General Awareness MCQ Questions and Answers

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Q31
For which of the following purposes, RBI has constituted a Working Group with Shri Deepak Mohanty as Chairman ?
  • A Deregulation of primary markets
  • B Deregulation of secondary markets
  • C Deregulation of Savings Bank Rates
  • D Introduction of Base Rate
Answer: Option D
Q32
Who is Kapil Sibal ?
  • A Coal Minister of India
  • B Civil Aviation Minister of India
  • C Telecom Minister of India
  • D Economic Advisor to Prime Minister of India
Answer: Option C
Q33
Which of the following will set up core banking infrastructure for rural banks ?
  • A SIDBI
  • B IBA
  • C RBI
  • D SBI
Answer: Option
Q34
Colonel Muammar al Gaddafi is associated with which one of the following countries ?
  • A Libya
  • B Beharin
  • C Yemen
  • D Tunisia
Answer: Option A
Q35
What is Gross Domestic Product ?
  • A It is the cost of production of all final goods and services made in the country
  • B It is the cost of services made within the borders of a country in a year
  • C It is the market value of all final goods and services made in the country
  • D It is the market value of all final goods and services made within the borders of a country in a year
Answer: Option D
Q36
Which of the following metals is used for generation of Nuclear Power ?
  • A Silver
  • B Gold
  • C Uranium
  • D Copper
Answer: Option C
Q37
In which one of the following States, India’s first Islamic Bank is proposed to be set up ?
  • A Kerala
  • B Tamil Nadu
  • C Odisha
  • D Bihar
Answer: Option A
Q38
Which of the following terms is not used in Economics ?
  • A Demand and Supply
  • B Ad Valoram Tax
  • C Break even
  • D HIV positive
Answer: Option D
Q39
For which one of the following reasons Finance Minister denied entry of NRI funds for infra bonds ?
  • A It will bring in more liquidity in the country
  • B NRIs can withdraw their funds any time
  • C It will bring interest burden on the country
  • D It could lead to losses at the time of redemption because of fluctuations in the Indian Currency
Answer: Option B
Q40
What is ‘financial inclusion’ ? 1. Easy access to bank accounts for safe parking of savings 2. Availability of cheap credits through appropriately designed loans for poor and low income households and small entrepreneurs 3. Availability of basic financial products like insurance
  • A Only 1
  • B Only 2
  • C Only 3
  • D Both 1 and 2
Answer: Option B

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