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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651. Micro credit or micro finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through-

  • Self Help Groups
  • Anganwadees
  • Cooperative Credit Societies
  • RBI
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652. TRAI regulates the functioning of which of the following ser-vices ?

  • Port
  • Trade
  • Telecom
  • Transport
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653. Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which of the following Acts ?

  • Fiscal Responsibility and Budget Management Act
  • Banking Regulation Act
  • Financial action Task Force Act
  • Foreign Exchange Management Act
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654. Mutual funds are regulated by-

  • Association of Mutual Funds of India (AMFI)
  • Securities and Exchange Board of India (SEBI)
  • Reserve Bank of India
  • IRDA
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655. Bancassurance is-

  • an insurance scheme to insure bank deposits
  • an insurance scheme exclusively for the employees of banks
  • a composite financial service offering both bank and insurance products
  • a bank deposit scheme exclusively for employees of insurance companies
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656. Sarva Shiksha Abhiyan is aimed at the education of which of the following ?

  • Education of children between 6–14 years
  • Education of girls up to graduation level
  • College education
  • Adult education
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657. Jnanpith Award is given for excellence in the field of-

  • Social service
  • Sports
  • Classical dance
  • Music
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658.  Which of the following bills presented in the Parliament will bring some changes in existing tax regime ?

  • Direct Taxes Code (DTC) Bill
  • Foreign Exchange Management Regulatory Bill
  • Companies Act Bill
  • Salaries and Perks for MPs Bill
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659. The full form of PIN in a ATM card is-

  • Permanent Information Number
  • Personal Identification Number
  • Professional Identification Number
  • Permanent Identification Number
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660. Which of the following is not the function of RBI ?

  • Maintaining Forex
  • Decides Bank rate, CRR and SLR from time to time
  • Opening Savings Accounts for general public
  • Prescribes the Capital Adequacy Ratio
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