Quiz 537: GK Questions for All Exams June 8, 2011 1. Consider the following: Magnetic Strip Card Chip Card Which among the above work on the basis of EMV Technology?Only 1Only 2Both 1 & 2Neither 1 nor 22. What is the impact on the “Social overhead capital requirements” of an economy, if the population increases?Social overhead capital requirements fallSocial overhead capital requirements remain unchangedSocial overhead capital requirements increaseSocial overhead capital requirements fall drastically3. Consider the following: Discount Rate Government Spending Reserve Requirements Open Market Operations Which among the above are considered to be major instruments of monetary policy for regulating the economy ?1, 2, 3 & 41, 2, 3 1,3, 41,2, 44. Consider the following: Road and Railways Schools Sanitary Facilities Hospitals Which among the above are considered to be the Economic Overheads?Only 11 & 21, 2 & 31, 2 , 3 & 45. Many a times, we read in the newspapers about a term “contra funds”. Which among the following is a correct statement about the contra funds?Contra funds are likely to perform well in the long run, but not in the short termContra funds are likely to perform well in the short run, but not in the long termContra funds are come with a guaranteed return and issued as a contractContra funds are those funds in which ONLY corporate investors are allowed to invest6. Which among the following regulates the opening of bank accounts overseas by Indian residents and for outward or inward remission of funds through authorized channels?Ministry of External AffairsMinistry of FinanceMinistry of Overseas IndiansRBI7. The General Anti Avoidance and Thin Capitalization Rules to combat illicit transfer of money and assets abroad through complex financial arrangements and instruments, have been incorporated as a part of which among the following?Foreign Exchange Management Act, 1999 (FEMA)Prevention of Money Laundering Act, 2002 (PMLA)Direct Taxes Code BillIncome tax Act 19618. Central Institute of Indian Languages is located at?BangaloreMysoreBhopalLucknow9. National Rural Livelihood Mission aims to ensure that at least one member from each identified rural poor household, preferably a woman, is brought under the which among the following networks / schemes / facilities in a time bound manner?MGNREGASelf Help GroupsFinancial InclusionFood Security10. Consider the following: National Initiative on Climate Resilient Agriculture National Mission of Sustainable Agriculture Which among the above come under the Prime Minister’s National Plan on Climate Change?Only 1Only 2Both 1 & 2Neither 1 nor 2Submit Test « Previous Next »