General Knowledge Question Answer: GK Questions and Answers

General Knowledge Questions, Quiz for Competitive Exams, Important MCQs for GK

Q. The process of Globalisation refers to -
1) Creation of global trading blocks
2) Dismantling barriers in International trade
3) Introduction of single currency in the world
4) None of the above

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Q. Which of the following statements is incorrect about Uday Kotak Committee ?
1) It was instituted by SEBI
2) It relates to Corporate Governance
3) It recommends that atleast half of the company's board must comprise independent directors
4) It recommends that the post of chairman and managing director must remain the same

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Q. The non-plan grants to the states by the Central Government are made on the recommendations of -
1) Finance Commission
2) Reserve Bank of India
3) Ministry of Finance
4) State Bank of India

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Q. Core inflation is defined as -
1) Headline inflation excluding only fuel inflation
2) Food inflation and fuel inflation
3) Headline inflation excluding only food inflation
4) Headline inflation excluding both food inflation and fuel inflation

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Q. In which of the following countries zero based budgeting was first adopted ?
1) USA
2) France
3) India
4) Germany

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Q. Who was the chairman of the committee on revising and revitalizing the PPP model of Infrastructure development ?
1) Rakesh Mohan
2) V. Kelkar
3) Arjun Sengupta
4) Bibek Deb Roy

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Q. Open market operations are included in -
1) Qualitative techniques of credit control
2) Quantitative techniques of credit control
3) Fiscal policy control
4) Labour policy control

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Q. Which among the following is the most important item of revenue expenditure of the union government ?
1) Major subsidies
2) Pensions
3) Salaries and Allowances
4) Interest Payments

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Q. The Apex institution in the field of Industrial finance in India is -
1) Reserve Bank of India
2) Industrial Finance Corporation of India
3) Industrial Development Bank of India
4) State Bank of India

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Q. According, to census report of 2011, India's population between 2001-2011 increased by -
1) 21.5 per cent
2) 19.3 per cent
3) 17.7 per cent
4) 16.9 per cent

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