Govt. Exams Sample Papers

Government Jobs GK Questions Answers Objective Paper

government jobs general knowledge questions

Objective type Government Jobs GK Questions with Answers:

Question: Which of the following is the correct statement ?
(a) State bank of India is the sole authority to issue and manage currency in India
(b) A nationalised bank is the sole authority to issue and manage currency in India.
(c) A cooperative bank is the sole authority to issue and manage currency in India.
(d) RBI is the sole authority to issue and manage currency in India.
(e) None of These
Ans. (d)

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Question: Which of the following is not an asset of a bank?
(a) Notes and small coins
(b) Overdue recurring deposits
(c) Short term loans
(d) Staff advances
(e) None of those
Ans. (b)

Question: NEFT means:
(a) National Electronic Funds Transfer System
(b) Negotiated Efficient Fund Transfer System
(c) National Efficient Fund Transfer Solution
(d) Non Effective Fund Transfer System
(e) Negotiated Electronic Foreign Transfer System
Ans. (a)

Question: When the rate of inflation increases ;
(a) purchasing power of money increases
(b) purchasing power of money decreases
(c) value of money increases
(d) purchasing power of money remains unaffected
(e) amount of money in circulation decreases
Ans. (b)

Question: Davis Cup’ is associated with the game of.
(a) Cricket
(b) Hockey
(c) Lawn Tennis
(d) Football
(e) None of these
Ans. (c)

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Question: India started its five year planning with effect from the year
(a) 1955
(b) 1951
(c) 1960
(d) 1965
(e) 1948
Ans. (b)

Question: Which of the following normally grown in hilly areas on mountain slope as it is not a crop of plains ?
(a) Tea
(b) Wheat
(c) Banana
(d) Roses
(e) All of these
Ans. (a)

Question: The Basel Convention refers to which of the following ?
(a) Ban on exports of hazardous wastes
(b) Prudential lending norms in banking
(c) Phasing out of ozone depleting substances
(d) Landing and take-off fights at international airports
(e) Ban on export of weapons to civil-war affected countries
Ans. (a)

Question: Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is knows:
(a) CRR
(b) Fixed Asset
(c) SLR
(d) PLR
(e) None of these
Ans. (c)

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Question: Which of the following is NOT a fertilizer product ?
(a) Urea
(b) Murate of Potash
(c) Di Amonium Phosphate
(d) Calcium Carbonate
(e) All are fertilizers
Ans. (e)

Question: Which of the following services is NOT provided by the post offices in India ?
(a) Savings Bank Scheme
(b) Retailing of Mutual Funds
(c) Sale of stamp Papers (Judicial)
(d) Issuance of Demand Drafts
(e) Life Insurance cover
Ans. (d)

Question: World Ozone day is observed on ……….
(a) 16th September
(b) 16th October
(c) 16th November
(d) 26th September
(e) 26th October
Ans. (d)

Question: The short term loans given to the farmers are the loans given nor for a period of …
(a) three months
(b) six months
(c) nine months
(d) one year
(e) fifteen months
Ans. (d)

Question: Which of the following is correct statement ?
(a) Normally no interest is paid on current deposit accounts.
(b) Interest is paid on current accounts at the same rate as term deposit accounts.
(c) The rate of interest on current account and savings account are the same.
(d) No interest is paid on any deposit by the bank.
(e) Savings deposits are the same as current deposits.
Ans. (a)

Question: Which of the following is a non-depository institution ?
(a) Credit unions
(b) Commercial banks
(c) Mutual funds
(d) Regional rural banks
(e) None of these
Ans. (c)

Question: Which of the following is NOT a banking or finance related term ?
(a) Letter of Credit
(b) Back up Guarantee
(c) LIBOR
(d) Polymerisation
(e) Factoring Services
Ans. (d)

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Question : “Navratna Status” is awarded to which of the following organisation/units?
(a) Those IITs/IIMs who are doing good research work
(b) Defence production units/ factories who are showing good profits
(c) Any public sector manufacturing unit doing well and* earning good profits
(d) A public sector bank rated very high by the RBI in the area of customer service and-recovery of NPAs
(e) None of these
Ans. (c)

Question: ‘Irani Trophy” is associated with which of the following games ?
(a) Badminton
(b) Golf
(c) Cricket
(d) Football
(e) Hockey
Ans. (c)

Question: The credit policy of a bank does not deal-with :
(a) Credit risk management
(b) Documentation standards
(c) Review and renewal of advances
(d) Outstanding balances in deposit accounts
(e) None of these
Ans. (d)

Question: In case a major war breaks out between two nations, which of the following organizations/agencies will be seen in the battle field, in addition to the armies of tin fighting parties ?
(a) WTO
(b) Red Cross
(3) CARE
(d) OPEC
(e) All of these
Ans. (b)

Question: The International Finance Corporation (IFC) is a private sector funding arm associated with which of the
following?
(a) WTO
(b) World Bank
(c) United Nations
(d) Asian Development Bank
(e) None of these
Ans. (b)

Question: Fixed deposits and recurring deposits are
(a) repayable after an agreed period.
(b) repayable on demand.
(c) not repayable.
(d) repayable after death of depositors.
(e) repayable on demand or after an agreed period as per bank’s choice.
Ans. (a)

Question: ‘Merdeka Cup’ is associated with the game of ……….
(a) Badminton
(b) Football
(c) Hockey
(d) Golf
(e) Tennis
Ans. (b)

Question: What is financial inclusion ?
(a) To provide a permanent employment to the unemployed
(b) To provide a 100 days job to all those who are in need of a job
(c) To provide banking services to all those loving in remote areas
(d) To ensure that all financ ia.1 transactions amounting Rs. 5,000/- and above are done through banks.
(e) To provide finances for all
Ans. (c)

Question: Exporters in India get insurance cover and risk covered from which of the following organizations
(a) SIDBI
(b) NABARD
(c) FCGC
(d) RBI
(e) None of these
Ans. (c)

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Question: Which of the following places in India does not have a Stock Exchange ?
(a) Kolkata
(b) Ahmedabad
(c) Mumbai
(d) Delhi
(e) Udaipui
Ans. (e)

Question: Financial inclusion means provision of:
(a) financial services namely, payments, remittances, savings, loans and insurance at affordable cost to persons
not yet given the same.
(b) ration at affordable cost to persons not yet given the same.
(c) house at affordable cost to persons not yet given the same.
(d) food at affordable cost to persons not yet given the same.
(e) education at affordable cost to persons not yet given the same.
Ans. (a)

Question: Barack Hussain Obama belongs to which of the following political parties ?
(a) Republican
(b) Democratic
(c) Labour
(d) American National Congress
(e) None of these
Ans. (b)

Question: Which of the following is NOT a Govt. Sponsored organization ?
(a) Small Industries Development Bank of India
(b) NABARD
(c) National Housing Bank
(d) ICICI Bank
(e) All are Govt. sponsored
Ans. (a)

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