Some Important GA questions

Q1.Jnanpith Award is an Indian award presented annually for the outstanding contribution in the field of....
a) Sports
b) Medical
c) Literature
d) Health
e) Entertainment
(The Jnanpith Award is an Indian literary award presented annually by the Bharatiya Jnanpith and is given to an author for the "outstanding contribution towards literature".)

Q2.The Reserve Bank of India has announced the auction of Treasury Bills to meet short term borrowing needs by the Central Government.Treasury Bills are issued for-

a) 92 days,182 days,364 days
b) 91 days,182 days,364 days
c) 91 days,184 days,364 days
d) 92 days,184 days,364 days
e) 95 days,182 days,365 days
(Treasury Bills are basically instruments for short term (maturities less than one year) borrowing by the Central Government.At present, the active T-Bills are 91-days T-Bills, 182-day T-Bills and 364-days T-Bills.Auctions of T-Bills are conducted by RBI.)

Q3.The RBI uses various monetary policy tools to control inflationary pressure in the economy. Which among the following is not used as monetary tool by RBI.............?
a) Bank Rate
b) CRR
c) SLR
d) SDR
e) Repo rate
(The Reserve Bank of India (RBI) uses the monetary policy to manage liquidity or money supply in a manner that balances inflation and at the same time aids growth. Bank rate, CRR, SLR and Repo Rates are Monetary Policy Tools while SDR is not.
SDRs i.e. Special Drawing Right augment international liquidity by supplementing the standard reserve currencies. An SDR is essentially an artificial currency used by the IMF and is basket of national currencies. The IMF uses SDRs for internal accounting purposes. SDRs are allocated by the IMF to its member countries and are backed by the full faith and credit of the member countries' governments.)

Q4.For which field among the following the Nobel Prize is not given...............?
a) Peace
b) Physiology
c) Entertainment
d) Literature
e) Economics
(The Nobel Prize is a set of annual international awards bestowed on "those who conferred the greatest benefit on mankind" in the fields of Physics, Chemistry, Physiology or Medicine, Literature, Peace and Economics.)

Q5. Austria is a German-speaking country in Central Europe, characterized by its mountain villages, baroque city architecture, Imperial history and rugged alpine terrain. Where is the capital of Austria?
a) Vienna
b) Canberra
c) Hanoi
d) Paris
e) None of the above
(Austria is a German-speaking country in Central Europe, characterized by its mountain villages, baroque city architecture, Imperial history and rugged alpine terrain. Vienna, its Danube River capital, is home to the Schonbrunn and Hofburg palaces.Its currency is Euro and Official languages are German, Hungarian, Slovenian, Austrian German.)

Q6. Janeshwar Mishra Park is an urban park located at?
a) Gujarat
b) Bihar
c) Uttar Pradesh
d) Jharkhand
e) Odisha
(Janeshwar Mishra Park is an urban park operating in Gomti Nagar in Lucknow, India. It was made in memory of late politician Janeshwar Mishra from Samajwadi Party.)

Q7.The cabinet in its meeting on 15th June approved the merger of 5 banks. Which among the following is not included –
a) State Banks of Bikaner & Jaipur
b) Bhartiya Mahila Bank (BMB)
c) Payments Bank
d) State Bank of Mysore
e) State Bank of Patiala
(The guiding principle for the consolidation process of banking in India was suggested by Narasimham Committee. According to which any initiative with respect to merger of public sector banks has to come from the Boards of the banks concerned.)

Q8. Indira Gandhi Prize for Peace, Disarmament and Development is the prestigious award accorded annually by India to individuals or organizations in recognition of creative efforts toward promoting…
a)International Stability
b)International Peace
c)International relations
d)United Nation Childrens education Fund
e)Global Prevention of crimes
(The Indira Gandhi Prize or the Indira Gandhi Peace Prize or the Indira Gandhi Prize for Peace, Disarmament and Development is the prestigious award accorded annually by India to individuals or organizations in recognition of creative efforts toward promoting international peace, development and a new international economic order; ensuring that scientific discoveries are used for the larger good of humanity, and enlarging the scope of freedom.)

Q9.Currency of Mangolia is.........?
a) tugrik
b) Shekel
c) Peso
d) kwacha
e) denar
(Mongolia, is a nation bordered by China and Russia. It's:
Capital: Ulaanbaatar
Currency: Mongolian tugrik
President: Tsakhiagiin Elbegdorj
Prime minister: Chimed Saikhanbileg)

Q10.New Development Bank's initial startup capital is...............?
a) $500bn
b) $200bn
c) $100bn
d) $300bn
e) $400bn
(Explanation: The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa) in the year 2015 with headquarter at Shanghai, China. Present President of NDB is K.V. Kamath. The first regional office of the NDB will be opened in Johannesburg, South Africa.