Quiz 530: General Awareness Questions

1. Consider the following steps:

  1. Banking Department gets currency from the Issue Department
  2. Government puts the currency in circulation
  3. Central Government Incurs a deficit in its Budget
  4. Government Sells Treasury Bills to Banking Department of RBI

Which among the following is the correct order of the above steps?

[A] 1 2 3 4
[B] 2 3 4 1
[C] 3 4 1 2
[D] 4 3 2 1

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2. At which of the following places, Government Medals are minted?

[A] Kolkata and NOIDA
[B] Devas and Hoshangabad
[C] Nasik and Hyderabad
[D] Mysore and Salboni

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3. Consider the following statements:

  1. Not all banks come under the regulation of Right to Information Act
  2.  Not all banks come under the Schedule 2 of RBI

Which among the above statements is / are correct?

[A] Only 1 is correct
[B] Only 2 is correct
[C] Both 1 and 2 are correct
[D] Neither 1 nor 2 is correct

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4. Consider the following statements regarding Open Market Operations in India:

  1. The market for Government securities is well developed in India
  2. RBI has desired capability to buy and sell Government securities.
  3. Open Market Operations alone can effectively carry out the Monetary Control in India

Which among the above statements is / are correct?

[A] Only 2 & 3 are correct
[B] Only 1 and 2 are correct
[C] Only 2 is correct
[D] All are correct

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5. After the revolt of 1857, via the Government of India Act 1858, the Crown had assumed the direct responsibility for the Government of India. By this act, all legislative, administrative and Financial Powers came to be concentrated in which among the following?

[A] Viceroy and Governor General
[B] Viceroy’s and his council
[C] Secretary of State for India and his council
[D] Viceroy’s Council

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6. Aichi Target is the outcome of which among the following protocols / summits ?

[A] Kyoto Protocol
[B] Nagoya Protocol
[C] Copenhagen Climate Summit
[D] Bali Communiqué

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7. Which among the following is a correct full form of COMESA?

[A] Common Market For Eastern and Southern America
[B] Common Market For Eastern and Southern Africa
[C] Common Market For Eastern and Southern Asia
[D] None of them

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8. Who among the following heads the Trade and Economic Relations Committee (TERC) in India?

[A] Prime Minister
[B] Minister of Commerce
[C] Finance Minister
[D] Finance Secretary

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9. On which of the following dates World Press Freedom Day is observed in May ?

[A] May 1
[B] May 3
[C] May 6
[D] May 10

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10. Which among the following is the first European Country with which, India has signed a ” Labour Mobility Partnership” MOU ?

[A] Netherlands
[B] Denmark
[C] Denmark
[D] Germany

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