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MCQOPTIONS
This section includes 200950 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge knowledge and support exam preparation. Choose a topic below to get started.
| 196201. |
Why is die Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?1. The Government intends to use the revenue earned -from the disinvestment mainly to pay back the external debt. 2. The Government no longer intends to retain the management control of the CPSEs.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor2 |
| Answer» E. | |
| 196202. |
Which one of the following is not a feature ofValue Added Tax? |
| A. | It is a multi-point destination-based system of taxation |
| B. | It is a tax levied on value addition at each stage of transaction in the production distribution chain |
| C. | It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer |
| D. | It is basically a subject of the Central Government and the State Government are only a facilitator for its successful implementation |
| Answer» D. It is basically a subject of the Central Government and the State Government are only a facilitator for its successful implementation | |
| 196203. |
Which of the following can aid in furthering the Government's objective of inclusive growth ?1. Promoting Self-Help Groups 2. Promoting Micro,Small and Medium Enterprises 3. Implementing the Right to Education ActSelect the correct answer using the codes given below: |
| A. | 1 only |
| B. | 1 and 2 only |
| C. | 2 and 3 only |
| D. | 1,2 and 3 |
| Answer» E. | |
| 196204. |
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities ? |
| A. | Commercial Banks |
| B. | Cooperative Banks |
| C. | Regional Rural Banks |
| D. | Microfinance Institutions |
| Answer» B. Cooperative Banks | |
| 196205. |
India is regarded as a country with Demographic Dividend. This is due to |
| A. | Its high population in the age group below 15 years |
| B. | Its high population in the age group of 15-64 years |
| C. | Its high population in the age group above 65 years |
| D. | Its high total population |
| Answer» C. Its high population in the age group above 65 years | |
| 196206. |
Why is the offering ofteaser loansby commercial banks a cause of economic concern?1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 196207. |
A rapid increase in the rate of inflation is sometimes attributed to thebase effect. What isbase effect? |
| A. | It is the impact of drastic deficiency in supply due to failure of crops |
| B. | It is the impact of the surge in demand due to rapid economic growth |
| C. | It is the impact of the price levels of previous year on the calculation of inflation rate |
| D. | None of the statements (a),(b),(c) 'given above is correct in this context |
| Answer» D. None of the statements (a),(b),(c) 'given above is correct in this context | |
| 196208. |
Consider the following actions which the Government can take:1. Devaluing the domestic currency.2. Reduction in the export subsidy.3. Adopting suitable policies which attract greater FDI and more funds from FIIs. Which of the above action/actions can help in reducing the current account deficit ? |
| A. | 1 and 2 |
| B. | 2 and 3 |
| C. | 3 only |
| D. | 1 and 3 |
| Answer» B. 2 and 3 | |
| 196209. |
AINAis a new city to be set up around which of the following airports: |
| A. | New Delhi Indira Gandhi International Airport |
| B. | Hyderabad Rajiv Gandhi International Airport |
| C. | Navi Mumbai International Airport |
| D. | None of the above |
| Answer» D. None of the above | |
| 196210. |
In terms of economy, the visit by foreign nationals to withness the XIX common Wealth Games in India amounted to |
| A. | Export |
| B. | Import |
| C. | Production |
| D. | Consumption |
| Answer» B. Import | |
| 196211. |
Which of the following tech companies has announced the launch of its Bitcoin facility in India: |
| A. | Zebpay |
| B. | Intuit |
| C. | Coinbase |
| D. | Bitcoinshop |
| Answer» B. Intuit | |
| 196212. |
Consider the following recent appointments to the post of Executive directors of the 9 Public Sector Banks by the government:K. Sahoo- ED of Indian Overseas Bank.Pawan Kumar Bajaj- ED of Indian Overseas Bank.Ravi Shankar Pandey- ED of Syndicate Bank.Kishore Piraji Kharat- ED of Union Bank of India.C.Lodha- ED of UCO Bank.Charan Singh- ED of Bank of BarodaVenkata Rama Moorthy- ED of Central Bank of India.P. Marathe- ED of Bank of India.Harideesh Kumar B- ED of Canara Bank. Which of the following has not been matched correctly? |
| A. | Only 1 |
| B. | Both 1 u0026 2 |
| C. | 1,2,5u00266 |
| D. | 1,5,6u00267 |
| Answer» E. | |
| 196213. |
Who has been appointed as the Director General of the Sports Authority of India? |
| A. | Heera Lal Samariya |
| B. | Subrata Paul |
| C. | Charan Singh |
| D. | Injeti Srinivas |
| Answer» E. | |
| 196214. |
Regarding international Monetary Fund, which one of the following statements is correct ? |
| A. | It can grant loans to any country |
| B. | It can grant loans to only development countries |
| C. | It grants loans to only member countries |
| D. | It can grant loans to the central bank of a country |
| Answer» E. | |
| 196215. |
With reference to Indian economy, consider the following statements:1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years.2. The percentage share of Public sector in GDP has declined in the last 10 years.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» C. Both 1 and 2 | |
| 196216. |
According to the latest Supreme Court judgement on Armed Forces Tribunal (AFT), which of the following is true: |
| A. | High courts can not entertain writ petitions against verdicts of AFT |
| B. | High courts can entertain writ petitions against verdicts of AFT |
| C. | High courts can entertain writ petitions against verdict of AFT concerning officials below the rank of Major only |
| D. | High courts can entertain writ petitions against verdict of AFT concerning officials above the rank of Major only |
| Answer» B. High courts can entertain writ petitions against verdicts of AFT | |
| 196217. |
Consider the following statements:1. The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season.2. Sugar and sugarcane are essential commodities under the Essential Commodities Act. Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 196218. |
Consider the following statements:In India, taxes on transactions in stock Exchanges and Futures Markets are 1. levied by the Union 2. collected by the state Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 196219. |
Consider the following statements:The functions of commercial banks in India include 1. Purchase and sale of shares and securities on behalf of customers.2. Acting as executors and trustees of wills.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 196220. |
In India,which of the following is regulated by the Forward Markets Commission? |
| A. | Currency Futures Trading |
| B. | Commodities Futures Trading |
| C. | Equity Futures Trading |
| D. | Both Commodities Futures and Financial Futures Trading |
| Answer» C. Equity Futures Trading | |
| 196221. |
With reference to India,consider the following :1. Nationalization of Banks2. Formation of Regional Rural Banks3. Adoption of villages by Bank Branches.Which of the above can be considered as steps taken to achieve thefinancial inclusionin India ? |
| A. | 1 and 2 only |
| B. | 2 and 3 only |
| C. | 3 only |
| D. | 1,2 and 3 |
| Answer» E. | |
| 196222. |
Which one of the following is not a feature of Limited Liability Partnership firm? |
| A. | Partners should be less than 20 |
| B. | Partnership and management need not be separate |
| C. | Internal governance may be decided by mutual agreement among partners |
| D. | It is corporate body with perpetual succession |
| Answer» B. Partnership and management need not be separate | |
| 196223. |
With reference to the National Investment Fund to which the disinvestment proceeds are routed,consider the following statements:1. The assets in the National Investment Fund are managed by the Union Ministry of Finance.2. The National Investment Fund is to be maintained within the Consolidated Fund of India.3. Certain Asset Management Companies are appointed as the fund managers.4. A Certain proportion of annual income is used for financing select social sectors.Which of the statements given above is/are correct ? |
| A. | 1 and 2 |
| B. | 2 only |
| C. | 3 and 4 |
| D. | 3 only |
| Answer» D. 3 only | |
| 196224. |
In India,the interest rate on savings accounts in all the nationalized commercial banks is fixed by |
| A. | Union Ministry of Finance |
| B. | Union Finance Commission |
| C. | Indian Bank's Association |
| D. | None of the above |
| Answer» E. | |
| 196225. |
When the Reserve Bank of India announces an increase of the Cash Reserve Ratio,what does it mean ? |
| A. | The commercial banks will have less money to lend. |
| B. | The Reserve Bank of India will have less money to lend |
| C. | The Union Government will have less money to lend |
| D. | The commercial banks will have more money to lend. |
| Answer» B. The Reserve Bank of India will have less money to lend | |
| 196226. |
With reference to India,consider the following statements:1. The Wholesale Price Index(WPI) in India is available on a monthly basis only.2. As compared to Consumer Price Index -for Industrial Workers (CPI(IW)),the WPI gives less weight less weight to food articles.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 196227. |
Consider the following actions by the Government:1. Cutting the tax rates2. Increasing the government spending 3. Abolishing the subsidies In the context of economic recession,which of the above actions can be considered a part of thefiscal stimulus package ? |
| A. | 1 and 2 only |
| B. | 2 only |
| C. | 1 and 3 only |
| D. | 1,2 and 3 |
| Answer» B. 2 only | |
| 196228. |
An objective of the National Food Security Mission is to increase the production of certain crops through area expansion and productivity enhancement in sustainable manner in the identified districts of the country. What are those crops? |
| A. | Rice and wheat only |
| B. | Rice,wheat and pulses only |
| C. | Rice,wheat,pulses and oil seeds only |
| D. | Rice, wheat,pulses,oil seeds and vegetables |
| Answer» C. Rice,wheat,pulses and oil seeds only | |
| 196229. |
Which of the following is/are treated as artificial currency ? |
| A. | ADR |
| B. | GDR |
| C. | SDR |
| D. | Both ADR and SDR |
| Answer» D. Both ADR and SDR | |
| 196230. |
With reference to BRIC countries, consider the following statements :1. At present,China's GDP is more than the combined GDP of all the three other countries.2. China's population is more than the combined population of any two other countries.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 196231. |
Consider the following countries:1. Brazil 2. Mexico 3. South AfricaAccording to UNCTAD,which of the above is/are categorized asEmerging Economies? |
| A. | 1 only |
| B. | 1 and 3 only |
| C. | 2 and 3 only |
| D. | 1,2 and 3 |
| Answer» E. | |
| 196232. |
As regards the use of international food safety standards as reference point for the dispute settlements, which one of the following does WTO collaborate with ? |
| A. | Codex Alimentarius commission |
| B. | International Federation of Standards Users |
| C. | International Organization for Standardization |
| D. | World Standards Cooperation |
| Answer» B. International Federation of Standards Users | |
| 196233. |
Stiglitz commission established by the President of the United Nations General Assembly was in the international news. The commission was supposed to deal with |
| A. | The challenges posed by the impending global climate change and prepare a road map |
| B. | The working of the global financial systems and to explore ways and means to secure a more sustainable global order |
| C. | Global terrorism and prepare a global action plan for the mitigation of terrorism |
| D. | Expansion of the United Nations Security Council in the present global scenario |
| Answer» C. Global terrorism and prepare a global action plan for the mitigation of terrorism | |
| 196234. |
In the context of Indian economy, consider the following pairs: Term Most appropriate description 1. Melt down Fall in stock prices 2. Recession Fall in growth rate 3. Slow down Fall in GDP Which of the pairs given above is/are correctly matched ? |
| A. | 1 only |
| B. | 2 and 3 only |
| C. | 1 and 3 only |
| D. | 1,2 and 3 |
| Answer» B. 2 and 3 only | |
| 196235. |
In the parlance of financial investments, the term ' bear' denotes |
| A. | An investor who feels that the price of a particular security is going to fall |
| B. | An investor who expects the price of particular shares to rise . |
| C. | A shareholder or a bondholder who has an interest in a company, financial or otherwise. |
| D. | Any lender whether by making a loan or buying a bond |
| Answer» B. An investor who expects the price of particular shares to rise . | |
| 196236. |
With reference to the Non-banking Financial Companies (NBFCs) in India,consider the following statements:1. They cannot engage in the acquisition of securities issued by the government.2. They cannot accept demand deposits like savings Account.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» C. Both 1 and 2 | |
| 196237. |
A great deal of Foreign Direct Investment (FDI) to India comes from Mauritius than from many major and mature economies like UK and France. Why ? |
| A. | India has preference for certain countries as regards receiving FDI. |
| B. | India has double taxation avoidance agreement with Mauritius. |
| C. | Most citizens of Mauritius have ethnic identity with India and so they feel secure to invest in India |
| D. | Impending dangers of global climatic change prompt Mauritius to make huge investments in India. |
| Answer» C. Most citizens of Mauritius have ethnic identity with India and so they feel secure to invest in India | |
| 196238. |
Which one of the following statements is an appropriate description of deflation ? |
| A. | It is a sudden fall in the value of a currency against other currencies. |
| B. | It is a persistent recession in both the financial and real sectors of economy |
| C. | It is a persistent fall in the general price level of goods and services. |
| D. | It is a fall in the rate of inflation over a period of time |
| Answer» D. It is a fall in the rate of inflation over a period of time | |
| 196239. |
Which of the following terms indicates a mechanism used by commercial banks for providing credit to the government |
| A. | Cash Credit Ratio |
| B. | Debt Service Obligation |
| C. | Liquidity Adjustment Facility |
| D. | Statutory Liquidity Ratio |
| Answer» E. | |
| 196240. |
Who among the following is the founder of World Economic Forum ? |
| A. | Klaus Schwab |
| B. | John Kenneth Galbraith |
| C. | Robert Zoellick |
| D. | Paul Krugman |
| Answer» B. John Kenneth Galbraith | |
| 196241. |
In the context of independent India's economy, which one of the following was the earliest event to take place ? |
| A. | Nationalization of Insurance companies |
| B. | Nationalization of State Bank of India |
| C. | Enactment of Banking Regulation Act |
| D. | Introduction of First Five-year Plan |
| Answer» D. Introduction of First Five-year Plan | |
| 196242. |
In the context of global economy,which one of the following pairs is not correctly matched ? |
| A. | JP Morgan Chase: Financial Services |
| B. | Roche Holding AG: Financial Services |
| C. | WL Rossu0026Co.: Private Equity Firm |
| D. | Warburg Pincus:Private Equity Firm |
| Answer» C. WL Rossu0026Co.: Private Equity Firm | |
| 196243. |
Consider the following pairs :Automobile Manufacture Headquarters 1. BMW AG : USA2. Daimler AG : Sweden 3. Renault S.A : France 4. Volkawagen AG : Germany Which of the pairs given above is/are correctly matched ? |
| A. | 1,2 and 3 |
| B. | 3 and 4 |
| C. | 4 only |
| D. | 1,2 and 4 |
| Answer» C. 4 only | |
| 196244. |
Consider the following:1. Fringe Benefit Tax 2. Interest Tax 3. Securities Transaction Tax Which of the above is/are Direct Tax /Taxes? |
| A. | 1 only |
| B. | 1 and 3 only |
| C. | 2 and 3 only |
| D. | 1,2 and 3 |
| Answer» E. | |
| 196245. |
Consider the following pairs: Large Bank Country of Origin 1. ABN-Amro Bank USA2. Barclays Bank UK3. Kookmin Bank Japan Which of the above pairs is/are correctly matched ? |
| A. | 1 only |
| B. | 2 only |
| C. | 1 and 2 |
| D. | 2 and 3 |
| Answer» C. 1 and 2 | |
| 196246. |
Consider the following countries:1. Brunei Darussalam 2. East Timor 3. Laos Which of the above is/are member /member of ASEAN ? |
| A. | 1 only |
| B. | 2 and 3 only |
| C. | 1 and 3 only |
| D. | 1,2 and 3 |
| Answer» D. 1,2 and 3 | |
| 196247. |
Other than Venezuela,which one among the following from South America is a member of OPEC |
| A. | Argentina |
| B. | Brazil |
| C. | Ecuador |
| D. | Bolivia |
| Answer» D. Bolivia | |
| 196248. |
Which one of the following brings out the publication called Energy Statistics from time to time ? |
| A. | Central Power Research Institute |
| B. | Planning Commission |
| C. | Power Finance Corporation Ltd. |
| D. | Central Statistical Organization |
| Answer» E. | |
| 196249. |
With which one of the following has the B.K. Chaturvedi Committee dealt ? |
| A. | Review of Centre-State relations |
| B. | Review of Delimitation Act |
| C. | Tax reforms and measures to increase revenues |
| D. | Price reforms in the oil sector |
| Answer» E. | |
| 196250. |
Consider the following statements :1. MMTC Limited is India's largest international trading organization.2. Neelachal Ispat Nigam Limited has been set up by MMTC jointly with the Government of Orissa.Which of the statements given above is/are correct ? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |