General Knowledge Quiz for Competitive Exams

General Knowledge Quiz Questions and Answers for competitive exams UPSC, TNPSC, IAS, RRB, and Latest General Knowledge Quiz in Hindi 2019 for banking exams IBPS PO Clerk, SBI, RBI and more. Read this blog and try free quiz on General Knowledge Quiz 2019 question and answers, this blog resource yields the facts about the events of International, National, Sports, Business, Banking GK Questions and more which are betterment for the Government & Private Job aspirants

I have prepared the General Knowledge Quiz for competitive exam blog to increase your General Knowledge level as well as increase your confidence level for competitive exams.

You can also read: General Knowledge Quiz in Hindi

General Knowledge Quiz Questions and Answers

Q.1 In India, which one among the following formulates the fiscal policy?

(A) Planning Commission

(B) Ministry of Finance

(C) Finance Commission

(D) The Reserve Bank of India

Q.2 Short-term finance is usually for a period ranging up to

(A) 5 months      

(B) 10 months

(C) 12 months    

(D) 8 months

Q.3 Redistribution policies geared to reduce economic inequalities include

(A) progressive tax policies

(B) land reforms

(C) rural development policies

(D) All the above

Q.4 If the RBI adopts an expansionist open market operations policy, this means that it will

(A) buy securities from non-government holders

(B) sell securities in the open market

(C) offer commercial banks more credit in the open market

(D) openly announce to the market that it intends to expand credit

Q.5 Subsidies mean

(A) payment by the government for the purchase of goods and services

(B) payment made by business enterprises to factors of production

(C) payment made by companies to shareholders

(D) payment made by the government to business enterprises, without buying any goods and services

Q.6 In which of the following sequences the change in the quantity of money leads to a change in the price level in the Keynesian models?

(A) Change in quantity of money - change in investment - change in employment and output - change in the rate of interest - change in the price level

(B) Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in the price level

(C) Change in quantity of money - change in investment - change in the rate of interest - change in employment and output - change in the price level

(D) Change in quantity of money - change in the rate of interest - change in investment - change in employment and output - change in the price level

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