Top 50 General Awareness Questions
General Awareness Questions
Q.11 The first wholly Indian Bank was set up in
(A) 1794
(B) 1899
(C) 1894
(D) 1902
Ans . C
Q.12 Excise duty is a tax levied on the
(A) import of goods
(B) export of goods
(C) production of goods
(D) sale of goods
Ans . C
Q.13 Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
(A) Reliance Energy
(B) Essar Oil
(C) GAIL
(D) ONGC
Ans . B
Q.14 Which of the following is not viewed as a national debt?
(A) Provident Fund
(B) Life Insurance Policies
(C) National Saving Certificate
(D) Long-term Government Bonds
Ans . C
Q.15 Deficit financing means that the government borrows money from the
(A) RBI
(B) Local Bodies
(C) Big businessmen
(D) IMF
Ans . A
Q.16 If an economy is an equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
(A) Zero
(B) equal to government income
(C) larger than government income
(D) negative
Ans . B
Q.17 The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
(A) 1984
(B) 1986
(C) 1987
(D) 1989
Ans . C
Q.18 Reserve Bank of India was nationalized in the year
(A) 1935
(B) 1945
(C) 1949
(D) 1948
Ans . C
Q.19 How many banks were nationalized in 1969?
(A) 14
(B) 12
(C) 11
(D) 16
Ans . A
Q.20 In India, inflation measured by the
(A) Wholesale Price Index number
(B) Consumers Price Index for urban non-manual workers
(C) Consumers Price Index for agricultural workers
(D) National Income Deflation
Ans . A
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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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