Daily Questions Challenge for IBPS Exams - 09 November 2016

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Q.1- Which of the following is/are correct regarding the recent demonetisation of currency announced by the government?

1. It will help in curbing the black money available outside the India
2. Demonetisation as a process involves replacing old currency with new currency

A. 1 only
B. 2 only
C. Both
D. None

Q.2- Consider the following statements about AFSPA

1.Armed force special power act of parliament which passed in 1958
2.recently afspa has been revoked from Nagaland after 18 years

which of the above statements is/are true

A. only 1
B. only 2
C. neither 1 nor 2
D. Both 1 & 2

Q.3- Which of the following is/are correct regarding msme?

1. Micro enterprise is an enterprise whose investment in plant and machinery is upto 10 lakes
2. Medium enterprise is an enterprise whose investment in plant and machinery is in between 5 crores and 10 crores

A. 1 only
B. 2 only
C. Both
D. None

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