General Awareness MCQ Questions and Answers

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Q11
Banks need liquidity to meet which of the following objectives of banking ? 1.Meet deposit withdrawal 2.Fund loan demands 3.Maintain public confidence
  • A Only 1
  • B Only 2
  • C Only 3
  • D Only 1 and 2
Answer: Option D
Q12
According to latest Economic Survey, which of the following sectors will provide largest share to Indian economy in the days to come?
  • A Agriculture
  • B Industry
  • C Services
  • D Exports
Answer: Option C
Q13
Which one of the following group represents key industries ? 1. Crude oil, electricity 2. Petroleum refining and finished steel 3. Cement and coal
  • A Only group 1
  • B Only group 2
  • C Only groups 1 and 2
  • D Only group 3
Answer: Option
Q14
Which one of the following is covered in the list of services for service tax purposes ? 1. Insurance/health services 2. Hotel accommodation/air travel services 3. Money changers/legal services
  • A Only 1
  • B Only 2
  • C Only 3
  • D Both 1 and 3
Answer: Option
Q15
Which of the following agencies is providing Unique Identity Cards to all Indian Residents ?
  • A Election Commission of India
  • B Ministry Foreign Affairs
  • C Govt. of Maharashtra
  • D Border Secutiry Force
Answer: Option A
Q16
Vikram Pandit is associated with which of the following banks ?
  • A Yes Bank
  • B ICICI Bank
  • C Citigroup
  • D HSBC
Answer: Option C
Q17
Banks make frequent changes in their product profile including introduction of new products etc. This is called-
  • A Product Control
  • B Product enhancement
  • C Product marketing
  • D Product enrichment
Answer: Option B
Q18
Banking and financial services, all over the world, are regulated usually by Monetary Authority of the land. Who controls this function in India?
  • A Ministry of Finance
  • B SEBI
  • C RBI
  • D IRDA
Answer: Option C
Q19
As per guidelines of the RBI, banks are to provide appropriate banking facilities to habitations having population in excess of 2000 by which year ?
  • A 2011
  • B 2012
  • C 2015
  • D 2016
Answer: Option B
Explanation: Allahabad Bank PO Exam.2011
Q20
Which one of the following is the target fixed for maintaining fiscal deficit in the Union Budget of India ?
  • A 4•6 per cent of total budget
  • B 4•6 per cent of GDP
  • C 3•6 per cent of total budget
  • D 3•6 per cent of GDP
Answer: Option B

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