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 of the following institutions was not founded by Mahatama Gandhi?

A) Sabarmati Ashram B) Sevagram Ashram
C) Vishwa Bharti D) Phoenix Ashram
 
Answer & Explanation Answer: C) Vishwa Bharti

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Q:

Which type of foreign investment is considered as unsafe?

A) Foreign Direct Investment (FDI) B) Portfolio investment
C) NRI deposits D) External commercial borrowing
 
Answer & Explanation Answer: B) Portfolio investment

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Q:

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: C) Capital Account

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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:

As per World Health Organization, a pilot program testing the first ever malaria vaccine will begin in ________ in the year 2018.

A) India B) Italy
C) United Kingdom D) Africa
 
Answer & Explanation Answer: D) Africa

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Q:

Which   of   the   following   statements   are correct about ‘Saakshar Bharat’ scheme?

1.It   is   a   centrally   sponsored   scheme which    was    launched    during    the Eleventh Five-year Plan.

2.The   scheme   applies   to   women   in particular and disadvantaged groups in general.

3.The  scheme  applies  to  persons  above the age of 10 years.

4.The     scheme     is     anchored     with Panchayati  raj  Institutions  and  Local self-Government.Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 2, 3 and 4
C) 1,2 and 4 D) 1, 3 and 4
 
Answer & Explanation Answer: C) 1,2 and 4

Explanation:

Saakshar    Bharat    scheme    was launched  on  8th  September  2009 during  the  11th  Five  Year  Plan, with an aim to raise literacy rate to 80%, to bridge gender gap to 10% .The   scheme   is   anchored   with Panchayati   Raj   Institutions   and Local  Self-government  to  decrease regional  and  social  disparities  and to   focus   on   women,   SCs,   STs, minorities and other disadvantaged  groups.  It  focused mainly  on  adult  education,  with emphasis  on  non-literates  in  the age group of 15-36 years.

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Q:

 In August 2017, Indian Government has launched a portal to provide a platform to sell agricultural produce called ‘e-RAKAM’. What does ‘M’ stand for?

A) Market B) Mandi
C) Management D) Messaging
 
Answer & Explanation Answer: B) Mandi

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