1000 GK Questions and Answers

1000+  GK Questions and Answers  (General Knowledge ) MCQ  Questions and Answers for all competitive exams UPSC IAS IPS  Prelims, SSC CGL ,SSC CHSL general Awareness CTET, UGC NET, SET Questions Practice Online

91 .Banks need liquidity to meet which of the following objectives of banking? (1) To meet deposit withdrawal (2) To fund loan demands (3) To maintain public confidence
A.  None of these
B.  Only (1)
C.  Only (3)
D.  Only (2)
E.  Only (1) & (2)
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92 .How does a bank establish the identity of a customer?
A.  By following KYC norms
B.  All of the above
C.  None of the above
D.  By getting introduction of an existing customer
E.  By taking AADHAR card copy
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93 .Which of the following is true about the National Rural Employment Guarantee Act? (1) Itis applicable only in 100 rural districts. (2) It gives a guaranteed employment of 100 days to all those who are eligible for the same and are also willing to take it. (3) This act is applicable only for men between the age of 21-6 5. Women do not get the benefit of the same.
A.  Only (2)
B.  Only (1)
C.  Only (3)
D.  All (1), (2) & (3)
E.  None of these
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94 .The Bank of Japan (BOJ) and the Reserve Bank of India (RBI) recently agreed to expand the amount of the Bilateral Swap Agreement (BSA) to
A.  None of these
B.  35 billion dollars
C.  15 billion dollars
D.  50 billion dollars
E.  75 billion dollars
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95 .Which of the following acts was framed specially to deal more effectively with the problem of non-performing assets in banking system?
A.  Foreign Exchange Management act
B.  Industrial Dispute Act
C.  Companies Act
D.  Banking Regulation Act
E.  SARFASESI Act
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96 .The UTI was established in
A.  1964
B.  None of these
C.  1976
D.  1972
E.  1956
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97 .All venture Capital Funds must be registered with
A.  Either A and B
B.  SEBI
C.  None of these
D.  Registrar of Companies
E.  RBI
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98 .In Union Budget 2014 -15, Exemption limits on income tax raised from _____.
A.  Rs. 2 lakh to Rs. 3.5 lakh
B.  Rs. 2 lakh to Rs. 2.5 lakh
C.  Rs. 3 lakh to Rs. 4.5 lakh
D.  Rs. 3 lakh to Rs. 3.5 lakh
E.  Rs. 2 lakh to Rs. 3 lakh
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99 .The Government of India has launched a number of poverty alleviation programmes. This is done with the view that poverty is the root cause of social insecurity. Inaddition to that UNO has also launched Millennium Development Goals to be achieved by 201 5. Which of the following is NOT one of those goals?
A.  Reduce marriageable age for males to 18 years
B.  Promote gender equality and empower women
C.  Combat HIV/AIDS, Malaria
D.  Improve mental health
E.  Achieve universal primary education
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100 .During which plan was the National Bank for Agriculture and Rural Development (NABARD established to facilitate the rural credit and agricultural development?
A.  Fifth Five Year Plan
B.  Eighth Five Year Plan
C.  Sixth Five Year Plan
D.  None of these
E.  Third Five Year Plan
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101 .In any year, real GDP
A.  must always be less than potential GDP
B.  will always be greater than potential GDP because of the tendency of nations to incur inflamation
C.  cannot be determined
D.  always equals potential GDP
E.  might be greater or less than potential GDP
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102 .Which nationalised bank was the first to sponsor a Regional Rural Bank (RRB) in India?
A.  Union Bank of India
B.  None of the above
C.  Central Bank of India'
D.  Bank of India
E.  Syndicate Bank
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103 .Under which category, will you classify Regional Rural Banks (RRBs)?
A.  Scheduled commercial banks
B.  None of the above
C.  Private sector banks
D.  Co-operative banks
E.  Development banks
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104 .Onthe current account,balancesmaintained by the Regional Rural Banks (RRBs) with them, the commercial banks may
A.  waive incident charges
B.  pay interest as such rates as may be mutually agreed to
C.  pay interest up to 9%
D.  pay interest as applicable to savings accounts
E.  All of the above
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105 .In the recent Union Budget 2014-15, Agriculture University will be set up in _____ ?
A.  Haryana & Punjab
B.  Andhra Pradesh & Rajasthan
C.  Gujarat & Maharashtra
D.  None of these
E.  Uttar Pradesh & Bihar
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