GK Quiz: For all Exams

Ques.1.  The Union Oil Ministry has launched a new service, starting from Chandigarh, under which consumers of cooking gas have been initially allowed to

1) change their dealer

2) change their company

3) surrender their LPG connection

4) convert their commercial connection into a domestic shift to PNG one and vice-versa

5) None of these

Change their dealer

Ques.2. The legendary astronauts Neil Armstrong and Edwin Buzz Aldrin are the first human to step on the moon. In 1969, which of the following spacecrafts carried them to the moon?

1) Apollo 1        2) Apollo 9

3) Apollo 11      4) Eagle

5) Little Joe II

Apollo II

Ques.3.  In regards to insurance, “A policy provision that allows an insured to renew his/her term life insurance policy at the end of the term based on the attained age and health status as well as evidence of insurability” is termed as

1) Free-Entry     2) Open-Entry

3) Re-Entry        4) Re-terming

5) None of these

Re-Entry

Ques.4.  Which of the following services come(s) under the ambit of services tax?         

1) Dry Cleaning                2) Cable Operator

3) Security Agency        4) Courier

5) All the above

All of the above

Ques.5.  Which of the following statements is/are correct about International Rescue Committee (IRC)?

1) It is a non-governmental international relief development organization based in the development and resettlement services.

2) It is working in more than 40 countries and providing emergency relief, post-conflict United States.

3) It came into existence with the formation of United Nations in 1945 after World War II.

 4) Only 1) and 2)

5) Only 1) and 3)

only 1) and 2)

Ques.6.  Which of the following statements is/are correct about Oscar awards?

1) These awards are given by the US-based Academy of  Motion Picture Arts and Sciences for achievement in film industry.

2) The awards are given in 24 categories and the first awards were given in 1929.

3) The 1957 film Mother India was India’s first and the only submission to Oscars.           

4) Only 1) and 2)

5) Only 1) and 3)

Only 1) and 2)

Ques.7.  Which of the following statements is/are correct about demat accounts in India?

1) The term ‘demat’ refers to a dematerialised account for investor while registering with an investment broker (or sub-broker).

2) A demat account is opened by an individual Indian citizens to trade in listed stocks or debentures in electronic form.

3) It is a type of savings account offered by all the scheduled banks.     

4) Only 1) and 3)

5) Only 1) and 2)

Only 1) and 2)

Ques.8.  Which of the following best defines mortgage?

1) A movable or liquid assets that a borrower received by a bank.

2) Security of immovable property for a deposit offers a lender to secure a loan.

3) A debt instrument that is secured by the specified movable property.

4) A debt instrument that is secured by the collateral of specified immovable property.

5) None of these

A debt instrument that is secured by the collateral of specified immovable property.

Ques.9.  In regards to insurance, “Transfer by the holder of a life insurance policy (the assignor) of the benefits or proceeds of the policy to a lender (the assignee), as a collateral for a loan in which in the event of the death of the assignor, the assignee is paid first and the balance (if any) is paid to the policy’s beneficiary” is termed as

1) Prioritisation               2) Assignment

3) Ownership transfer     4) Proprietorship

5) None of these

Assignment

Ques.10.  Which of the following statement is/are correct about the General Anti Avoidance Rules (GAAR)?

1) It was introduced by the then Finance Minister Pranab Mukherjee in the Budget 2012-13, which is aimed at checking tax avoidance by overseas investors.

2) The government had set up the Shome committee on this matter which suggested postponement of the GAAR by three years and non-application of tax laws with retrospective effect on indirect transfers of assets.

3) The government has postponed implementation of GAAR provisions by two years to April 1, 2016.

4) Only 1) and 3)

5) All 1), 2) and 3)

All of above

Ques.11. Who among the following is not a Deputy Governor of RBI at present?

1) Subir Gokarn                2) Harun R Khan

3) Anand Sinha                 4) KC Chakrabarty

5) Urjit Patel

Subir Gokarn

Ques.12.  Which of the following statements is/are correct about Army Day observed in India?

1) This day is celebrated on January 15 every year.        

2) It is celebrated in recognition of Lieutenant General KM Cariappa’s taking over as the first Commander-in-Chief of the Indian Army from Sir Francis Butcher, the last British commander, in 1948.

3) The day also commemorates India’s victory over Pakistan in 1971 war.

4) Only 1) and 2)

5) Only 1) and 3)

Only 1) and 2)

Ques.13.Expand the term QIP ?

1) Qualified Institutional Players                            2) Quantitative Institutional Players

3) Qualified International Players                           4) Quality Institutionalized Players

5) None of these  

Qualified Institutional Players

Ques.14.  Who amongst the following is the author of the  book titled Our Moon Has Blood Clots?

1) Chetan Bhagat           2) Rahul Pandita

3) Preeti Shenoy            4) Ravinder Singh

5) Ashwin Sanghi

Rahul Pandita

Ques.15.  The government has constituted an expert committee to review institutional framework of Prasar Bharti. The seven-member committee will be headed by

1) PV Jayakrishnan        2) Ranjan Khanna

3) Sam Pitroda                 4) Rajesh Mehta

5) None of these

Sam Pitroda

Ques.16. ‘Rah-e-Milan’ is the name of the bus service between which of the following countries?

1) India and Pakistan     2) India and Bangladesh

3) India and Nepal         4) India and Myanmar

5) None of these

India and Pakistan

Ques. 17.  The Apparel Export Promotion Council (AEPC) has opened the country’s first ‘Technology Innovation Research Centre’ in which of the following cities recently?

1) Ahmedabad  2) Gurgaon

3) Masore         4) Bhopal

5) Mumbai

Gurgaon

       Ques.18.   What is the rank of India in Human Development Report?

(1) 152                               (2) 136

(3) 125                               (4) 141

(5) None of these

136

Ques.19.   Recently, the Cabinet Committee on Economic Affairs (CCEA) approved the modification in the Special Industry Initiative scheme named Udaan. This scheme is meant for which of the following states through which 40,000 youth will be trained in five years.

1) Jammu and Kashmir  2) Punjab

3) Himachal Pradesh      4) Manipur

5) Nagaland

Jammu and Kashmir

Ques. 20. Which of the following airports in India is set to become the first airport of the country to use solar power for running its utility grid system?

1) Sardar Vallabhbhai Patel International Airport

2) Cochin International Airport

3) Lokpriya Gopinath Bordoloi International Airport         

4) Rajiv Gandhi International Airport

5) Veer Savarkar International Airport

Cochin International Airport