General Awareness MCQ Questions and Answers

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General Awareness - General Awareness MCQ Questions with Answers help learners stay updated with important facts and current events. General Awareness MCQ is essential for SSC, IBPS, and banking exams to improve knowledge and analytical skills.

General Awareness MCQ

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601.  Which of the following statements is/are correct about the economy of China ? (It was recently in news). 1. China is the world’s fastest growing economy with average growth rate of 10% for the last 30 years. 2. China is the world’s second largest economy by purchasing power parity. 3. China’s economy was valued a little higher than that of Japan’s.

  • Only 1
  • Only 2
  • All 1, 2 and 3
  • Only 2 and 3
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602. As per the news published a few days back Reliance Power got a huge loan from the US Export-Import Bank for building a coal fired based power plant in India. The plant will be developed in-

  • Sasan (MP)
  • Angul (Odisha)
  • Banswara (Rajasthan)
  • Barauni (Bihar)
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603. As per the reports published in various newspapers, the Reserve Bank of India has directed all core investment companies in India to register themselves with it if their asset size is 100 crore or more. Which of the following is True about the Core Investment Companies (CICs) ? 1. CICs are non-banking finance companies. 2. CICs invest in shares for the purpose of taking stake in a company rather than for trading. 3. CICs are required to register with RBI as most of them were found involved in business in foreign countries and not in India.

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604. As per newspaper reports, the RBI recently divested its stake in NABARD. Now RBI’s stake in it is only-

  • 10%
  • 5%
  • 3%
  • 1%
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605. The Union Commerce and Industry Minister, while talking to press expressed his desire that India and USA both should work together for a Comprehensive Economic Partnership Agreement (CEPA). How will this help India ? 1. It is the agreement which allows liberalization of trade in goods by cutting/eliminating tariffs on most or all goods from both the sides. 2. It will help in easing of the flow of investment and special treatment to each other. 3. It will help USA to outsource more jobs to Indian companies and also to employ more Indians without any restriction.

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606. Immediately prior to Prithviraj Chavan who amongst the following was the Chief Minister of Maharashtra ?

  • Vilasrao Deshmukh
  • Ashok Chavan
  • Ajit Pawar
  • R.R. Patil
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607. The RBI has been asked to study and give a report on the loan waiver scheme announced by the United Progressive Alliance Govt. for farmers in 2008. How much amount was given by the Govt. for the scheme ? About-

  • 10,000 crore
  • 20,000 crore
  • 50,000 crore
  • 71,680 crore
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608. Which of the following organizations/agencies has sought an emergency fund of 1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers ?

  • Regional Rural and Cooperative Banks
  • RBI
  • Micro Finance Institutions
  • NABARD
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609. The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same ? 1. The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance Commission. 2. As per the estimates, the target debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission. 3. The paper has recommended that the Govt. should try to generate resources in such a way that it does not have to depend much on debt.’ The total debt should not be more than 1/3rd of the total requirements.

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610. As a measure to check inflation, the RBI on November 2, 2010 increased its short term indicative rates Repo and Reverse Repo by-

  • 25 basis points
  • 50 basis points
  • 75 basis points
  • 100 basis points
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