Awareness GK Practice Question and Answer

Q:

Which Island was notified as Island Protection Zone (IPZ) 2019 by Union Ministry of Environment, Forest and Climate Change recently?

1278 0

  • 1
    World Island
    Correct
    Wrong
  • 2
    Kurumgad Island
    Correct
    Wrong
  • 3
    Khanderi Island
    Correct
    Wrong
  • 4
    Andaman and Nicobar Island
    Correct
    Wrong
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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 0

  • 1
    moneylender
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    NABARD
    Correct
    Wrong
  • 4
    Foreign Bank
    Correct
    Wrong
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Answer : 1. "moneylender"

Q:

From which date the new foreign trade policy will come into force?

1265 0

  • 1
    1st April
    Correct
    Wrong
  • 2
    31st March
    Correct
    Wrong
  • 3
    1st March
    Correct
    Wrong
  • 4
    1st February
    Correct
    Wrong
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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 0

  • 1
    State Bank of India
    Correct
    Wrong
  • 2
    Bank of Baroda
    Correct
    Wrong
  • 3
    UCO Bank
    Correct
    Wrong
  • 4
    Punjab National Bank
    Correct
    Wrong
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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 0

  • 1
    Department of Water Resources
    Correct
    Wrong
  • 2
    Central Water Commission
    Correct
    Wrong
  • 3
    Supreme Court
    Correct
    Wrong
  • 4
    National Green Tribunal
    Correct
    Wrong
  • 5
    Ministry of Environment and Forests
    Correct
    Wrong
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Answer : 4. "National Green Tribunal"

Q:

Who has been appointed as the new Chairman of Axis Bank?

1255 0

  • 1
    Rakesh Makhija
    Correct
    Wrong
  • 2
    Dinesh Ahuja
    Correct
    Wrong
  • 3
    Surendra Singh
    Correct
    Wrong
  • 4
    Sunil Arora
    Correct
    Wrong
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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 0

  • 1
    Use of ATM
    Correct
    Wrong
  • 2
    Tele backing
    Correct
    Wrong
  • 3
    Decrease or increase P L R and announcement of loan policy
    Correct
    Wrong
  • 4
    Use of banker's check
    Correct
    Wrong
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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 0

  • 1
    15 July 2017
    Correct
    Wrong
  • 2
    1st July 2017
    Correct
    Wrong
  • 3
    1st August 2017
    Correct
    Wrong
  • 4
    10 August 2017
    Correct
    Wrong
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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.

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