1. In India, the dollar-rupee exchange rate depends upon:
- Government Control
- Demand-supply balance
- RBI’s Monetary policy
Choose the correct options:
[A] Only 2
[B] 1 & 2
[C] 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: A [Only 2]
2. Each Year Ramzan occurs about ______from the Previous year?
[A] 11 Days earlier
[B] 11 Days later
[C] 17 Days earlier
[D] 17 Days later
Show Answer
Correct Answer: A [11 Days earlier]
3. Now a days Environmental Accounting is making news. What is Environment Accounting?
[A] It is a method to measure the consumption of the environment/ natural resources
[B] Its a method to statistically analyze the green areas of the country
[C] Its a method of accounting in which all units are expressed in terms of loss / gain of Carbon Dioxide
[D] Its a method of accounting in which all measurement is expressed in Carbon Credits
Show Answer
Correct Answer: A [It is a method to measure the consumption of the environment/ natural resources]
4. The common international poverty line is based on an income of around___?
[A] $1.00 per day at the 2004 purchasing power parity
[B] $1.25 per day at the 2005 purchasing power parity
[C] $1.25 per day at the 2007 purchasing power parity
[D] $1.25 per day at the 2008 purchasing power parity
Show Answer
Correct Answer: B [$1.25 per day at the 2005 purchasing power parity]
5. If Economy of a country picks up very fast then consider the following consequences:
- Demand picks up
- Inflation comes down
- Prices become stable
Select the correct option from the codes given below:
[A] Only 1
[B] 1 & 2
[C] 1, 2 & 3
[D] 2 & 3
Show Answer
Correct Answer: A [Only 1]
Notes:
The overall demand in the economy picks up due to fast growth and more resources are used to meet higher demand. After a point, the economy may not find enough inputs to meet the demand, leading to an increase in prices. If there is surplus capacity in the economy then it can grow above the potential rate for a while. But for an economy already working at full capacity, excessive demand results in increase in the price level
6. Which among the following is NOT an Alternative Investment Fund?
[A] Private Investment in Public Equity Funds
[B] Infrastructure Equity Fund
[C] Venture Capital Fund
[D] Mutual Fund
Show Answer
Correct Answer: D [Mutual Fund]
7. In economy, which among the following can be measured by calculating concentration ratios?
[A] Devlopment
[B] Inflation
[C] Competition
[D] Social Security
Show Answer
Correct Answer: C [Competition]
Notes:
Competition is generally measured by calculating concentration ratios. Concentration ratios indicate whether an industry consists of a few large firms or many small firms. Two of the most commonly used metrics are the Herfindahl Hirschman Index (HHI) and the N-firm concentration ratio.
8. A Public Debt Office works as investment banker to the _____?
[A] Public
[B] Commercial Banks
[C] RBI
[D] Government
Show Answer
Correct Answer: D [Government]
9. All countries from the Cotton-4 group belong to ____?
[A] Asia
[B] Europe
[C] Australia
[D] Africa
Show Answer
Correct Answer: D [Africa]
10. Who among the following famous author was an Investment Banker prior to turning become to columnist, and speaker?
[A] Arvind Adiga
[B] Chetan Bhagat
[C] Jhumpa Lahiri
[D] Kiran Desai
Show Answer
Correct Answer: B [Chetan Bhagat]
Comments
PS
Q 1: In India, the exchange rate is not fully market-dependent. RBI intervenes as and when it deems necessary. Therefore, “Only 2” can’t be the answer.
GKToday
Accepted RBI ‘s role to some extent. But, what about the Monetary Policy, which has been specifically mentioned in the option.
kanika
site is great/////////////
aman dhaliwal
thnx a ton for posting such a valuable matter ,, plz provide more nd more GK for CWE AS only 1 mnth left,, it will b vry helpful ,, :)
Hema
Very useful information. Thanks for everything. Of course my search ended here.
hemant
thank you
raj
NICE COLLECTION OF QUESTION FOR IBPS EXAM.
PROVIDE MORE SUCH TYPE OF QUESTION.
ritu
thanks sir ……….this site really very good…i like it..plz provide more questions
priti
thanks sir
Mayur Mahajan
It is useful to build our knowledge and effcianc.
kavita
UR SITE IS FABULOUS. FINALLY I GOT A SITE WHERE I WILL GET ALL THE INFORMATION OF THE WORLD.
Hitesh
very good gk
Tikania S.K.
Wow!! This site is too good. I was looking for these question here and there. But I must say this is the right choice for us.. Thank you very much!!!
reshu
the stuff here is really nice n helpful…thanx for providing us with valuable knowledge.
koyeli
cool site ya! plz post some more GK stuff here! n frm d above commnts it seems dt d competition 4 IBPS gona b tuf!! :)
MUNIRAJU
ya very useful website because of i prepared in ibps exam this web site i think it is very useful as my point of view then one more sugesstion sen any financial terminology about quizz thank you u r given a valuable information i tik it is very useful to every student.
deepak
this give me a lot of information…. thank u GK TODAY…
bhakti thakur
thanks for giving a current gk thanks lot looking forward for something new thanks
suvarna avhad
this site doing my study easy thanks gk today
Rahul sharma
thanks for gk
Ravi Chaturvedi
Thank You so much Sir. Now my search is over. For any challenge (Competition) i’m ready with my weapons…
thanx so much…
Nukman Hakkim
RBI Monetory control
jcmnkl
This site very helpful to GK