General Knowledge Question Answer: GK Questions and Answers

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

Q. The big decline in the exchange rate of the Indian Rupee against the US Dollar is helping -
1) Indian investors who have invested abroad
2) Indian exporters
3) Indian lenders to residents of foreign countries
4) All of the above

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Q. The central bank of a developing country like India allows the domestic currency to devaluate
I. Boost exports
II. Shrink trade deficits
III. Reduce Sovereign debt burdens
The correct code is -

1) Only I
2) Only I and II
3) Only II
4) All I, II and III

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Q. Which of the following results in an expansionary fiscal policy?
I. Reduction in tax rates.
II. Increase in transfer payments.
III. Higher public expenditure on projects such as infrastructure development.
The correct code is -

1) Only I
2) Only I and III
3) Only II and III
4) All I, II, and III

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Q. Which of the following is/are instruments of Open Market Operations of the RBI?
I. Government Securities.
II. Treasury Bills.
III. Foreign Currencies.
IV. Shares of listed public sector undertakings.
The correct code is -

1) Only I and II
2) Only I, II, and III
3) Only III
4) All I, II, III and IV

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Q. Just Energy Transition Partner-ship (JETP) is an initiative of -
1) The rich nations of G-7
2) The rich nations of the G-20
3) BRICS countries
4) ASEAN + countries

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Q. Who among the following has/have been awarded the 2022 Nobel Prize in economic sciences?
I. Ben S Bernanke, the former chair of the U.S. Federal Reserve.
II. Douglas W Diamond, US-based economist.
III. Philip H Dybvig, US-based economist.
The correct code is -

1) Only I
2) Only II and III
3) Only III
4) All I, II, and III

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Q. Among the BIMARU state, the highest per capita net state domestic product in FY 2019-20 was in -
1) Rajasthan
2) Madhya Pradesh
3) Uttar Pradesh
4) Bihar

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Q. Which of the following State has the highest per capita net state domestic product in the FY 2019 - 20?
1) Goa
2) Delhi
3) Haryana
4) Telangana

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Q. The terms Amber Box, Blue Box, and Green Box are often in news. These are related to .................. under 'agriculture' of WTO.
1) Domestic support in agriculture
2) Use of chemical fertilizers
3) Use of pesticides for plant protection
4) Marketing reforms

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Q. Larges Sugar producing Country in the world is -
1) Brazil
2) India
3) China
4) The US

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