Awareness GK Practice Question and Answer
8 Q: Which Island was notified as Island Protection Zone (IPZ) 2019 by Union Ministry of Environment, Forest and Climate Change recently?
1278 05ff9c671e6adcb76ca46a211
5ff9c671e6adcb76ca46a211- 1World Islandfalse
- 2Kurumgad Islandfalse
- 3Khanderi Islandfalse
- 4Andaman and Nicobar Islandtrue
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Answer : 4. "Andaman and Nicobar Island"
Q: Majority of the people of rural area go to which of the following to meet the loan requirement?
1272 05ff55a379fc6f75b3f5f362e
5ff55a379fc6f75b3f5f362e- 1moneylendertrue
- 2RBIfalse
- 3NABARDfalse
- 4Foreign Bankfalse
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Answer : 1. "moneylender"
Q: From which date the new foreign trade policy will come into force?
1265 06143032861705735614ea01d
6143032861705735614ea01d- 11st Apriltrue
- 231st Marchfalse
- 31st Marchfalse
- 41st Februaryfalse
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Answer : 1. "1st April"
Explanation :
The new foreign trade policy has highlighted the vision to take India's goods and services exports to $2 trillion by 2030. The new FTP comes into effect from April 1, 2023.
Q: Which bank has become the first public sector bank to introduce day-care facility for children of employees?
1261 060ec0445b1a67b33c9196662
60ec0445b1a67b33c9196662- 1State Bank of Indiafalse
- 2Bank of Barodatrue
- 3UCO Bankfalse
- 4Punjab National Bankfalse
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Answer : 2. "Bank of Baroda"
Q: Which institution has constituted a committee to submit a report on alleged violation of norms in the construction of a reservoir across the Cauvery River at Mekedatu in Karnataka?
1260 06125ef7851e5ee4f5c8cfbd4
6125ef7851e5ee4f5c8cfbd4- 1Department of Water Resourcesfalse
- 2Central Water Commissionfalse
- 3Supreme Courtfalse
- 4National Green Tribunaltrue
- 5Ministry of Environment and Forestsfalse
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Answer : 4. "National Green Tribunal"
Q: Who has been appointed as the new Chairman of Axis Bank?
1255 060ec0319b1a67b33c9196521
60ec0319b1a67b33c9196521- 1Rakesh Makhijatrue
- 2Dinesh Ahujafalse
- 3Surendra Singhfalse
- 4Sunil Arorafalse
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Answer : 1. "Rakesh Makhija"
Q: Which of the following cannot be considered a normal banking activity of an ordinary bank customer?
1245 05ff55bb608272f6635202103
5ff55bb608272f6635202103- 1Use of ATMfalse
- 2Tele backingfalse
- 3Decrease or increase P L R and announcement of loan policytrue
- 4Use of banker's checkfalse
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Answer : 3. "Decrease or increase P L R and announcement of loan policy"
Q: Goods and Services Tax (GST) was implemented in India?
1238 06142e9507bf581140ee4ce9e
6142e9507bf581140ee4ce9e- 115 July 2017false
- 21st July 2017true
- 31st August 2017false
- 410 August 2017false
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Answer : 2. "1st July 2017"
Explanation :
1. The 101st Constitutional Amendment of 2016 is the most far-reaching change from a fiscal perspective since the formation of the first Finance Commission in 1951, providing concurrent powers to the Center and the states in the matter of indirect taxation.
2. This amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017.
3. GST is based on a concurrent system of indirect taxes, where central and state GST is imposed on every transaction.

