General Awareness MCQ Questions and Answers

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Q51
What is a cross Border Exchange ?
  • A Trading of foreign currency in India
  • B Trading of Indian rupee in exchange of other currencies/ goods
  • C Hawala transactions in Indian Rupee
  • D Unauthorized remittance of Indian Rupee
Answer: Option A
Q52
What is Cartosat-2B ?
  • A It is an advanced remote sensing statellite built by ISRO
  • B It is a warhead developed by DRDO
  • C It is an educational project launched by UGC
  • D It is an advanced computer developed by IIT Kanpur
Answer: Option A
Q53
For which one of the following reasons RBI has decided to undertake mid-quarter policy reviews ?1. To realign its policies 2. To take steps and ensure smooth flow of credit 3. To provide guidance to the economy
  • A Only 1
  • B Only 2
  • C Only 3
  • D All 1, 2 and 3
Answer: Option D
Q54
Which one of the following is the objective of Financial Stability and Development Council ?
  • A To address inter-regulatory issues only
  • B To focus on financial literacy only
  • C To focus on financial inclusion only
  • D Only (A) and (B)
Answer: Option C
Q55
For which one of the following reasons has the Planning Com-mission decided to convert itself into a system Reforms Commission ?
  • A It is to make people to people contact
  • B It is to understand the problems of people
  • C It is to review the implementation of its policies
  • D It is aimed at changing economic profile of the country
Answer: Option A
Q56
Which one of the following sectors in India has attracted highest amount of Foreign Direct Investment during 2009-10 ?
  • A Manufacturing
  • B Construction
  • C Wholesale and Retail Trade
  • D Financial Insurance, Real Estate
Answer: Option B
Q57
Which of the following is/are a renewable source of energy ? 1. Wind 2.Solar 3. Thermal
  • A Only 1
  • B Only 2
  • C All 1, 2 and 3
  • D Only 2 and 3
Answer: Option
Q58
Expand the term SWIFT-
  • A Society for Worldwide Inter-national Financial Telecommunications
  • B Society for Worldwide Inter-bank Financial Telecommunications
  • C Society for Worldwide Inter-national Financial Transfers
  • D Society for Worldwide Inter-bank Fiscal Transactions
Answer: Option B
Q59
For which one of the following reasons. NABARD has set up joint liability groups (JLG) of farmers ?
  • A To facilitate delivery of credit to farmers
  • B To facilitate better delivery of credit to farmers through informal sources
  • C To facilitate better delivery of credit to share croppers and those who do not have their own land
  • D To facilitate better delivery of credit to farmers through Panchayats
Answer: Option A
Q60
Which of the following terms is not used in Banking World ?
  • A Holding Company
  • B Post dated cheque
  • C Credit
  • D Time deposit
Answer: Option

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