General Knowledge Question Answer: GK Questions and Answers

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

Q. Which of the following are the objects of International Monetary Fund?
1. Creation of International Monetary Cooperation.
2. Promotion of balanced growth of International Trade.
3. Multilateral payments.
4. All of the above.
Select the correct answer from the code given below--

1) 1 only
2) 1 and 2
3) 2 and 3
4) only 4

View Answer

Q. What is the effect of deficit financing on economy?
1) Inflation
2) Deflation
3) Depression
4) Recession

View Answer

Q. Disguised unemployment is a feature of -
1) Industry
2) Trade
3) Agriculture
4) Transport

View Answer

Q. As compared to 2012-13, defence spending has been increased by what percentage in the Union Budget for 2013-14?
1) 12.1%
2) 13.1%
3) 14.1%
4) 15.1%

View Answer

Q. Which one of the following is not one of the documents that are presented to Parliament as a part of Budget?
1) Revenue Bill
2) Appropriation Bill
3) Demands for grants
4) None of the above

View Answer

Q. In India who regulates the money supply?
1. Reserve Bank of India
2. State Bank of India
3. NABARD
4. Commercial Banks
Select the correct answer from the code given below -

1) 1 only
2) 1 and 2
3) 2 and 3
4) 1, 2, 3 and 4

View Answer

Q. Who decides whether a bill is 'money bill' or not?
1) The President
2) The Speaker of Lok Sabha
3) The Finance Secreatary
4) The Finance Minister

View Answer

Q. The Lok Sabha Secretariat comes under direct supervision of -
1) Ministry of Home Affairs
2) Ministry of Parliamentary
3) Prime Minister's Office
4) Speaker of the Lok Sabha

View Answer

Q. The Committee on Parliament which has the largest membership is -
1) the Commitee on Privileges
2) the Pubic Accout Committee
3) the Estimate Committee
4) the Committee on Public Undertakings

View Answer

Q. Which set of rules is applicable for exchange of files over Internet?
1) FTP/IP
2) HTTP
3) HTML
4) HYPERLINK

View Answer

Career Scope in Interior Design

Interior design is a fun and creative field. It mixes art and practicality to make spaces look good and work well. With more people wanting great places to live and work, the need for skilled interior designers is rising. Let’s look at what it takes to have a career in interior design, including nee →

Commonwealth of Independent States (CIS)

Foundation Date: December 8, 1991 Headquarters: The Republic of Belarus Executive Secretaries: Sergei Lebedev Member Countries: 12 Commonwealth of Independent States (CIS) was established on December 8, 1991, and the leaders of the Republic of Belarus, the Russian Federation, and Ukraine signed an a →

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 →