General Knowledge Question Answer: GK Questions and Answers

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

Q. According to the 14th Finance Commission, the percentage share of State in the net proceeds of the shareable central tax revenue should be -
1) 32 percent
2) 35 percent
3) 40 percent
4) 42 percent

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Q. Which sector in India attracts the highest FDI equity flow?
1) Construction Sector
2) Energy Sector
3) Automobile Sector
4) Service Sector

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Q. The size of marginal landholding in India is -
1) more than 5 hectares
2) 2 hectares to 4 hectares
3) 1 hectare to 2 hectares
4) less than 1 hectare

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Q. Globalization does not include -
1) reduction in import duties
2) abolition of import licensing
3) free flow of FDI
4) disinvestment of Public Sector Equity

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Q. The Prevention of Money Laundering Act came into force in India during -
1) 1998
2) 1999
3) 2001
4) 2005

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Q. TRIMS stands for -
1) Trade-Related Income Measures
2) Trade-Related Incentives Measures
3) Trade-Related Investment Measures
4) Trade-Related Innovative Measures

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Q. NITI Aayog came into existence on -
1) 1st January, 2014
2) 1st June, 2014
3) 1st January, 2015
4) 1st June, 2015

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Q. 'Gullak Bachcha Bank' is a bank based in -
1) Delhi
2) Patna
3) Bhopal
4) Jaipur

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Q. The base year for All-India Wholesale Price Index (WPI) has been changed by the Government of India from 2004-05 to -
1) 2010-11
2) 2011-12
3) 2012-13
4) 2013-14

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Q. According to Indian Population Census, 2011, the percentage of literacy among males and females both is lowest for the State of -
1) Arunachal Pradesh
2) Andhra Pradesh
3) Bihar
4) Jammu-Kashmir

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