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GK for Banking Examinations Practice Questions part-4

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Important current affairs and Gk questions for Bank exams, IBPS, SBI and all other finance industy exams

General Knowledge; Current Affairs with special reference to the Banking and Finance Industry of India for IBPS Banking , RBI, SBI and other Banking Recruitment Examinations of 2013 and 2014.If you like the post kindly give rating.

57. As per the recent estimates, the country with the worst inflation situation in the world is __:
[A]Ethiopia
[B]Zimbabwe
[C]Sudan




Answer-
Venezuela



58. Malanjkhand mine famous for copper reserves is in which of the following states?
[A]Orissa
[B]Chhattisgarh
[C]Jharkhand
[D]Madhya Pradesh




Answer-
Madhya Pradesh


59. Chairman of the 14th Finance Commission is __:
[A]Shankar Acharya
[B]Y. V. Reddy
[C]Bimal Jalan
[D]SS Tarapore




Answer-
Y. V. Reddy


60. Average annual growth of the agriculture sector in the Eleventh Five Year Plan was __:
[A]2.8%
[B]3%
[C]3.3%
[D]3.8%




Answer-
3.3%
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61. Which company acquired 26 per cent stake in ONGC’s Krishna Godavari basin deep-sea block?
[A]Gazprom
[B]Inpex Corporation
[C]Petronas
[D]ConocoPhillips

[showhide type=“61” ]
Answer-
Inpex Corporation



62. Too much import of Gold by India adversely affects:
1. Trade Balance
2. Current Account Balance
3. Capital Account Balance
Choose the correct option from the codes given below:
[A]1 & 2
[B]2 & 3
[C]1, 2 & 3
[D]1 & 3




Answer-
1 & 2


63. On which among the following dates FERA was replaced by FEMA?
[A]June 1, 2000
[B]June 11, 2000
[C]April 1, 2001
[D]April 1, 2002




Answer-
June 1, 2000



64. The steel plants of Durgapur, Bhilai & Rourkela were set up under which among the following five year plans?
[A]First Five Year Plan
[B]Second Five Year Plan
[C]Third Five Year Plan
[D]Fourth Five Year Plan




Answer-
Second Five Year Plan


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