General Awareness MCQ Questions and Answers

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Q71
Which of the following is the Central Bank of U.S.A. ?
  • A Federation of Banks in U.S.A.
  • B Citigroup U.S.A.
  • C Bank of America
  • D Central Bank of U.S.A.
Answer: Option
Q72
Which one of the following countries was second biggest net importer of goods and services in the year 2009 ? (A) U.S.A.
  • A India
  • B China
  • C Germany
  • D Russia
Answer: Option B
Q73
The activity of purchasing shares of various companies is called-
  • A On-line Trading
  • B Share Trading
  • C Real estate investment
  • D Corporate Trading
Answer: Option C
Q74
Which of the following statements is/are correct about the economy of China ? 1. China is the world’s fastest growing economy with average growth rate of 10% for the last 30 years. 2. China is the world’s second largest economy by purchasing power parity. 3. China’s economy was valued a little higher than that of Japan’s.
  • A Only 1
  • B Only 2
  • C All 1, 2 and 3
  • D Only 2 and 3
Answer: Option D
Q75
As per the news published a few days back Reliance Power got a huge loan from the US Export-Import Bank for building a coal fired based power plant in India. The plant will be developed in-
  • A Sasan (MP)
  • B Angul (Odisha)
  • C Banswara (Rajasthan)
  • D Barauni (Bihar)
Answer: Option A
Q76
As per the reports published in various newspapers, the Reserve Bank of India has directed all core investment companies in India to register themselves with it if their asset size is 100 crore or more. Which of the following is True about the Core Investment Companies (CICs) ? 1. CICs are non-banking finance companies. 2. CICs invest in shares for the purpose of taking stake in a company rather than for trading. 3. CICs are required to register with RBI as most of them were found involved in business in foreign countries and not in India.
  • A Only 1
  • B Only 1 and 2
  • C Only 2 and 3
  • D All 1, 2 and 3
Answer: Option B
Q77
As per newspaper reports, the RBI recently divested its stake in NABARD. Now RBI’s stake in it is only-
  • A 10%
  • B 5%
  • C 3%
  • D 1%
Answer: Option D
Q78
The Union Commerce and Industry Minister, while talking to press expressed his desire that India and USA both should work together for a Comprehensive Economic Partnership Agreement (CEPA). How will this help India ? 1. It is the agreement which allows liberalization of trade in goods by cutting/eliminating tariffs on most or all goods from both the sides. 2. It will help in easing of the flow of investment and special treatment to each other. 3. It will help USA to outsource more jobs to Indian companies and also to employ more Indians without any restriction.
  • A Only 1 and 2
  • B Only 1
  • C Only 2 and 3
  • D Only 1 and 3
Answer: Option D
Q79
Immediately prior to Prithviraj Chavan who amongst the following was the Chief Minister of Maharashtra ?
  • A Vilasrao Deshmukh
  • B Ashok Chavan
  • C Ajit Pawar
  • D R.R. Patil
Answer: Option B
Q80
The RBI has been asked to study and give a report on the loan waiver scheme announced by the United Progressive Alliance Govt. for farmers in 2008. How much amount was given by the Govt. for the scheme ? About-  
  • A 10,000 crore
  • B 20,000 crore
  • C 50,000 crore
  • D 71,680 crore
Answer: Option D
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