Top 50 General Awareness Questions
General Awareness Questions with Answers
Q.1 The central banking functions in India are performed by the
(A) Central Bank of India
(B) Reserve Bank of India
(C) State Bank of India
(D) Punjab National Bank
Ans . B
Q.2 Gilt-edged market means
(A) bullion market
(B) the market of government securities
(C) market of guns
(D) the market of pure metals
Ans . B
Q.3 In the last decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
(A) Chemicals other than fertilizers
(B) Services sector
(C) Telecommunication
(D) Food processing
Ans . C
Q.4 Depreciation means
(A) closure of a plant due to lock out
(B) closure of a plant due to labour trouble
(C) loss of equipment over time due to wear and tear
(D) destruction of a plant in a fire accident
Ans . C
Q.5 Deficit financing leads to inflation in general, but it can be checked if
(A) government expenditure leads to an increase in the aggregate supply in the ratio of aggregate demand
(B) only aggregate demand is increased
(C) all the expenditure is denoted national debt payment only
(D) All of the above
Ans . D
Q.6 If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
(A) will decrease
(B) will increase
(C) will neither increase nor decrease
(D) None of the above
Ans . C
Q.7 India changed over to the decimal system of coinage in
(A) April 1995
(B) April 1957
(C) April 1958
(D) April 1994
Ans . B
Q.8 On July 12, 1982, the ARDC was merged into
(A) RBI
(B) NABARD
(C) EXIM Bank
(D) None of these
Ans . B
Q.9 Which of the following items would not appear in a company’s balance sheet?
(A) Value of stocks of raw materials held
(B) Total issued capital
(C) Revenue from sales of the company’s products
(D) Cash held at the bank
Ans . C
Q.10 In the state of India, the State Financial Corporation have given assistance mainly to develop
(A) agricultural farms
(B) cottage industry
(C) large-scale industries
(D) medium and small-scale industries
Ans . D
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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