared Net Settlement (DNS) D. Deferred Net Settlement (DNS)

Last Answer : D. Deferred Net Settlement (DNS) Explanation: NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches. In DNS, the ... till the particular cut-off time. These transactions are netted (payable and receivables) in NEFT.

In National Electronic Funds Transfer (NEFT) maximum amount per transaction is limited to ________ A. Rs.75000 B. Rs.50000 C. Rs.80000 D. Rs.90000

Description : In National Electronic Funds Transfer (NEFT) maximum amount per transaction is limited to ________ A. Rs.75000 B. Rs.50000 C. Rs.80000 D. Rs.90000

Last Answer : B. Rs.50000 Explanation: No. There is no limit - either minimum or maximum - on the amount of funds that could be transferred using NEFT. However, maximum amount per transaction is ... -based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.

In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? A. RTGS B. NEFT C. TT D. EFT

Description : In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? A. RTGS B. NEFT C. TT D. EFT

Last Answer : A. RTGS Explanation: In RTGS, the beneficiary branches are expected to receive the funds in real time as soon as funds are transferred by the remitting bank. The beneficiary bank has to credit the beneficiary‘s account within 30 minutes of receiving the funds transfer message.

Which transactions are recorded in the Return Inward Book?

Description : Which transactions are recorded in the Return Inward Book?

Last Answer : Which transactions are recorded in the Return Inward Book?

In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Description : In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Last Answer : C. 100 Explanation: Reconciliation of failed transactions at ATMs – For any failure to re-credit the customer‘s account within 7 working days from the date of receipt of the complaint, the bank will pay compensation of Rs.100/-, per day, to the aggrieved customer.

What is the ceiling on amount of Insured deposits kept by one person in different branches of a bank? A. Rs.25000 B. Rs.50000 C. Rs.75000 D. Rs.1,00,000 E. Rs.2,00,000

Description : What is the ceiling on amount of Insured deposits kept by one person in different branches of a bank? A. Rs.25000 B. Rs.50000 C. Rs.75000 D. Rs.1,00,000 E. Rs.2,00,000

Last Answer : D. Rs.1,00,000 Explanation: The deposits kept in different branches of a bank are aggregated for the purpose of insurance cover and a maximum amount upto Rupees one lakh is paid.

A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Description : A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Last Answer : d. Banker’s Cheque/Pay Order

A particle of charge -q and mass m enters a uniform magnetic field `vecB` (perpendicular to paper inward) at P with a velocity `v_0` at an angle `alph

Description : A particle of charge -q and mass m enters a uniform magnetic field `vecB` (perpendicular to paper inward) at P with a velocity `v_0` at an angle `alph

Last Answer : A particle of charge -q and mass m enters a uniform magnetic field `vecB` (perpendicular to paper inward) at P ... for time `t = (2m(pi-alpha))/(Bq)`

NEFT operates in hourly batches and there are _______ settlements from 8 am to 7 pm on week days. A. 3 B. 6 C. 8 D. 12

Description : NEFT operates in hourly batches and there are _______ settlements from 8 am to 7 pm on week days. A. 3 B. 6 C. 8 D. 12

Last Answer : D. 12 Explanation: NEFT operates in hourly batches – there are twelve settlements from 8 am to 7 pm on week days (Monday through Friday) and six settlements from 8 am to 1 pm on Saturdays.

The NEFT system facilitates ____cross-border transfer of funds from India to Nepal which is known as the Indo-Nepal Remittance Facility Scheme. A. One Way B. Two Way C. Multi way D. None of the Above

Description : The NEFT system facilitates ____cross-border transfer of funds from India to Nepal which is known as the Indo-Nepal Remittance Facility Scheme. A. One Way B. Two Way C. Multi way D. None of the Above

Last Answer : A. One Way Explanation: The NEFT system also facilitates one-way cross-border transfer of funds from India to Nepal. This is known as the Indo-Nepal Remittance Facility Scheme. A remitter can ... account with a bank branch in Nepal or not. The beneficiary would receive funds in Nepalese Rupees.

A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as _________ A. SWIFT B. Basel C. RTGS D. NEFT

Description : A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as _________ A. SWIFT B. Basel C. RTGS D. NEFT

Last Answer : A. SWIFT Explanation: Society for Worldwide Inter bank Financial Telecommunication code. An internationallyrecognized identification code for banks around the world. SWIFT codes are most commonly used for international wire transfers and are comprised of 8 or 11 alphanumeric characters.

Which of the following payment should be initiated only after consulting nearest eStamping center? A. RTGS B. NEFT C. Pay order D. Both (A) and (B) E. Both (B) and (C)

Description : Which of the following payment should be initiated only after consulting nearest eStamping center? A. RTGS B. NEFT C. Pay order D. Both (A) and (B) E. Both (B) and (C)

Last Answer : D. Both (A) and (B) Explanation: RTGS / NEFT payment should be initiated only after consulting nearest e-Stamping center.

What are the different modes of paying stamp duty in e-Stamping system? A. RTGS B. NEFT C. Pay order D. All of the Above E. None of the Above

Description : What are the different modes of paying stamp duty in e-Stamping system? A. RTGS B. NEFT C. Pay order D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: Client can pay stamp duty amount through the following modes Cash Cheque Demand Draft Pay Order RTGS NEFT Account to Account transfer.

DICGC guarantees amount up to _____________ per depositor per bank. A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Description : DICGC guarantees amount up to _____________ per depositor per bank. A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Last Answer : A. Rs.1,00,000 Explanation: DICGC guarantees amount up to Rs. 1,00,000 per depositor per bank. They also offer income tax and wealth tax benefits.

What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Description : What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Last Answer : C) Rs 500 crore Explanation: The Reserve Bank of India released norms for on-tap permits for private sector banks and said the validity of the in-principle approval issued by the RBI will be 18 months from the date of granting in-principle approval.

The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar authentication number. Aadhaar enabled basic types of banking do not include A. Balance Enquiry B. Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services

Which bank recently tied up with Chillr for cashless transactions? A) Federal Bank B) DCB Bank C) IDFC Bank D) Karnataka Bank E) IndusInd Bank

Description : Which bank recently tied up with Chillr for cashless transactions? A) Federal Bank B) DCB Bank C) IDFC Bank D) Karnataka Bank E) IndusInd Bank

Last Answer : A) Federal Bank Explanation: Federal Bank announced its partnership with with Chillr, a mobile banking application, to provide cashless transactions. Chillr, India s first and only multi-bank ... making money transfer between bank accounts easier, faster and safer than sending a text message.

Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

Description : Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

Last Answer : A) 650 Explanation: The communications and IT minister Ravi Shankar Prasad has said that all 650 branches of the payment bank set up by the department of posts will be established by September 2017.

The newest private sector bank, Bandhan Bank has announced that it targets 180 new branches by March 2017. Who is the MD and CEO of Bandhan Bank? A) Vikram Limaye B) Rajiv B. Lall C) Chandra Shekhar Ghosh D) Narain Chand E) None of these

Description : The newest private sector bank, Bandhan Bank has announced that it targets 180 new branches by March 2017. Who is the MD and CEO of Bandhan Bank? A) Vikram Limaye B) Rajiv B. Lall C) Chandra Shekhar Ghosh D) Narain Chand E) None of these

Last Answer : C) Chandra Shekhar Ghosh Explanation: Bandhan Bank plans to open 180 new branches by March next year with an aim to build a pan India brand. It is headquartered at Kolkata.

Which of the following banks has planned to commence urban microfinance operations in its 85 branches across the country? A) Yes Bank B) Kotak Mahindra Bank C) ICICI Bank D) Axis Bank E) None of these

Description : Which of the following banks has planned to commence urban microfinance operations in its 85 branches across the country? A) Yes Bank B) Kotak Mahindra Bank C) ICICI Bank D) Axis Bank E) None of these

Last Answer : D) Axis Bank Explanation: India s third largest private sector lender Axis Bank has forayed into Urban Microfinance segment and will now provide collateral free credit facilities to low- ... s flagship microfinance programme will be delivered via its technology driven ‗TAB based lending solution.

After Mumbai, Doha bank is now going to open its branches in which city? A) Palakkad B) Kochi C) Idukki D) Kasaragod E) None of these

Description : After Mumbai, Doha bank is now going to open its branches in which city? A) Palakkad B) Kochi C) Idukki D) Kasaragod E) None of these

Last Answer : B) Kochi Explanation: Qatar-based Doha Bank will open a state-of-the-art branch in Kochi, the only branch of a Gulf Cooperation Council (GCC)-based bank in India.

_______ percentage of Payment Bank‟s branches must be in the unbanked rural area. A. 25% B. 10% C. 15% D. 20% E. None of the Above

Description : _______ percentage of Payment Bank‟s branches must be in the unbanked rural area. A. 25% B. 10% C. 15% D. 20% E. None of the Above

Last Answer : A. 25% Explanation: 25% of Payment Bank‘s branches must be in the unbanked rural area.

Credit rating _______ A. is used to rate the borrowers while giving advances B. is used to work out performance of the employees C. is used to calculate the number of excellent audit rated branches D. is not used in any bank E. is necessary before giving promotion to employees

Description : Credit rating _______ A. is used to rate the borrowers while giving advances B. is used to work out performance of the employees C. is used to calculate the number of excellent audit rated branches D. is not used in any bank E. is necessary before giving promotion to employees

Last Answer : A. is used to rate the borrowers while giving advances Explanation: Credit rating is an analysis of the credit risks associated with a financial instrument or a financial entity. An assessment of the creditworthiness of a borrower with respect to a particular debt or financial obligation.

Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is deposited in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Description : Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is ... in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Last Answer : : If a person has zakatable assets worth the equivalent of 52.5 tolas (612.36 grams) of silver, then zakat is obligatory on him at the end of the year. So zakat has become obligatory in the case ... total amount of Zakat has to be collected by calculation. (Hedaya: 1/196 , Addurrul Mukhtar: 2/30)

The __________ model originally did not require a cloud to use virtualization to pool resources. a) NEFT b) NIST c) NIT d) All of the mentioned

Description : The __________ model originally did not require a cloud to use virtualization to pool resources. a) NEFT b) NIST c) NIT d) All of the mentioned

Last Answer : NIST

Which model originally did not require a cloud to use virtualization to pool resources a) NEFT b) NIST c) NIT d) All of the mentioned

Description : Which model originally did not require a cloud to use virtualization to pool resources a) NEFT b) NIST c) NIT d) All of the mentioned

Last Answer : All of the mentioned

The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge from Profit and Loss Account will be: (a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Description : The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge ... a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Last Answer : (b) Rs. 85,000

You are in charge of selecting the destination of Earth's first warp-capable interstellar probe. Which of these two planets do you choose?

Description : You are in charge of selecting the destination of Earth's first warp-capable interstellar probe. Which of these two planets do you choose?

Last Answer : Planet A is some weird conspiracy theory that has no basis in fact. So check that out.

Mark the correct option a) Surface mail received for delivery in India from a country India may be redirected by the surface mail to any country on payment if dispatched to its new destination. b) If the above charge not paid before redirection, it will be treated as insufficiently paid & tax equal to difference in postage (notdouble) to be collected at the time of delivery c) a and b are correct d) None of these correct

Description : Mark the correct option a) Surface mail received for delivery in India from a country India may be redirected by the surface mail to any country on payment if dispatched to its new destination. b) If the ... be collected at the time of delivery c) a and b are correct d) None of these correct

Last Answer : c) a and b are correct

A postal article reposted after having been opened or reposted is a) An unclaimed article b) An article to be redirectedc) An article posted for the first time and charge with the postage accordingly d) An article to be sent to its destination

Description : A postal article reposted after having been opened or reposted is a) An unclaimed article b) An article to be redirected c) An article posted for the first time and charge with the postage accordingly d) An article to be sent to its destination

Last Answer : c) An article posted for the first time and charge with the postage accordingly

If the addressee of inward foreign parcel is aggrieved on the customs duty imposed on the article, it a) Should be taken delivery by the addressee and referred to customs authorities b) Has no option except to take delivery or refuse to take delivery c) Can request for return of the article to the customs for reassessment d) None of these

Description : If the addressee of inward foreign parcel is aggrieved on the customs duty imposed on the article, it a) Should be taken delivery by the addressee and referred to customs authorities b) Has no option ... c) Can request for return of the article to the customs for reassessment d) None of these

Last Answer : c) Can request for return of the article to the customs for reassessment

An assessment memo accompanies a) Only the inward foreign parcels on which duty is assessed b) All inward foreign parcels even if no duty is assessed on it. c) All inward foreign parcels weighing more than 10 KG d) None of the above

Description : An assessment memo accompanies a) Only the inward foreign parcels on which duty is assessed b) All inward foreign parcels even if no duty is assessed on it. c) All inward foreign parcels weighing more than 10 KG d) None of the above

Last Answer : b) All inward foreign parcels even if no duty is assessed on it.

If the addressee of an inward foreign parcel wants to take delivery of his parcel at the office of exchange a) It will be refused as there is no provision in the rule b) It has to be approved by the D section of the directorate c) The addressee has to call on the office of exchange with all the documents related including proof of his identity d) None of the above

Description : If the addressee of an inward foreign parcel wants to take delivery of his parcel at the office of exchange a) It will be refused as there is no provision in the rule b) It has to be ... the office of exchange with all the documents related including proof of his identity d) None of the above

Last Answer : c) The addressee has to call on the office of exchange with all the documents related including proof of his identity

The depositor shall be pay Rs _____ to transfer of PPF account one PO to another PO or SBI bank a) Rs 10/- b) Rs 50/- c) Rs 1/- d) Free

Description : The depositor shall be pay Rs _____ to transfer of PPF account one PO to another PO or SBI bank a) Rs 10/- b) Rs 50/- c) Rs 1/- d) Free

Last Answer : d) Free

What features do you use while doing bank transactions?

Description : What features do you use while doing bank transactions?

Last Answer : This question is not specific enough to answer. Are you talking about online banking? Are you talking about going to the bank and talking to a teller? Drive through? Are you asking which of these are preferred?

(i) Bank issue __________ to current account holders as record or summary for bank transactions.

Description : (i) Bank issue __________ to current account holders as record or summary for bank transactions.

Last Answer : Complete the following statements: (i) Bank issue __________ to current account holders as record or ... is an unfavorable balance as per Pass Book.

Pass Book is _________ of account holders transactions with bank. 

Description : Pass Book is _________ of account holders transactions with bank. 

Last Answer : Pass Book is _________ of account holders transactions with bank. (a) an extract (b) balance sheet (c) balance (d) mode

If transactions not made by the cardholder appear on the statement of account the card holder should dispute them with the card issuing Bank within how many days of the transaction date?

Description : If transactions not made by the cardholder appear on the statement of account the card holder should dispute them with the card issuing Bank within how many days of the transaction date?

Last Answer : 30

Which of the following might be considered a "red flag" indicating possible fraud in a large manufacturing company with several subsidiaries? a. A consistent record of above average return on investment for all subsidiaries b. The existence of a financial subsidiary c. Use of separate bank accounts for payrolls by each subsidiary d. Complex sales-transactions and transfers of funds between affiliated companies

Description : Which of the following might be considered a "red flag" indicating possible fraud in a large manufacturing company with several subsidiaries? a. A consistent record of above average ... payrolls by each subsidiary d. Complex sales-transactions and transfers of funds between affiliated companies

Last Answer : Complex sales-transactions and transfers of funds between affiliated companies

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Description : In Electronic cash payment a. a debit card payment system is used b. a customer buys several electronic coins which are digitally signed by coin issuing bank c. a credit card payment system is used d. RSA cryptography is used in the transactions 

Last Answer : b. a customer buys several electronic coins which are digitally signed by coin issuing bank 

If a train runs at 40 km/hour, it reaches its destination late by 11 minutes. But if it runs at 50 km/hour, it is late by 5 minutes only. The correct time (in minutes) for the train to complete the journey is? a) 13 b) 15 c) 19 d) 21 e) None of these

Description : If a train runs at 40 km/hour, it reaches its destination late by 11 minutes. But if it runs at 50 km/hour, it is late by 5 minutes only. The correct time (in minutes) for the train to complete the journey is? a) 13 b) 15 c) 19 d) 21 e) None of these

Last Answer : If the distance be x km, then x/40-x/50=6/60 x/4-x/5=1 x=20 km. Required time = (20/40) hour – 11 minutes = (1/2×60-11) minutes = 19 minutes Answer: c)

A bus starts at bus stop and reaches a destination in 4 hours. If it travels first and second half at the speed of 40 km/hr and 50 km/hr respectively then the distance between bus stop and destination is a) 177.7 km b) 154.2 km c) 163.5 km d) 147.3 km

Description : A bus starts at bus stop and reaches a destination in 4 hours. If it travels first and second half at the speed of 40 km/hr and 50 km/hr respectively then the distance between bus stop and destination is a) 177.7 km b) 154.2 km c) 163.5 km d) 147.3 km

Last Answer : A Let the distance between bus stop and destination be X. The total time taken by the bus to cover X = 4 hours Since X/2 by 40km/hr and remaining X/2 by 50km/hr Then by Time = distance/speed, we have ... = 1600 9X = 1600 X = 1600/9 = 177.7 Hence 177.7 km is the required answer.

Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore

Description : Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore

Last Answer : D) Rs 800 crore Explanation: The payments bank of eth department will be functional by March 2017. It is one of the 11 applicants which got in principle approval to set up payments bank in the country.

Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Description : Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Last Answer : B) International Finance Corporation Explanation: The World Bank s private sector funding arm International Finance Corporation (IFC) and Wadhawan Global Capital Pvt Ltd are going to raise their ... between them to help the housing loan provider to lower income families double its business.