Friday, October 19, 2012

GK Quiz

1.The new Passport Seva Kendra’s initiative launched by government to set up 77 such centres has been set up in the collaboration with which IT giant?
(1) TCS   (2) HCL   (3) WIPRO (4) Siemens  (5) None of these
2.When rate of inflation increases-
(1) purchasing power of money increases
(2) purchasing power of money decreases
(3) value of money increases
(4) purchasing power of money remains uneffected
(5) amount of money in circulation decreases

3.With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country-
(1) will (2) Registration (3) Nomination (4) Indemnity
(5) Guarantee 

4.“Romancing with Life” is the autobiography of which among the following bollywood legends?
(1) Shashi Kapoor (2) Shammi Kapoor (3) Dev Anand
(4) Rajesh Khanna   (5) None of these

5.The country rated highest on the Human Development Index as per the UNDP, HDI-2011 report is-
(1) Sweden (2) Norway   (3) Iceland (4) New Zealand
(5) None of these

6.Which among the following neighbors of India is not a member of World Trade Organization?
(1) Sri Lanka  (2) Myanmar   (3) Bhutan   (4) Nepal
(5) Bangladesh

7.In context with Banking in India, what is the difference between liquidity adjustment facility – repo rate and marginal standing facility rate?
(A) Under Repo rate banks can borrow above SLR Requirements, under MSF, Banks can borrow within SLR requirements.
(B) Under Repo, banks can borrow upto 5% of net demand and time liabilities, under MSF, they can borrow up to no limit.
(C) Both are long term lending rates of RBI.
Choose the correct option:
(1) Only (A) is correct (2) Only (B) is correct
(3) Only (C) is correct (4) Only (A) & (B) is correct
(5) All (A), (B) & (C) are correct 

8.Which among the following in India can use “Repo Bonds” to raise short term money markets?
(A) Commercial Banks  (B) Corporate   (C) Government
Choose the correct option:
(1) Only (A) (2) Only (A) & (B)   (3) All (A), (B) & (C
(4) Only (B) (5) Only (C)                                                                                                               

9.It has been generally viewed that when an economy grows beyond its potential growth rate, it causes inflation. How does growing faster than the potential rate cause inflation?
(1) Fast growth causes quick resource utilization to fulfill the higher demand
(2) Fast growth causes more employment opportunities which leads to rise in prices.
(3) Fast growth causes more productivity which leads to higher supply and cost push inflation
(4) All of the above mentioned reasons
(5) None of these

10.As per the model code of conduct for the guidance of political parties and candidates by Election commission of India they can’t hold public meetings during the period of _____ hours ending with the hour fixed for the close of the poll.
(1) 12 (2) 24     (3) 36 (4) 48     (5) None of these



Answer
Qns
Ans
Qns
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1
1
6
3
2
2
7
1
3
3
8
2
4
3
9
1
5
2
10
4

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