Days and Years : General knowledge questions and answers

1. In which year Sarvodaya Plan was initiated?
a. 1949
b. 1960
c. 1950
d. 1940
ANSWER: c. 1950

2. What was the time period for first five year plan?
a. 1951-1956
b. 1941-1946
c. 1931-1936
d. 1950-1955
ANSWER: a. 1951-1956

3. When was the first Regional Rural bank established?
a. 3rd June, 1975
b. 2nd January, 1976
c. 2nd October, 1975
d. 2nd April, 1975
ANSWER: c. 2nd October, 1975

4. When was the ICICI Bank incorporated?
a. 1955
b. 1969
c. 1956
d. 1970
ANSWER: a. 1955

5. When was IDBI established?
a. 1965
b. 1966
c. 1964
d. 1967

ANSWER: c. 1964

6. In which year Export-Import Bank of India was established?
a. 1981
b. 1982
c. 1990
d. 1992
ANSWER: b. 1982

7. In _______ National Bank started its operations.
a. 1988
b. 1986
c. 1990
d. 1993
ANSWER: a. 1988

8. National Bank of Agriculture and Rural Development (NABARD) was established in_______
a. 1985
b. 1972
c. 1982
d. 1962
ANSWER: c. 1982

9. Imperial Bank of India was started in?
a. 27 January, 1921
b. 27 March, 1921
c. 27 July, 1921
d. 27 November, 1921
ANSWER: a. 27 January, 1921

10. When did Reserve Bank of India come into existence?
a. 14 January, 1935
b. 15 January, 1935
c. 16 January, 1935
d. 14 January, 1938
ANSWER: c. 16 January, 1935

11. When was the first bank called as ‘Bank of Hindustan’ established?
a. 1770
b. 1880
c. 1875
d. 1775

ANSWER: a. 1770

12. National Stock Exchange was incorporated in ______
a. 1994
b. 1991
c. 1993
d. 1992
ANSWER: d. 1992

13. In ______ Over the Counter Exchange of India (OTC) was incorporated?
a. 1990
b. 1991
c. 1992
d. 1993

ANSWER: a. 1990


14. When was the Value Added Tax introduced in Indian Taxation System?
a. April 1, 2005
b. April 2, 2005
c. April 1, 2006
d. April 2, 2007
ANSWER: a. April 1, 2005

15. Minimum Alternative Tax (MAT) was introduced in ________
a. 1996-97
b. 1997-98
c. 1998-99
d. 1995-96
ANSWER: b. 1997-98

16. In which month of 2004, Olympic Games were held in Greece?
a. August
b. October
c. July
d. May
ANSWER: a. August

17. _______ is celebrated as World Environment Day.

a. June 6
b. June 10
c. June 5
d. June 15
ANSWER: c. June 5

18. International Woman’s Day is celebrated on _______
a. March 8
b. April 8
c. May 8
d. June 8
ANSWER: a. March 8

19. When is National Science Day?
a. February 26
b. February 27
c. February 28
d. March 26
ANSWER: c. February 28

20. When is National Youth Day celebrated?
a. January 14
b. January 12
c. February 12
d. February 14
ANSWER: b. January 12

MCQs with answers on Banking in India - Part III

1. The performance of which scheme does the National Housing Bank monitor?

a) Liberalized Finance Scheme
b) Golden Jubilee Rural Housing Finance Scheme
c) Energy Efficient Housing Finance Scheme
d) Finance scheme for indirect loans
ANSWER: b) Golden Jubilee Rural Housing Finance Scheme

The National Housing Bank monitors the performance of the Golden Jubilee Rural Housing Finance Scheme implemented through the scheduled banks of HDFC and the Cooperative Sector Institutions. During 2009-10, 3.9 lakh dwelling units were successfully financed against a target of 3.5 lakh units.

2. When did the National Bank of Agriculture and Rural Development establish?

a) July, 1982
b) July, 1969
c) June, 1951
d) June, 1961

ANSWER: a) July, 1982

In the field of rural credit and agricultural development, establishment of NABARD is a major event. The National bank of Agriculture and Rural Development as an apex body with the responsibility for the overall development, policy, planning and financial support for agriculture and rural development was established on 12th July 1982.

3. When did the government acquire RBI's shareholding (72.5%) in NABARD?

a) May, 2008
b) June, 2008
c) August, 2008
d) March, 2009

ANSWER: b) June, 2008

In June, 2008 the government acquired 72.5 percentage of RBI's shareholding in NABARD.

4. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.

a) daily
b) weekly
c) monthly
d) yearly
ANSWER: d) yearly

5. When did the Government of India set up the Export-Import Bank of India?

a) January, 1982
b) January, 1993
c) March, 1971
d) June, 1969

ANSWER: a) January, 1982

In January, 1982 recognising the importance of exports in India's development programmes, the Government of India set up the Export-Import Bank of India as a statutory corporation owned completely by the Union Government.

6. The main objectives of the Export-Import Bank (EXIM Bank) are:

(i) to ensure an integrated and coordinated approach to solving the problems of exporters
(ii) to provide special attention to capital goods export and export of technical services
(iii) to tap domestic and overseas markets for resources, undertake development and finance activities in the areas of exports.
(iv) to provide financial assistance to the exporters and importers and act as the principal financial institution for coordinating the working of other institutions engaged in financing exports and imports.
(v) to provide refinance facilities to commercial banks and financial institutions against their export-import financing activities

(a) both (i) and (ii)
(b) only (iii), (iv), and (v)
(c) All the above
(d) None of the above

ANSWER: (c) All the above

The main objectives of the Export-Import Bank (EXIM Bank) are to ensure an integrated and coordinated approach to solving the problems of exporters, providing special attention to capital goods export and export of technical services, and to tap domestic and overseas markets for resources, undertaking development and financing activities in the areas of exports. The EXIM Bank provides financial assistance to the exporters and importers and acts as the principal financial institution for coordinating the working of other institutions engaged in financing exports and imports. It also provides refinance facilities to commercial banks and financial institutions against their export-import financing activities.

7. Which bank had the highest concentrations of operations overseas in 2010?

a) Bank of Baroda
b) Bank of India
c) State Bank of India
d) Union Bank of India

ANSWER: a) Bank of Baroda

Bank of Baroda had the highest concentrations of operations with 46 branches, 8 subsidiaries, 3 representative offices and 1 joint venture bank, followed by State Bank of India with 42 branches, 5 subsidiaries, 4 joint ventures and 8 representative offices, and Bank of India with 24 branches, 3 subsidiaries, 1 joint venture bank and 5 representative offices.

8. When did the Government of India appoint a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system?

a) May, 2006
b) April, 1998
c) December, 1997
d) September, 2005

ANSWER: c) December, 1997

In December, 1997, the Government of India appointed a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system which submitted its report in April, 1998. The government accepted some of its recommendations, viz. prudential accounting norms, and classification of government-guaranteed advances.

General Knowledge Questions and Answers from Indian History

1. In which year did Semi-permanent settlements come up in Africa, Asia and Europe in the year?
Ans : 10,000 BC

2. Greek civilization was flourished in the year ________ ?
Ans : 800 BC

3. Rome was founded in the year ___ ?
Ans : 753 BC

4. In the year ______, Victoria becomes queen of British empire.
Ans :  1837 AD

5. Suez canal opened in the year ______ .

Ans : 1869 AD

6. Queen Victoria’s Golden Jubliee was held in the year ______.

Ans : 1887 AD

7. The Eiffel Tower is built in ________.
Ans : 1889 AD

8. New Zeland becomes first country to grant woman to right to vote in the year _____.
Ans : 1869

9. World War I commenced in
Ans : 1914

10. Who is considered the "Father of the Constitution"?
Ans : James Madison

11. Who was first to reach the South Pole?
Ans : Capt. Amundsen

12. Which was the Napoleon last battle in which he was captured and exiled to St Helena?
Ans : Battle of Waterloo

13. Around 1000 AD, which of these empires was the predominant power of mainland southeast Asia?
Ans : Khmer

14. The first battle of which war was the Battle of Alma?
Ans : Crimean war

15. Buckingham Palace became the official royal residence during the reign of which British monarch?
Ans : Queen Victoria

16. In which year Bangladesh was formed as Separate Country?
Ans : 1971

17. The First Triumvirate was established in 60 B.C. by Julius Caesar, Marcus Licinius Crassus, and this Roman general and consul. He was one of Caesar's many enemies and his son-in-law,he became a ruler of Rome. Who was he?
Ans : Pompey

18. What was the other name given to the French and Indian War (1756-1763)?
Ans : The Seven Years' War

19. During which war in 1870 was the Battle of Sedan fought?
Ans : Franco Prussian war

20. The 1513 Battle of Flodden Field was the largest battle (in terms of numbers) ever fought between which two countries?
Ans : England and Scotland

21. This Russian ruler was the first to be crowned Czar(Tsar) when he defeated the boyars (influential families) in 1547. Who was he?
Ans : Ivan IV (the Terrible)

22. The dominant civilization in the central valley of Mexico was which of the following by 1000 AD?
Ans : Toltec

23. The Great Pyramid of Giza was built for which Egyptian ruler?
Ans : Cheops

24. The first king of modern Greece, Otto I, was the son of King Ludwig I of which state?
Ans : Bavaria

25. Name the person who built Fort Necessity.
Ans : George Washington

26. Bhumibol Adulyadej is the longest-reigning monarch in which country's history?
Ans : Thailand

GK
1. The spherical shape of a drop is due to _______ ?
Answer: Surface tension


2.  Who is the present RBI Governor ?
Answer:  Raghuram Rajan


3. Earth is protected from Ultra voilet radiation by _______ ?
Answer: Ozone


4. If we move from equator to pole the value of acceleration due to gravity "g"_______ ?
Answer:  Increases


5. Capital of VeneZuela ?
Answer: Karakkas


6. Solid carbon dioxide is known as ______?
Answer: Dry ice


7.  VAT was first introduced in which country ?
Answer: France


8. Which instrument is used to measure blood pressure ?
Answer: Sphygmomano meter


9. How many coastal states are in India ?
Answer: 9


10. The country which lost the largest number of people in the 2nd world war ?
Answer: Japan


11. How many fundamental duties are laid in the constitution of India ?
Answer: 11

11 a. How many fundamental rights are recognized in the constitution of India ?
Answer: 7

12. Which is the Biggest Museum ?
Answer:  British Museum, London


13. Shora is the parliament of  _______?
Answer: Afghanistan


14. Who is the first person to get Param vir chakra ?
Answer: Major Somnath Sharma


15. Which is the largest fresh water lake in India ?
Answer: Wular Lake

15 a. Wular Lake is in which state?
Answer: Jammu and Kashmir

* 16. Which is the longest river in peninsular India ?
Answer: Godavari River

*16 a. River godavari originates from ?
Answer: Brahmagiri Mountain


* 17. What is the full form of SIM ?
Answer: Subscriber Identity Module 


* 18. Who is the founder of Van Mahotsav ?
Answer: K.M. Munshi


* 19. What is the full form of https ?
Answer:  Hypertext Transfer Protocol Secure


20. Where is Sardar Sarovar project situated ?
Answer: Gujarat


21. Which is the coldest planet in the solar system?
Answer: Neptune


22. Which is the Longest National Highway in India ?
Answer: NH 44 (old name NH 7)


23. Which is the smallest National Highway in India ?
Answer: NH 966B


24. How many bones are there in human skull ?
Answer: 22


25. Union public service commission  was established on ?
Answer: 1 October 1926 


26. Kyoto protocol was adopted in which year ?
Answer: 11-Dec-1997

27. Kyoto protocol was came in to force from which year ?
Answer: 16-Feb-2005 

28.Kyoto is the city from which country?
Answer:japan 

29. Device used for measure radiation ?
Answer: geiger muller counter