Explore topic-wise MCQs in Current Affairs.

This section includes 888 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

701.

As per the advance estimates released by the CSO, the GDP in 2016-17 is set to grow at

A. 7.1%
B. 7.2%
C. 7.3%
D. 7.4%
Answer» B. 7.2%
702.

For the first time in nearly 150 years, India's economy surpassed the economy of this country.

A. The United Kingdom
B. Germany
C. Japan
D. South Korea
Answer» B. Germany
703.

What is the current interest rate on Employees' Provident Fund (EPF) for FY 17?

A. 8.65%
B. 8.55%
C. 8.75%
D. 8.45%
Answer» B. 8.55%
704.

What is the current India's economic growth forecast for FY 17, as per updated report "Asian Development Outlook 2016" of Asian Development Bank (ADB)?

A. 7.4%
B. 7.2%
C. 6.9%
D. 7.0%
Answer» E.
705.

The Central Statistical Office in November 2016 announced that India's Gross Domestic Product (GDP) accelerated to what percentage?

A. 7.1 percent
B. 7.3 percent
C. 7.6 percent
D. 7.7 percent
Answer» C. 7.6 percent
706.

The Union Cabinet recently approved the rehabilitation package of what amount for displaced families from Pakistan occupied Jammu & Kashmir (POJK)?

A. Rs 2000 crore
B. Rs 2500 crore
C. Rs 5000 crore
D. Rs 7500 crore
Answer» B. Rs 2500 crore
707.

What is the India's GDP growth forecast for FY 17, as per recently report by Morgan Stanley?

A. 7.3%
B. 7.5%
C. 7.7%
D. 7.6%
Answer» B. 7.5%
708.

How much Minimum Support Price was hiked in wheat by the Union Government for 2016-17?

A. Rupees 100 per quintal
B. Rupees 110 per quintal
C. Rupees 150 per quintal
D. Rupees 200 per quintal
Answer» B. Rupees 110 per quintal
709.

Mehbooba Mufti formally launched the World Bank-funded Jhelum-Tawi flood recovery project. The World Bank had agreed to fund how much amount for the project?

A. $150 million
B. $270 million
C. $250 million
D. $350 million
Answer» D. $350 million
710.

The Union Government recently decided to permit families celebrating weddings to withdraw what amount of cash from their own bank accounts that are KYC compliant?

A. 100000 rupees
B. 150000 rupees
C. 200000 rupees
D. 250000 rupees
Answer» E.
711.

The Union Government recently reduced the limit of exchange of old 500 and 1000 rupees notes from 4500 rupees to what amount?

A. 1500 rupees
B. 2000 rupees
C. 2500 rupees
D. 3000 rupees
Answer» C. 2500 rupees
712.

The Union Government recently allowed withdrawal of 2000 rupees cash from which of the following places?

A. Grocery shops
B. Jewellery Shops
C. Petrol Pumps
D. Trading Companies
Answer» D. Trading Companies
713.

The United States in November 2016 announced two financial projects for India. The projects will be executed at an expense of

A. 82 million US dollars
B. 95 million US dollars
C. 101 million US dollars
D. 112 million US dollars
Answer» C. 101 million US dollars
714.

As per United Nations Economic and Social Commission for Western Asia's report the Arab Spring protest movement has cost what expenses since 2011.

A. 300 billion dollars
B. 437 billion dollars
C. 521 billion dollars
D. 614 billion dollars
Answer» E.
715.

Which PSU is not a part of the 2 billon US dollars Clean Energy Equity Fund launched by the Union Government?

A. National Thermal Power Corporation (NTPC)
B. Rural Electrification Corporation Limited (RECL)
C. Power Finance Corporation (PFC )
D. Nuclear Power Corporation of India Limited (NPCIL)
Answer» E.
716.

Union Government has decided to launch a clean energy equity fund. The fund will be of what amount?

A. 1 billion
B. 1.25 billion
C. 2 billion
D. 2.5 billion
Answer» D. 2.5 billion
717.

The GST council in November 2016 approved four tier tax structure under the Goods and Services Tax (GST). What is that four tier tax structure?

A. 12, 18, 28 and 40 percent
B. 12, 15, 26 and 32 percent
C. 6, 12, 18 and 26 percent
D. 5, 12, 18 and 28 percent
Answer» E.
718.

In the context of Mughal administration, the term ‘polaj’ stood for a:

A. type of land for revenue assessment
B. type of weapon
C. land granted to religious personalities
D. soldier
Answer» B. type of weapon
719.

By an imperial farman which of the following Rajas of Amber was prohibited from using the Makrana marble in his own watan jagir ?

A. Ram Singh I
B. Raja Bishan Singh
C. Mirza Raja Jai Singh
D. Sawai Jai Singh
Answer» D. Sawai Jai Singh
720.

Although taken aback by the beauty of Kashmir and its gardens, which of the following emperors decreed in his 6th regnal year that no king should visit there unless on military or administrative business, as he believed that the pursuit of pleasure was the inadequate reason for going to Kashmir ?

A. Jahangir
B. Shahjahan
C. Aurangzeb
D. Bahadur Shah I
Answer» B. Shahjahan
721.

Given below are two statements, one labelled as Assertion (A), and the other labelled as Reason (R).Assertion (A): In the medieval period the dam was as much an index of the value of copper, as the rupee was of silver. Interestingly the regional price variations attained a much greater importance in the case of copper metal than in that of gold or silver.Reason (R): The main supplies were from the mines of the northern and eastern slopes of the Aravalli and the Vindhyan ranges. The proximity to these could play a large part in determining the extent of differences in price among various markets.In the context of the above two statements which of the following is correct ?

A. Both (A) and (R) are true and (R) is the correct explanation of (A).
B. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
C. (A) is true, but (R) is false.
D. (A) is false, but (R) is true.
Answer» C. (A) is true, but (R) is false.
722.

Malik Ambar brought revolutionary changes in the agrarian and revenue structure of the Nizam Shahi kingdom. In this context which of the following provisions are correct?(A) Malik Ambar abolished the farming of land revenue collection(B) He initiated a system of glance-survey (nazar-pahani)(C) Under nazar-pahani land was divided into baghat and nabud(D) The maximum rate of land revenue was decide between 1/4 and 2/3 of the produce on different classes of soilChoose the most appropriate answer from the options given below:

A. (A), (B) and (C) only
B. (B), (C) and (D) only
C. (A), (B) and (D) only
D. (A), (C) and (D) only
Answer» D. (A), (C) and (D) only
723.

"For ensuring safety on the roads and for extending comforts to the travellers, he built sarais on the highway at a distance of two Kosh. The travellers could get beds and cooked food. There also was provision for uncooked food supplies. He built some 1700 such sarais. "Who is this ruler?

A. Ibrahim Lodi
B. Shar Shah
C. Akbar
D. Shah Jahan
Answer» C. Akbar
724.

In the Mansabdari system do-aspa, Sih-aspa was introduced by Emperor

A. Akbar
B. Jahangir
C. Shahjahan
D. Aurangzeb
Answer» C. Shahjahan
725.

Maximum production of which fruit in India?

A. Guava
B. Banana
C. Pomegranate
D. Aonla
Answer» C. Pomegranate
726.

'Ashtadiggajas' were patronised by

A. Deva Raya 1
B. Deva Raya 2
C. Vira Narasimha
D. Krishna Deva Raya
Answer» E.
727.

Which one of the following is not a construction estimate ?

A. Initial feasibility estimate
B. Conceptual preliminary budget
C. Definite estimate
D. None of these
Answer» E.
728.

The construction estimate of a project is used by :

A. the owner of the facility
B. the consulting architect/engineer
C. the contractor of the project
D. All of these
Answer» E.
729.

Pick up the method used for project evaluation and selection in capital budgetting from the following:

A. pay back period
B. Internal ratio of return
C. Net present worth
D. All the above
Answer» E.
730.

Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by :

A. architect/engineer
B. construction manager
C. owner himself/herself
D. construction manager
Answer» D. construction manager
731.

Liquidity ratios are used :

A. to measure a firms ability to meet short-cut obligations.
B. to compare short term obligations to short-term resources available to meet these obligations.
C. to obtain much insight into the present cash solvency of the firm and the firm's ability to remain solvent in the event of adversity.
D. All of these
Answer» E.
732.

Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following:

A. Base unit method
B. Cost per function method
C. Cost per square metre method
D. Cost per linear metre method
Answer» E.
733.

In a cash flow series :

A. uniform gradient signifies that an income or disbursement changes by the same amount in each interest period.
B. Either an increase or a decrease in the amount of a cash flow is called the gradient.
C. The gradient in the cash flow may be positive or negative.
D. All of these
Answer» E.
734.

If P is principal amount, i is the rate of interest and n is the number of periods in years, then the interest factor is :

A. (1 + ni)
B. (ni - 1)
C. ni
D. None of these
Answer» B. (ni - 1)
735.

The owner of the construction company makes use of the estimate :

A. to determine the capital investment costs.
B. to assist in financial arrangements
C. to determine economic feasibility of the project.
D. All of these
Answer» E.
736.

Pick up the element of the cost from the following:

A. direct material
B. direct labour
C. Over head
D. All of these
Answer» E.
737.

Which one of the following is included in financial ratios of the firm ?

A. Profitability ratio
B. Liquidity ratio
C. Turnover ratio
D. All of these
Answer» E.
738.

The construction manager uses the estimate of the project

A. to tell the owner of the project to take his/her financial decision.
B. to advise the architect/engineer regarding design cost parameter especially in value engineering analysis.
C. to develop bids on the project.
D. All of these
Answer» E.
739.

The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;

A. Present Worth Annuity
B. Sinking fund annuity
C. Compound annuity
D. Capital recovery annuity
Answer» E.
740.

Pick up the main purpose of project cost control from the following :

A. To signal immediate warning of uneconomic operations
B. To provide a feed back to the estimator
C. To promote cost consciousness
D. All of these
Answer» E.
741.

The alternatives which are standalone solutions for given situations in engineering involve :

A. a purchase cost (first cost)
B. the anticipated life of the assest
C. the yearly costs of maintaining the assest (annual maintenance and operating cost)
D. All of these
Answer» E.
742.

The interest calculated on the basis of 365 days a year, is known as :

A. interest
B. ordinary simple interest
C. exact simple interest
D. None of these
Answer» D. None of these
743.

Current assests less inventories divided by current liabilities is known as

A. Liquidity ratio
B. Current ratio
C. Acid-Test (or Quick) ratio
D. Debts ratio
Answer» D. Debts ratio
744.

If a is the base amount expenditure, b is the increase in the operation cost each year over a period of n years, the total cost of maintenance is :

A. a + (n + 1) b
B. a + (n - 1) b
C. a x (n - 1) b
D. a - (n - 1) b
Answer» C. a x (n - 1) b
745.

The estimator for definitive estimates must be able :

A. and an all-around construction expert.
B. to read the plans and specifications to determine accurate quantities of permanent materials and installed Equipment.
C. to express the job material requirements in dimensions suitable for costing and construction supplies.
D. None of the above
Answer» D. None of the above
746.

The ratio of current assests to current liabilities is known as

A. Liquidity ratio
B. Current ratio
C. Acid-Test (or Quick) ratio
D. Debts ratio
Answer» C. Acid-Test (or Quick) ratio
747.

Probabilistic estimating of a construction project includes:

A. Labour
B. Productivity
C. wage scale
D. All of these
Answer» E.
748.

Ratio analysis of a construction firm is used for analysis by :

A. share holders
B. firm's management
C. Banks of the firm
D. financial analysts
Answer» E.
749.

A construction estimate is used

A. to judge tentatively or approximate value of the project
B. to produce a statement of the approximate cost
C. to decide an approximation of the value of the project and not the exact cost.
D. None of these
Answer» D. None of these
750.

The project contractor relies on the cost of the estimate :

A. for submission of a competitive bid for a lumpsum contract
B. for a unit price contract
C. for preparation of a definitive estimate to help negotiate contract.
D. All of these
Answer» E.