General Knowledge Question Answer: GK Questions and Answers

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

Q. 'C' in CPU denotes__________
1) Central
2) Common
3) Convenient
4) Computer

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Q. Which of the following organisations is made specifically responsible for empowering Micro, Small and Medium enterprises in India?
1) NABARD
2) RBI
3) SIDBI
4) ECGC

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Q. Government usually classifies its expenditure in terms of planned and nonplanned expenditure. Identify, which is the correct definition of planned expenditure?
1) It represents the expenditure of all the State Governments
2) It represents the total expenditure of the Central Government
3) It is the expenditure which is spent through centrally sponsored programmes and flagship schemes of Government
4) It represents the expenditure incurred on Defence

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Q. A non-performing asset is ___________
1) Money at cell and short notice
2) An asset that ceases to generate income
3) Cash balance in till
4) Cash balance with RBI

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Q. In banking business, when the borrowers avail a Term Loan, Initially they are given a repayment holiday and this is referred to as___________
1) Subsidy
2) Interest Waiver
3) Re-phasing
4) Moratorium

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Q. The Customers by opening and investing in the Tax Saver Deposit Account Scheme in a Bank would get benefit under__________
1) Sales Tax
2) Customs Duty
3) Professional Tax
4) Income Tax

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Q. Interest below which a bank is not expected to lend to customers is known as___________
1) Deposit Rate
2) Base Rate
3) Prime Lending Rate
4) Bank Rate

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Q. Interest on Savings deposit nowadays is__________
1) Fixed by RBI
2) Fixed by the respective Banks
3) Fixed by the Depositors
4) Fixed as per the contract between Bank and the Consumer Court

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Q. The holidays for the Banks are declared as per__________
1) Reserve Bank Act
2) Banking Regulation Act
3) Negotiable Instruments Act
4) Securities and Exchange Board of India Act

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Q. BSE (Bombay Stock Exchanges), the oldest stock exchange in Asia, has joined hands with one more International index in February 2013. This association has resulted in change of name of BSE index. What is the change of name effected?
1) Dow Jones BSE Index
2) NASDAQ BSE Index
3) S & P BSE Index
4) Euronext BSE Index

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Career Scope in Interior Design

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Commonwealth of Independent States (CIS)

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What is Bitcoin?

In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of va →

Food Safety and Standards Authority of India (FSSAI)

Headquarter: New Delhi Function and Objective of the Organization: The Food Safety and Standards Authority of India (FSSAI)has been established under Food Safety and Standards Act, 2006 which consolidates various acts & orders that have hitherto handled food-related issues in various Ministries →