General Awareness Questions

Q:

In November 2017, a report titled ‘Credit Suisse Global Wealth Report’ was released. As per this report, what was approximate total household wealth of India?

 

A) $ 5 Trillion B) $ 1 Trillion
C) $ 10 Trillion D) $ 15 Trillion
 
Answer & Explanation Answer: A) $ 5 Trillion

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Q:

Which one of the following institutions is also called "World Bank" ?

A) International Bank of Reconstruction and Development B) International Monetary Fund
C) UNICEF D) IFC
 
Answer & Explanation Answer: A) International Bank of Reconstruction and Development

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate B) Repo rate
C) Reserve repo rate D) Marginal Standing Facily
 
Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

The impact of Green Revolution was felt most in the case of

A) Wheat B) Rice
C) Pulses D) Oil seeds
 
Answer & Explanation Answer: A) Wheat

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Q:

Sri Lanka on 9 December, 2017 formally handed over the control of the southern deep sea port of Hambantota to which country for 99 year lease?

 

A) India B) Pakistan
C) China D) Japan
 
Answer & Explanation Answer: C) China

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Q:

On 9 November 2017, House Building Advance (HBA) rules were revised. Now, under the new rules, the central government employee can barrow a maximum of how much amount from government?

 

A) Rs 50 lakh B) Rs 25 lakh
C) Rs 75 lakh D) Rs 15 lakh
 
Answer & Explanation Answer: B) Rs 25 lakh

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Q:

Which country was, in October 2017, named the best country to visit in 2018, according to Lonely Planet 'Best in Travel 2018' list?

A) India B) Chile
C) Thailand D) South Korea
 
Answer & Explanation Answer: B) Chile

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Q:

Which of these countries got Independence from United Kingdom?

A) Uzbekistan B) United States
C) Venezuela D) South Korea
 
Answer & Explanation Answer: B) United States

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