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General Knowledge (GK) 2023-24: GK Questions, Topics, Mock Test, Practice Quiz

6 months ago 7.9M Views
Q :  

RBI Authorized which bank to collect indirect taxes on behalf of the Central Board of Indirect Taxes and Customs (CBIC)?

(A) CSB Bank

(B) RBL Bank

(C) Karnataka Bank

(D) City Union Bank

Correct Answer : B
Explanation :

Detailed Solution. The correct answer is RBL Bank. RBI has authorized RBL Bank to collect indirect taxes on behalf of the Central Board of Indirect Taxes and Customs (CBIC).


Q :  

Which has become the most expensive city according to the Worldwide Cost of Living Index 2021?

(A) Tel Aviv

(B) Paris

(C) Syria

(D) Singapore

Correct Answer : D
Explanation :

Singapore maintains its spot as the world's most expensive city, tying with Zurich, Switzerland. This is the ninth time in 11 years that Singapore has topped the list.


Q :  

Which bank has tied up with IndiGo to launch a co-branded credit card 'Ka-Ching'?

(A) Karur Vysya Bank

(B) South Indian Bank

(C) Karnataka Bank

(D) Kotak Mahindra Bank

Correct Answer : D
Explanation :

The Kotak IndiGo 'Ka-ching' credit card comes in two variants -- 6E Rewards and 6E Rewards XL. The credit card was launched by IndiGo chief commercial officer William Boulter and Kotak Mahindra Bank president for consumer assets Ambuj Chandna at the Delhi airport.


Q :  

Which country tops the Global Health Protection Index 2021?

(A) Finland

(B) Thailand

(C) Canada

(D) USA

Correct Answer : D
Explanation :
GHS Index:
  • About:
    • It is an assessment and benchmarking of health security and related capabilities across 195 countries.
    • It has been developed in partnership by the Nuclear Threat Initiative (NTI) and the Johns Hopkins Center.
      • NTI is a nonprofit global security organization focused on reducing nuclear and biological threats imperiling humanity.
      • Johns Hopkins Center was created to recognize the crucial role of communication in public health.

Q :  

What was the nationality of Mahbub-ul-Haq (another Amartya Sen), the forerunner of the Human Development Index and the founder of the Human Development Index?

(A) Pakistan

(B) Iraq

(C) UK

(D) USA

Correct Answer : A
Explanation :

The human development concept was developed by economist Mahbub ul Haq. At the World Bank in the 1970s, and later as minister of finance in his own country, Pakistan, Dr. Haq argued that existing measures of human progress failed to account for the true purpose of development—to improve people's lives.


Q :  

Which of the following committee is not associated to the estimation of poverty in India?

(A) V.K. Alagh Committee

(B) Suresh Tendulkar Committee

(C) Rangarajan Committee

(D) Vijay Kelkar Committee

Correct Answer : D
Explanation :

It is related to the assessment of poverty in India.

(A) V.K. Alagh Committee

(B) Suresh Tendulkar Committee

(C) Rangarajan Committee


Q :  

Central bank of our country is 

(A) State Bank of India

(B) Reserve Bank of India

(C) Central Bank of India

(D) Bank of Baroda

Correct Answer : B
Explanation :

1. The central bank of our country is the Reserve Bank of India.

2. It is the supreme bank of India and determines the monetary policy of the country.

3. RBI was established on April 1, 1935 under the Reserve Bank of India Act, 1934.


Q :  

In which field did the RN Malhotra committee submit its report for reforms?

(A) Banking Sector

(B) Tax Reform

(C) Sick Industry

(D) Insurance sector

Correct Answer : D
Explanation :

A committee was set up in 1993 under the chairmanship of R.N. Malhotra, former Governor of the Reserve Bank of India, to make recommendations for reforms in the insurance sector.


Q :  

The Competition (Amendment) Bill, 2022 proposes to reduce the timeline for the CCI to pass an order on transactions from 210 days to _______ days.

(A) 140

(B) 180

(C) 150

(D) 190

Correct Answer : C
Explanation :

The Competition (Amendment) Bill, 2022 proposes to reduce the timeline for the CCI to pass an order on transactions from 210 days to 150 days. It seeks to amend the Competition Act, 2002. The Act prohibits any person or enterprise from entering into a combination which may cause adverse effect on competition.


Q :  

What is the number of recognized stock exchanges in India?

(A) 19

(B) 20

(C) 21

(D) 23

Correct Answer : D
Explanation :

There are 23 stock exchanges in India. Among them, two are national-level stock exchanges namely Bombay Stock exchange (BSE) and National Stock Exchange (NSE). The rest 21 are Regional Stock Exchanges (RSEs).


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