General Knowledge Question Answer: GK Questions and Answers

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

Q. How many Finance Commissions have been set up upto the end of March 2021?
1) 13
2) 14
3) 15
4) 16

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Q. Finance Commission of India is set up by the President of India under the provisions of ....... of Indian Constitution.
1) Article 277
2) Article 278
3) Article 279
4) Article 280

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Q. Fifteenth Finance Commission recommended the vertical devolution of divisible pool of Centre's tax revenue at -
1) 39%
2) 40%
3) 41%
4) 42%

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Q. Fifteenth Finance Commission's Final Report contains recommendations for which period?
1) 2020-25
2) 2021-26
3) 2020-26
4) 2022-27

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Q. Wholesale Price Index based inflation rate in India in the month of January 2021 is estimated at -
1) 1.71%
2) 2.03%
3) 2.51%
4) 3.01%

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Q. Target for Ground level credit (GLC) to agriculture for the financial year 2021-22 has been fixed at -
1) Rs. 15.0 lakh crore
2) Rs. 15.5 lakh crore
3) Rs. 16.0 lakh crore
4) Rs. 16.5 lakh crore

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Q. The base year for National Coal Index is -
1) 2017-18
2) 2018-19
3) 2019-20
4) 2020-21

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Q. Five Star Village project has been launched by the -
1) Department of Post
2) Ministry of Rural Development
3) Ministry of Agriculture and Farmers' welfare
4) Ministry of Panchayati Raj

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Q. Which of the following pairs is not matched correctly in relation to introduction of BASEL norms introduced by Bank of International Settlement, Basel (Switzerland)?
1) Basel I - 1988
2) Basel II - 2004
3) Basel III - 2010
4) Basel IV - 2021

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Q. Which of the following does not deal in Cryptocurrencies?
1) ZebPay
2) BuyUCoin
3) Vauld
4) RuPay

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Commonwealth of Independent States (CIS)

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What is Bitcoin?

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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 →