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  • 2125 General Studies Questions for UPSC /SSC / competitive exams

    August 14, 2019 by Job Alert

    2000+  General Studies Questions and Answers Online Practice session for UPSC /SSC /all  competitive exams /UGC NET/ SET and more

    General Studies Covered biology ,physics , chemistry ,General knowledge ,history, polity, Geography and economics.

    Download PDF here

    61 .Which day is celebrated as 'National Consumer Right Day?
    A.  24th November
    B.  24th September
    C.  24th December
    D.  24th October
    Answer & Explanation
    Answer : Option C
    Explanation :
    View Answer Discuss in Forum

    62 .The place where bankers meet and settle their mutual claims and accounts is known as :
    A.  clearing House
    B.  dumping Ground
    C.  collection Centre
    D.  treasury
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    63 .Which of the following is not shared by the Centre and the States?
    A.  Sales Tax
    B.  Income Tax
    C.  Corporation Tax
    D.  Union Excise Duties
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    64 .The headquarters of World Trade Organisation is in :
    A.  Geneva
    B.  The Hague
    C.  Seattle
    D.  Montreal
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    65 .India's wage policy is based on:
    A.  productivity
    B.  cost of living
    C.  none of these
    D.  standard of living
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    66 .The inflation experienced in the country at present is :
    A.  galloping inflation
    B.  secondary inflation
    C.  unrealistic inflation
    D.  cost-push inflation
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    67 .CENVAT is associated with:
    A.  rate of direct tax
    B.  rate of income tax
    C.  none of the above
    D.  rate of indirect tax
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    68 .Indian Railways earn the maximum revenue from:
    A.  passenger tax
    B.  passenger fare
    C.  freight
    D.  traffic tax
    Answer & Explanation
    Answer : Option C
    Explanation :
    View Answer Discuss in Forum

    69 .In India, the first bank of limited liability managed by Indians and founded in 1881 was :
    A.  Oudh Commercial Bank
    B.  Punjab and Sind Bank
    C.  Punjab National Bank
    D.  Hindustan Commercial Bank
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    70 .According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount :
    A.  minimum Rs. 25 lakh
    B.  minimum Rs. 50 lakh
    C.  minimum Rs. 10 lakh
    D.  minimum Rs. 5 lakh
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    71 .Stagflation implies a case of :
    A.  galloping inflation
    B.  recession plus inflation
    C.  rising wages and employment
    D.  adverse balance of trade
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    72 .VAT is alternate of:
    A.  both ( a ) and ( b )
    B.  central tax
    C.  neither ( a ) nor ( b )
    D.  state tax
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    73 .The national income of India is estimated mainly through :
    A.  production and income methods
    B.  production and expenditure methods
    C.  production method alone
    D.  expenditure method alone
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    74 .A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as :
    A.  deflation
    B.  disinflation
    C.  inflation
    D.  hyper-inflation
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    75 .For regulation of the Insurance Trade in the country the Government has formed:
    A.  General Insurance Corporation
    B.  SEBI
    C.  Reserve Bank of India
    D.  Insurance Regulatory and Development Authority
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

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