General Awareness MCQ Questions and Answers

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Q41
According to the Securities and Insurance Laws (Amendment) Bill 2010, who amongst the following will be Vice-Chairman of joint commission to resolve differences amongst the financial regulators ?
  • A Finance Minsiter, GOI
  • B Deputy Chairman, Planning Commission
  • C SEBI Chairman
  • D Chairman, Central Vigilance Commission
Answer: Option
Q42
Which of the following terms is used in Economics ?
  • A Keynesian
  • B Adsorption
  • C Affinity Matrix
  • D Gene Flow
Answer: Option A
Q43
Which one of the following is the directive given to the Govt. of India in the Financial Stability Report submitted to it ?
  • A Focus on financial consistency
  • B To reduce fiscal deficit
  • C To ensure GDP growth
  • D To reduce revenue deficit
Answer: Option B
Q44
In which one of the following States, Jangi-Thopon and Thopon-Powari Power Projects are proposed to be set up ?
  • A J & K
  • B H. P.
  • C U. P.
  • D Manipur
Answer: Option B
Q45
Which one of the following is the proposal under the Food Security Law ?
  • A To provide 25 kg of food-grains to ration card holders
  • B To provide 25 kg of food-grains to targeted beneficiaries
  • C To provide 35 kg of food-grains to ration card holders
  • D To provide 35 kg of food-grains to targeted beneficiaries
Answer: Option C
Q46
Which one of the following are key policy rates used by RBI to influence interest rates ?1. Bank Rate/the Repo Rate 2. Reverse Repo Rate 3. CRR/SLR
  • A Only 1
  • B Only 2
  • C All 1, 2 and 3
  • D Only 3
Answer: Option C
Q47
For giving cooking gas connection to poor families, which of the following one time subvention (in rupees) will be provided by the Planning Commission ?
  • A 500
  • B 600
  • C 750
  • D 1000
Answer: Option
Q48
Which one of the following rates signal the RBI’s long term out-look on interest rates ?
  • A Repo Rate
  • B Reverse Repo Rate
  • C Bank Rate
  • D SLR
Answer: Option C
Q49
What do you understand by ‘Para Banking’ services ?
  • A Eligible financial services rendered by banks
  • B Utility services provided by banks
  • C Services provided through business correspondents
  • D Services provided to armed force personnel
Answer: Option C
Q50
For which one of the following reasons, the Steel Ministry wants complete ban on export of iron ore from India ?
  • A For which one of the following reasons, the Steel Ministry wants complete ban on export of iron ore from India ?
  • B The iron ore exports do not provide any value addition to exports
  • C The prices of iron ore are high and as such the exports of the ore should be banned
  • D Iron ore is a non-renewable resource like coal and petroleum products, hence it should be preserved
Answer: Option D

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