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This section includes 278 Mcqs, each offering curated multiple-choice questions to sharpen your Basic GK knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
Which of the following Indian states is a victim of poverty? |
| A. | Bihar |
| B. | Kerala |
| C. | Karnataka |
| D. | Haryana |
| Answer» B. Kerala | |
| 202. |
The financial year of India begins at? |
| A. | 1st March |
| B. | January 1 |
| C. | 1st December |
| D. | 1st April |
| Answer» E. | |
| 203. |
Which countries often have hard currency? |
| A. | developed countries |
| B. | Developing countries |
| C. | Semi-Developed Countries |
| D. | All these |
| Answer» B. Developing countries | |
| 204. |
A foreign currency which has a tendency to migrate soon is called? |
| A. | soft currency |
| B. | Savarna Mudra |
| C. | Hot money |
| D. | Rare currency |
| Answer» D. Rare currency | |
| 205. |
Which of the following is not a function of currency? |
| A. | Measurement of value |
| B. | accumulation of value |
| C. | transfer of value |
| D. | stabilization of price |
| Answer» E. | |
| 206. |
What is called by the government to abolish the old currency and move to the new currency? |
| A. | Demonetization |
| B. | devaluation |
| C. | Currency contraction |
| D. | All these |
| Answer» B. devaluation | |
| 207. |
Were presenters of market rules? |
| A. | J.R. B. Sec |
| B. | Malthus |
| C. | Ricardo |
| D. | None of these |
| Answer» B. Malthus | |
| 208. |
What is the process of constantly increasing prices? |
| A. | Inflation |
| B. | over production |
| C. | Mandi |
| D. | None of these |
| Answer» B. over production | |
| 209. |
Inflation causes the most losses? |
| A. | debtors |
| B. | creditor |
| C. | merchant class |
| D. | All these |
| Answer» C. merchant class | |
| 210. |
Benefit from inflation? |
| A. | debtor |
| B. | Lender |
| C. | Saver |
| D. | Pension Recipients |
| Answer» B. Lender | |
| 211. |
Which of the following is not a method of controlling inflation? |
| A. | Control over supply of currency |
| B. | rationing of goods |
| C. | control on demand |
| D. | reduction in interest rate |
| Answer» E. | |
| 212. |
Who is called the bank of banks in India? |
| A. | Reserve Bank of India |
| B. | Bank of India |
| C. | State Bank of India |
| D. | All these |
| Answer» B. Bank of India | |
| 213. |
Issues currency notes in India? |
| A. | Urban Co-operative Bank |
| B. | Reserve Bank of India |
| C. | Ministry of Finance |
| D. | Finance Secretary |
| Answer» C. Ministry of Finance | |
| 214. |
In which of the following banks, a person cannot open his account? |
| A. | Bank of India |
| B. | Urban Co-operative Bank |
| C. | Reserve Bank of India |
| D. | All these |
| Answer» D. All these | |
| 215. |
The Reserve Bank of India has an accounting year? |
| A. | October - September |
| B. | April-March |
| C. | July-June |
| D. | None of these |
| Answer» C. July-June | |
| 216. |
Where is the banknote press located? |
| A. | Nashik |
| B. | Mumbai |
| C. | Dewas |
| D. | None of these |
| Answer» D. None of these | |
| 217. |
In which year was the Industrial Reconstruction Bank of India established? |
| A. | 1947 |
| B. | 1990 |
| C. | 1985 |
| D. | 1991 |
| Answer» D. 1991 | |
| 218. |
The Federal Reserve Bank is the central bank of which country? |
| A. | America |
| B. | Germany |
| C. | France |
| D. | Others |
| Answer» B. Germany | |
| 219. |
In which year was the Indian Unit Test established? |
| A. | 1964 |
| B. | 1969 |
| C. | 1971 |
| D. | 1973 |
| Answer» B. 1969 | |
| 220. |
Which is the largest mutual fund organization of India? |
| A. | G.I.C |
| B. | U.T.I. |
| C. | S.B.I |
| D. | L.I.C. |
| Answer» C. S.B.I | |
| 221. |
Who is the body regulating stock exchanges in India? |
| A. | N.S.E |
| B. | S.E.B.I |
| C. | R.B.I. |
| D. | None of these |
| Answer» C. R.B.I. | |
| 222. |
The Bombay Stock Exchange established was? |
| A. | 1890 |
| B. | 1865 |
| C. | 1875 |
| D. | 1881 |
| Answer» D. 1881 | |
| 223. |
Which form of currency is more prevalent nowadays? |
| A. | Metallic money |
| B. | letter money |
| C. | Coins |
| D. | All of these |
| Answer» C. Coins | |
| 224. |
The National Stock Exchange was established by which committee? |
| A. | Mahalanobis Committee |
| B. | Wanchoo Committee |
| C. | Ferwani Committee |
| D. | None of these |
| Answer» D. None of these | |
| 225. |
NIFTY is a price index of which of the following stock market? |
| A. | C.S.E |
| B. | N.S.E |
| C. | D.S.E |
| D. | None of these |
| Answer» C. D.S.E | |
| 226. |
'Shining Star' is a symbol of which bank? |
| A. | Bank of Baroda |
| B. | Bank of India |
| C. | Indian Bank |
| D. | None of these |
| Answer» C. Indian Bank | |
| 227. |
The National Rural Employment Guarantee Scheme is named after which great man? |
| A. | Rajiv Gandhi |
| B. | Mahatma Gandhi |
| C. | Indira Gandhi |
| D. | Jawaharlal Nehru |
| Answer» C. Indira Gandhi | |
| 228. |
Which of the following is not included in the national income? |
| A. | win the lottery |
| B. | Government expenditure incurred on construction of new bridges |
| C. | Charged rent of houses in owner's possession |
| D. | None of these |
| Answer» B. Government expenditure incurred on construction of new bridges | |
| 229. |
Which region has the least contribution to India's national income? |
| A. | Primary Sector |
| B. | Secondary Sector |
| C. | Tertiary sector |
| D. | None of these |
| Answer» C. Tertiary sector | |
| 230. |
Who contributes most to India's national income? |
| A. | Primary Sector |
| B. | Secondary sector |
| C. | Tertiary sector |
| D. | All equal |
| Answer» D. All equal | |
| 231. |
Where is the headquarter of Food and Agriculture Organization located? |
| A. | Rome |
| B. | Geneva |
| C. | Paris |
| D. | none of these |
| Answer» B. Geneva | |
| 232. |
Operation flood is related to which work? |
| A. | Wheat production |
| B. | water harvesting |
| C. | milk production |
| D. | All these |
| Answer» D. All these | |
| 233. |
Stagflation condition is? |
| A. | deadlock and recession |
| B. | stagnation and inflation |
| C. | deadlock and deflation |
| D. | none of these |
| Answer» C. deadlock and deflation | |
| 234. |
India has achieved self-reliance in the production of |
| A. | Food grains |
| B. | edible oil |
| C. | Petroleum |
| D. | Fertilizers |
| Answer» B. edible oil | |
| 235. |
Which is the most important small scale industry of India? |
| A. | Handloom Industry |
| B. | Leather Industry |
| C. | Pottery manufacturing industry |
| D. | Cotton textile industry |
| Answer» B. Leather Industry | |
| 236. |
When was the first agricultural census conducted? |
| A. | 1948 |
| B. | 1990 |
| C. | 1976 |
| D. | 1970 |
| Answer» E. | |
| 237. |
Business comes under? |
| A. | Trade and Industry |
| B. | only trade |
| C. | Commerce and Industry |
| D. | trade, commerce and industry |
| Answer» E. | |
| 238. |
In which crop the most disappointing result of Green Revolution was seen? |
| A. | Pulses |
| B. | Maize |
| C. | Oilseeds |
| D. | Soyabean |
| Answer» B. Maize | |
| 239. |
India's rank in tobacco production in the world is? |
| A. | 1st |
| B. | 2nd |
| C. | 3rd |
| D. | 4th |
| Answer» D. 4th | |
| 240. |
In which year liberal industrial policy was adopted in India? |
| A. | 1945 |
| B. | 1975 |
| C. | 1991 |
| D. | 1980 |
| Answer» D. 1980 | |
| 241. |
Which bank has formed Kisan Clubs to reach farmers easily? |
| A. | Reserve Bank of India |
| B. | Bank of India |
| C. | Regional Rural Banks |
| D. | Allahabad Bank |
| Answer» D. Allahabad Bank | |
| 242. |
What is the rank of India in the world in terms of rice export? |
| A. | 2nd |
| B. | 3rd |
| C. | 4th |
| D. | 5th |
| Answer» B. 3rd | |
| 243. |
Which is the financial year from which disinvestment in public enterprises started? |
| A. | 1970-1971 |
| B. | 1991-1992 |
| C. | 1994-1995 |
| D. | none of these |
| Answer» C. 1994-1995 | |
| 244. |
What is the rank of India in coffee production in the world? |
| A. | 4th |
| B. | 5th |
| C. | 6th |
| D. | 7th |
| Answer» D. 7th | |
| 245. |
What is the rank of India in the production of sugar in the world? |
| A. | 2nd |
| B. | 3rd |
| C. | 4th |
| D. | 5th |
| Answer» B. 3rd | |
| 246. |
The oldest large industry of India is? |
| A. | Cotton textile industry |
| B. | Jute Industry |
| C. | Paper Industry |
| D. | Handicraft Industry |
| Answer» B. Jute Industry | |
| 247. |
What is the rank of India in the world in fish production? |
| A. | 2nd |
| B. | 3rd |
| C. | 4th |
| D. | 5th |
| Answer» C. 4th | |
| 248. |
India's rank among coal producing countries is? |
| A. | 2nd |
| B. | 3rd |
| C. | 4th |
| D. | 5th |
| Answer» C. 4th | |
| 249. |
Which is the largest industry of India? |
| A. | Jewelery Industry |
| B. | Textile Industry |
| C. | Manufacturing Industry |
| D. | Handicraft Industry |
| Answer» C. Manufacturing Industry | |
| 250. |
Blue revolution is related to which of the following? |
| A. | Fishing |
| B. | Indigo cultivation |
| C. | Poultry farming |
| D. | none of these |
| Answer» B. Indigo cultivation | |