Explore topic-wise MCQs in Basic GK.

This section includes 278 Mcqs, each offering curated multiple-choice questions to sharpen your Basic GK knowledge and support exam preparation. Choose a topic below to get started.

201.

Which of the following Indian states is a victim of poverty?

A. Bihar
B. Kerala
C. Karnataka
D. Haryana
Answer» B. Kerala
202.

The financial year of India begins at?

A. 1st March
B. January 1
C. 1st December
D. 1st April
Answer» E.
203.

Which countries often have hard currency?

A. developed countries
B. Developing countries
C. Semi-Developed Countries
D. All these
Answer» B. Developing countries
204.

A foreign currency which has a tendency to migrate soon is called?

A. soft currency
B. Savarna Mudra
C. Hot money
D. Rare currency
Answer» D. Rare currency
205.

Which of the following is not a function of currency?

A. Measurement of value
B. accumulation of value
C. transfer of value
D. stabilization of price
Answer» E.
206.

What is called by the government to abolish the old currency and move to the new currency?

A. Demonetization
B. devaluation
C. Currency contraction
D. All these
Answer» B. devaluation
207.

Were presenters of market rules?

A. J.R. B. Sec
B. Malthus
C. Ricardo
D. None of these
Answer» B. Malthus
208.

What is the process of constantly increasing prices?

A. Inflation
B. over production
C. Mandi
D. None of these
Answer» B. over production
209.

Inflation causes the most losses?

A. debtors
B. creditor
C. merchant class
D. All these
Answer» C. merchant class
210.

Benefit from inflation?

A. debtor
B. Lender
C. Saver
D. Pension Recipients
Answer» B. Lender
211.

Which of the following is not a method of controlling inflation?

A. Control over supply of currency
B. rationing of goods
C. control on demand
D. reduction in interest rate
Answer» E.
212.

Who is called the bank of banks in India?

A. Reserve Bank of India
B. Bank of India
C. State Bank of India
D. All these
Answer» B. Bank of India
213.

Issues currency notes in India?

A. Urban Co-operative Bank
B. Reserve Bank of India
C. Ministry of Finance
D. Finance Secretary
Answer» C. Ministry of Finance
214.

In which of the following banks, a person cannot open his account?

A. Bank of India
B. Urban Co-operative Bank
C. Reserve Bank of India
D. All these
Answer» D. All these
215.

The Reserve Bank of India has an accounting year?

A. October - September
B. April-March
C. July-June
D. None of these
Answer» C. July-June
216.

Where is the banknote press located?

A. Nashik
B. Mumbai
C. Dewas
D. None of these
Answer» D. None of these
217.

In which year was the Industrial Reconstruction Bank of India established?

A. 1947
B. 1990
C. 1985
D. 1991
Answer» D. 1991
218.

The Federal Reserve Bank is the central bank of which country?

A. America
B. Germany
C. France
D. Others
Answer» B. Germany
219.

In which year was the Indian Unit Test established?

A. 1964
B. 1969
C. 1971
D. 1973
Answer» B. 1969
220.

Which is the largest mutual fund organization of India?

A. G.I.C
B. U.T.I.
C. S.B.I
D. L.I.C.
Answer» C. S.B.I
221.

Who is the body regulating stock exchanges in India?

A. N.S.E
B. S.E.B.I
C. R.B.I.
D. None of these
Answer» C. R.B.I.
222.

The Bombay Stock Exchange established was?

A. 1890
B. 1865
C. 1875
D. 1881
Answer» D. 1881
223.

Which form of currency is more prevalent nowadays?

A. Metallic money
B. letter money
C. Coins
D. All of these
Answer» C. Coins
224.

The National Stock Exchange was established by which committee?

A. Mahalanobis Committee
B. Wanchoo Committee
C. Ferwani Committee
D. None of these
Answer» D. None of these
225.

NIFTY is a price index of which of the following stock market?

A. C.S.E
B. N.S.E
C. D.S.E
D. None of these
Answer» C. D.S.E
226.

'Shining Star' is a symbol of which bank?

A. Bank of Baroda
B. Bank of India
C. Indian Bank
D. None of these
Answer» C. Indian Bank
227.

The National Rural Employment Guarantee Scheme is named after which great man?

A. Rajiv Gandhi
B. Mahatma Gandhi
C. Indira Gandhi
D. Jawaharlal Nehru
Answer» C. Indira Gandhi
228.

Which of the following is not included in the national income?

A. win the lottery
B. Government expenditure incurred on construction of new bridges
C. Charged rent of houses in owner's possession
D. None of these
Answer» B. Government expenditure incurred on construction of new bridges
229.

Which region has the least contribution to India's national income?

A. Primary Sector
B. Secondary Sector
C. Tertiary sector
D. None of these
Answer» C. Tertiary sector
230.

Who contributes most to India's national income?

A. Primary Sector
B. Secondary sector
C. Tertiary sector
D. All equal
Answer» D. All equal
231.

Where is the headquarter of Food and Agriculture Organization located?

A. Rome
B. Geneva
C. Paris
D. none of these
Answer» B. Geneva
232.

Operation flood is related to which work?

A. Wheat production
B. water harvesting
C. milk production
D. All these
Answer» D. All these
233.

Stagflation condition is?

A. deadlock and recession
B. stagnation and inflation
C. deadlock and deflation
D. none of these
Answer» C. deadlock and deflation
234.

India has achieved self-reliance in the production of

A. Food grains
B. edible oil
C. Petroleum
D. Fertilizers
Answer» B. edible oil
235.

Which is the most important small scale industry of India?

A. Handloom Industry
B. Leather Industry
C. Pottery manufacturing industry
D. Cotton textile industry
Answer» B. Leather Industry
236.

When was the first agricultural census conducted?

A. 1948
B. 1990
C. 1976
D. 1970
Answer» E.
237.

Business comes under?

A. Trade and Industry
B. only trade
C. Commerce and Industry
D. trade, commerce and industry
Answer» E.
238.

In which crop the most disappointing result of Green Revolution was seen?

A. Pulses
B. Maize
C. Oilseeds
D. Soyabean
Answer» B. Maize
239.

India's rank in tobacco production in the world is?

A. 1st
B. 2nd
C. 3rd
D. 4th
Answer» D. 4th
240.

In which year liberal industrial policy was adopted in India?

A. 1945
B. 1975
C. 1991
D. 1980
Answer» D. 1980
241.

Which bank has formed Kisan Clubs to reach farmers easily?

A. Reserve Bank of India
B. Bank of India
C. Regional Rural Banks
D. Allahabad Bank
Answer» D. Allahabad Bank
242.

What is the rank of India in the world in terms of rice export?

A. 2nd
B. 3rd
C. 4th
D. 5th
Answer» B. 3rd
243.

Which is the financial year from which disinvestment in public enterprises started?

A. 1970-1971
B. 1991-1992
C. 1994-1995
D. none of these
Answer» C. 1994-1995
244.

What is the rank of India in coffee production in the world?

A. 4th
B. 5th
C. 6th
D. 7th
Answer» D. 7th
245.

What is the rank of India in the production of sugar in the world?

A. 2nd
B. 3rd
C. 4th
D. 5th
Answer» B. 3rd
246.

The oldest large industry of India is?

A. Cotton textile industry
B. Jute Industry
C. Paper Industry
D. Handicraft Industry
Answer» B. Jute Industry
247.

What is the rank of India in the world in fish production?

A. 2nd
B. 3rd
C. 4th
D. 5th
Answer» C. 4th
248.

India's rank among coal producing countries is?

A. 2nd
B. 3rd
C. 4th
D. 5th
Answer» C. 4th
249.

Which is the largest industry of India?

A. Jewelery Industry
B. Textile Industry
C. Manufacturing Industry
D. Handicraft Industry
Answer» C. Manufacturing Industry
250.

Blue revolution is related to which of the following?

A. Fishing
B. Indigo cultivation
C. Poultry farming
D. none of these
Answer» B. Indigo cultivation