Quiz 614: Current Data on Indian Economy for Bank PO Examinations

1. Maximum share in India’s total external debt is of which among the following currency?

[A] US Dollar
[B] Indian Rupee
[C] Euro
[D] Japanese Yen

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2. National Small Savings Fund is a part of which among the following?

[A] Consolidated Fund of India
[B] Public Account of India
[C] Contingency Fund of India
[D] Prime Minister’s Relief Fund

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3. The minimum interest rate of a bank below which it is not viable to lend, is known as ____:

[A] Reserved Rate
[B] Base Rate
[C] Marginal Rate
[D] Prime Lending Rate

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4. Which among the following programmes is NOT being implemented in India with assistance of World Bank?

[A] National Vector Borne Disease Control and Polio Eradication
[B] National Rural Livelihoods Project
[C] PMGSY Rural Roads Project
[D] Delhi Mumbai Industrial Corridor Project

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5. If you go to the market and purchase an Air conditioner for your factory, then in economic terminology, you are most probably doing which among the following?

[A] Consumption
[B] Production
[C] Asset Creation
[D] Investment

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6. Reserve Tranche Position (RTP) is a term used in context with ____?

[A] Reserve Bank of India
[B] Federal Reserve Bank (of America)
[C] World Bank
[D] International Monetary Fund

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7. Maximum share in total external debt of India is of ___

[A] Long-term borrowings
[B] Short Term Borrowings
[C] Medium Term Borrowings
[D] Ultra-Long term borrowings

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8. What is the upper limit of Richter scale?

[A] 8
[B] 9
[C] 10
[D] No limit

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9.  Tibetan Plateau can be best placed in which among the following categories of Plateus?

[A] Intermontane Plateu
[B] Continental Plateau
[C] Volcanic Plateau
[D] Dissected Plateu

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10. Cape Agulhas makes the dividing point between which of the two oceans?

[A] Indian Ocean and Pacific Ocean
[B] Pacific Ocean and Atlantic Ocean
[C] Atlantic Ocean and Indian Ocean
[D] Arctic Ocean and Atlantic Ocean

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  • fatiman88

    shouldn’t the answer to question 12 be ‘consumption’ rather than ‘asset creation’?

  • sandeep

    very useful gk thnks gktoday,,,,,,,,,,and yours section wise gk ,,fantastic ..priceless sir thnkyou again

  • Sunil

    Indian Economic Service is not a All India Service I think

  • sudha

    thanks a lot for adding new important topics.tnx..

  • Sunil

    Only IAS,IPS and IFS(forest) are the All India services rest are Group A services.

  • deepak

    Ans of Q12 must be Consumption. It can be categorised as consumer durable ,TV is another example. This is because purchased AC for home use don’t generate any revenue neither it used in further economic activities.
    Please clarify.

  • Sunil

    Dear GKTODAY Team,

    I would like to convey my earnest appreciation for your outstanding work. Your good work is helping many students in their preparation. Special appreciation to the team setting the questions.

    We acknowledge your tireless efforts and encourage you to keep up the good work and continue to deliver outstanding results.

  • Rajiv Sinha

    Very good and useful questions. I use in my magazine for coaching Bank PO students. I copy by using Abby Screenshot Reader software. Very useful if you can give in word file.

  • [email protected]

    7. The estimated growth in GDP for the trade, hotels, transport and communication
    sectors during 2011-12 is placed at 11.2 per cent as against growth of 11.1 percent in the
    previous year.

  • manju previn

    thank u GKTODAY

  • bala

    thank u so much for update gk


    SIR, …….. pls refer some gk for court ( supreme court,post- jca ) exams or pls provide quiz for that

  • Abhishek

    thank u sir for update gk please refer in hindi also thanks again