General Awareness MCQ Questions and Answers

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Q421
Many times we see in financial journals/bulletins a term M3. What is M3 ?
  • A Currency in circulation on a particular day
  • B Total value of the foreign exchange on a particular day
  • C Total value of export credit on a given date
  • D Total value of the tax collected in a year
Answer: Option
Q422
As per news in various newspapers, Govt. has allocated a huge sum of 31,000 crore for ‘RTE’. What is full form of RTE ?
  • A Right of Education
  • B Reforms in Technical Education
  • C Return to Empowerment
  • D Right to Empowerment
Answer: Option A
Q423
Which of the following is not a major function of the RBI in India ?
  • A Issuance of currency notes
  • B To facilitate external trade and payment and developing a foreign exchange market in India
  • C Maintaining price stability and ensuring adequate flow of credit to productive sectors
  • D Taking loans/credit from World Bank/IMF and ADB etc., and reallocating it for various activities decided by the Govt. of India
Answer: Option C
Q424
The RBI has regional offices at various places. At which of the following places it does not have an office ?
  • A Kota
  • B Shimla
  • C Lucknow
  • D Panaji
Answer: Option C
Q425
Which of the following organizations/agencies has given a US $ 407 billion loan to India to boost up its micro finance services in unbanked areas ?
  • A IMF
  • B World Bank
  • C Bank of Japan
  • D ADB
Answer: Option B
Q426
The Prime Minister’s Economic Advisory Council (PMEAC) has projected that the Indian Exports will grow by what percentage during 2010-11 ?
  • A 15%
  • B 18%
  • C 22%
  • D 24%
Answer: Option B
Q427
Which of the following organisations/agencies has given the estimate that the India will be third largest FDI recipient in 2010–12 ?
  • A UNCTAD
  • B WTO
  • C World Bank
  • D IMF
Answer: Option A
Q428
The performance of which of the following industries is considered performance of a core industry ?
  • A Garments
  • B Leather
  • C IT
  • D Oil and Petroleum
Answer: Option D
Q429
Who amongst the following is not a recipient of Nobel Prize in economics ?
  • A Peter A. Diamond
  • B Dale T. Mortensen
  • C Amartya Sen
  • D Paul Krugman
Answer: Option
Q430
Basel Committee has given its recommendations on which of the following aspects of banking operations ?
  • A Marketing of bank products
  • B Priority sector lending
  • C Risk Management
  • D Micro financing
Answer: Option C

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