General Awareness MCQ Questions and Answers

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Q81
Which of the following organizations/agencies has sought an emergency fund of 1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers ?
  • A Regional Rural and Cooperative Banks
  • B RBI
  • C Micro Finance Institutions
  • D NABARD
Answer: Option B
Q82
The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same ? 1. The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance Commission. 2. As per the estimates, the target debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission. 3. The paper has recommended that the Govt. should try to generate resources in such a way that it does not have to depend much on debt.’ The total debt should not be more than 1/3rd of the total requirements. (A) Only 1
  • A Only 2
  • B Only 1 and 2
  • C Only 2 and 3
  • D None of these
Answer: Option C
Q83
As a measure to check inflation, the RBI on November 2, 2010 increased its short term indicative rates Repo and Reverse Repo by-
  • A 25 basis points
  • B 50 basis points
  • C 75 basis points
  • D 100 basis points
Answer: Option A
Q84
What is the Cash Reserve Ratio (CRR) at present ?
  • A 4%
  • B 4•5%
  • C 5%
  • D 5•5%
Answer: Option
Q85
The Finance Ministry has decided to provide 8,700 crore as equity support to public sector banks so that they can raise funds from the capital market without diluting the Govt. holding in them. What is the Govt. holding in most of the public sector banks ?
  • A 49%
  • B 50%
  • C 51%
  • D 59%
Answer: Option C
Q86
Which of the following is not amongst the core industries/sectors ?
  • A Coal
  • B Service sector
  • C Crude oil
  • D Power
Answer: Option
Q87
Who amongst the following Indian players won maximum number of Gold Medals (4 gold) in Commonwealth Games 2011 held in Delhi ?
  • A Saina Nehwal
  • B Deepika Kumari
  • C Sushil Kumar
  • D Gagan Narang
Answer: Option D
Q88
Mr. Zhou Yong Kang was recently on a visit to India. Who is Mr. Zhou Yong Kang ?
  • A President of China
  • B Member of the Polit Bureau of China
  • C Prime Minister of Vietnam
  • D Member of the Polit Bureau of Vietnam
Answer: Option B
Q89
16. The countries these days are most worried about the currency war. They are arguing about whose actions harmed the world economy the most. What are the views of the rich countries, particularly USA, in this regard ? 1. They feel that it was China who was unwilling to allow the Yuan to rise. 2. They feel that it was India who had snatched jobs in most of the European countries and USA. This made the situation more grim. 3. Some countries feel that it was Japan who allowed swapping of its currency with other nations and created a grim situation in world market.
  • A Only 1
  • B Only 2
  • C Only 3
  • D All 1, 2 and 3
Answer: Option A
Q90
As per reports in various newspapers, Ben Bernanke, the Chairman of the Federal Reserve has predicted a bleak outlook for the economy in his country. This means the economy in which of the following countries is likely to be gloomy in the days to come ?
  • A UK
  • B Australia
  • C Canada
  • D Germany
Answer: Option
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