General Awareness Quiz

1. The World Day for International Justice, also referred to as Day of International Criminal Justice or International Justice Day is celebrated throughout the world on

1) 11 Jul 

2) 17 Jul 

3) 18 Jul 

4) 28 Jul 

5) 30 Jul

2. The RBI has said that banks will now report past dues and levy any late payment charges on credit card holders only if the payment has been due for more than

1) two days 

2) three days

3) five days 

4) ten days 

5) 15 days

3. The countdown to the first-ever niche banking license award process has began as the external advisory committee headed by ________ has given its report to the RBI.

1) Nachiket Mor 2

2) R Gandhi 

3) Urjit Patel 

4) Bimal Jalan 

5) Usha Thorat

4. In a third bailout for debt-stricken Greece, the European Union has agreed to lend ________ to the country.

1) 3 billion euro 

2) 5 billion euro 

3) 7 billion euro 

4) 9 billion euro 

5) 11 billion euro

5. Jules Bianchi, who died recently from head injuries sustained in Japan in a 2014 competition, was a

1) boxer 

2) sprinter 

3) pole vault player 

4) F1 driver 

5) cyclist

6. Within the banking sector, foreign investment up to ________ in private sector banks and ________ in the case of public sector banks is allowed.

1) 49 per cent, 26 per cent

2) 51 per cent, 24 per cent 

3) 74 per cent, 20 per cent

4) 76 per cent, 20 per cent 

5) None of these

7. The Centre has done away with sub-limits for foreign investments in Indian companies. Which of the following will NOT be considered a foreign investment in an Indian firm?

1) Foreign Portfolio Investors (FPIs)         

2) Non-Resident Indians (NRIs)

3) Qualified Foreign Investors (QFIs)      

4) Depository Receipts (DRs) 

5) None of these

8. The Heritage City Development and Augmentation Yojana (HRIDAY), which seeks to preserve and rejuvenate the rich cultural heritage of the country in the selected 12 cities, does not cover

1) Amaravati 

2) Vellankini 

3) Kanchipuram 

4) Madurai 

5) Ajmer

9. U Wunna Maung Lwin is the present Foreign Minister of which of the following countries? He was in New Delhi to hold the first meeting of the Joint Consultative Commission of the two nations.

1) Singapore 

2) Thailand 

3) Malaysia 

4) Myanmar

5) Cambodia

10. The South Korean steel giant Posco, recently, put on hold its $12-bn steel project in which of the following states due to delays in various regulatory approvals?

1) Karnataka 

2) Maharashtra 

3) Madhya Pradesh 

4) Odisha 

5) Tamil Nadu

11. Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country?

1) Bank Rate (BR)   

2) Special Drawing Rights (SDR) 

3) Statutory Liquidity Ratio (SLR)

4) Cash Reserve Ratio (CRR)      

5) None of these

  

12. Which of the following tool is used frequently by the RBI to control credit and monetary situations of the markets in the country?

1) Cash Reserve Ratio

2) Real Time Gross Settlement (RTGS) 

3) Balance of Trade

4) Forward Trade Agreements

5) Electronic Clearing Service                

13. Which among the following organization has got the principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs (WLAs)?

1) Muthoot Finance

2) Union Bank of India

3) LIC (Life Corporation of India)

4) NICL (National Insurance Company Limited)

5) None of these                                                  

14. Present minimum & maximum limit for RTGS transactions is ____.

1) Rs.50000, Rs 200000 

2) Rs. 1 lac, No Limit

3) Rs. 2 lac, Rs 5 lac      

4) Rs.5 lac, Rs 10 lac

5) Rs. 2 lac, No Limit    

               

15. The maximum amount of the total revenue earned by the government of India comes from-

1) Income Tax 

2) Customs Duty

3) Excise Duty  

4) VAT                                  

5) Corporate Tax

Answers..

1. 2
2. 2
3. 1
4. 3
5. 4
6. 3
7. 5
8. 4
9. 4
10. 4
11. 2
12. 1
13. 1
14. 5

15. 5