GK MCQ

1. Finance Minister Pranab Mukherjee in the Budget 2012-13 proposed raising
custom duty on gold from 2 per cent to _________.
a) 4 per cent
b) 5 per cent
c) 6 per cent
d) 8 per cent
e) None of the above

2. How much amount has been given to the PSU Banks and Financial Institutions in the
2012-13 Union Budget?a) Rs.17, 278 crore
b) Rs.14, 768 crore
c) Rs.15, 888 crore 
d) Rs.16, 665 crore
e) None of the above

3. In a move to accelerate the growth and penetrations of ATMs across the country,
the Reserve Bank of India (RBI) allowed non-banking entities having a minimum
net worth of ___________ to set up their ATMs.
a) Rs 100 crore
b) Rs 200 crore
c) Rs 300 crore
d) Rs 500 crore
e) None of the above

4. How many blocks offered by the government for exploration and production of oil
and gas in the ninth round of New Exploration Licensing Policy (NELP)? 
a) 31
b) 32
c) 33
d) 34
e) None of the above

5. The government on 26^th March raised interest rates on post office-operated small
savings schemes by up to 0.5 per cent. The hike in interest rates on small savings
schemes is based on the recommendations of the:
a) Pranob Sen Committee
b) Shyamala Gopinath Committee
c) Y H Malegam Committee
d) Madhava Menon Committee
e) None of the above

6. In which of the following beauty pageants, Transgender women will be allowed to
participate next year?a) Miss Earth
b) Miss World
c) Miss Universe
d) Miss India
e) None of the above

7. Recently, the US government puts a bounty of USD 10 million on Hafiz Mohammad
Saeed, the mastermind of the 26/11 Mumbai attacks. Hafiz Mohammad Saeed is 
Chief of the Pakistan’s outlawed Islamic hardliner:a) Harakat ul-Ansar (HUA)
b) Harakat ul-Mujahidin (HUM)
c) Jaish-e-Mohammed (JEM)
d) Lashkar-e-Tayyiba (LT) 
d) None of the above

8. Which of the following countries is largest supplier of Liquefied Natural Gas (LNG)
to India?
a) Iran
b) Qatar
c) Kuwait
d) UAE
e) Australia

9. Which language of the Indian state of Meghalaya has been removed from UNESCO’s
Atlas of the World’s Languages in Danger as it is now considered as safe?
a) Lotha
b) Garo
c) Khasi
d) Konyak
e) Angami

10. Which of the following is name of annual military exercise between the navies of 
India and the United States? 
a) MALABAR
b) VARUNA
c) SIMBEX
d) FRIENDSHIP
e) None of the above

11. In which district of Gujarat, the Ode village massacre took place on March 1, 2002?a) Anand
b) Jamnagar
c) Vadodara
d) Ahmedabad
e) Gandhi Nagar

12. Pakistani President Asif Ali Zardari on 8^th April visited the dargah (shrine) of
Hazrat Khawaja Moinuddin Chishti in:
a) Nizamuddin (Delhi)
b) Ajmer (Rajasthan)
c) Lucknow (Uttar Pradesh)
d) Anantapur (Andhra Pradesh)
e) None of the above

13. Tamil writer A A Manavalan has recently been chosen for the:a) Vyas Samman 2012
b) Kabeer Samman 2012
c) Kalidas Samman 2011
d) Saraswati Samman 2011
e) None of the above

14. The champion of Vijay Hazare Cricket Trophy in 2012 is:
a) Mumbai
b) Punjab
c) Karanataka
d) Tamilnadu
e) West Bengal

15. The Beijing Olympics bronze medallist Vijender Singh has qualified for the London
Olympics in the category of :
a) 72 kg
b) 70 kg
c) 75 kg
d) 66 kg
e) None of the above

16. The professional cricket league ‘IPL’ started playing in tournaments in: 
a) 2007
b) 2008
c) 2009
d) 2010
e) None of the above

17. DLF, the main sponsor for the Indian Premier League (IPL) stands for:a) Delhi Land and Finance
b) Delhi Leasing and Finance
c) Developers Loan and Finance
d) Developers Leasing and Finance 
e) None of the above

18. Which of the following is a commercial unit of weight for shipments of cotton?a) Ounce
b) Scuple
c) Dram
d) Quintal
e) Bale

19. Fixed Foreign Exchange Rate can be changed by:a) RBI
b) SEBI
c) FIPB
d) Ministry of Finance
a) All the above

20. RBI sometimes devalues its currency primarily to promote:a) Import and reduce Exports
b) Export and reduce Imports
c) Both Import and Export
d) Outflow of Foreign Exchange
e) None of the above