401: The term Core Banking Solutions is sometimes seen in the news. Which of the following statements best describes/describe this term?
1. It is a networking of a banks branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.
2. It is an effort to increase RBIs control over commercial banks through computerization.
3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.
Select the correct answer using the code given below.
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
402: In which state is the Rajiv Gandhi National Institute of Youth Development located ?
(a) Himachal Pradesh
(b) Uttranchal
(c) Tamil Nadu
(d) Karnataka
403: B.R. Ambedkar was elected to the Constituent Assembly from
(a) West Bengal
(b) the Bombay Presidency
(c) the then Madhya Bharat
(d) Punjab
404: The Ministry of Industries takes the administrative advice regarding the improvement of the performance of public enterprises from:
(a) Bureau of Public Enterprises
(b) MRTP Commission
(c) Estimates Committee
(d) Planning Commission
405: Assertion (A):
Emperor Akbar marched towards Afghanistan in 1581 with a huge army.
Reason (R):
He was on his way to reclaim his ancestral country of Ferghana in Central Asia.
(a) Both A and R are individually true and R is the correct explanation of A
(b) Both A and R are individually true but R is NOT the correct explanation of A
(c) A is true but R is false
(d) A is false but R is true