General Awareness question that can be asked in exams like IBPS PO, Clerk, RRB, SSC etc.(GK Quiz-1)

Here are some questions that were asked in exams and that can be asked in various examinations like SSC, IBPS PO, Clerk, RRB, etc.

1.    Depreciation means___________

a)    decrease in monetary value of an asset  over time due to use, wear and tear

b)    Loss due to destruction of plant or factory

c)    Closure of a plant due to some reason

d)    Decrease of currency.
 

2.    Depreciation of currency means__________

a)    Official lowering of the value of a country's currency within a fixed exchange rate system.

b)    Increase of value of a country's currency with respect to one or more foreign reference currency

c)    loss of value of a country's currency with respect to one or more foreign reference currency

d)    Official increasing of the value of a country's currency within a fixed exchange rate system

3.    Devaluation means__________

a)    Official lowering of the value of a country's currency within a fixed exchange rate system.

b)    Increase of value of a country's currency with respect to one or more foreign reference currency

c)    loss of value of a country's currency with respect to one or more foreign reference currency

d)    Official increasing of the value of a country's currency within a fixed exchange rate system

4.    Appreciation of currency means____________

a)    Official lowering of the value of a country's currency within a fixed exchange rate system.

b)    Increase of value of a country's currency with respect to one or more foreign reference currency

c)    loss of value of a country's currency with respect to one or more foreign reference currency

d)    Official increasing of the value of a country's currency within a fixed exchange rate system

5.    Revaluation means___________

a)    Official lowering of the value of a country's currency within a fixed exchange rate system.

b)    Increase of value of a country's currency with respect to one or more foreign reference currency

c)    loss of value of a country's currency with respect to one or more foreign reference currency

d)    Official increasing of the value of a country's currency within a fixed exchange rate system

6.    How many banks were Nationalized in first phase of Nationalization___________ ?

a)    13

b)    15

c)    14

d)    6

7.    How many banks were Nationalized in Second phase of Nationalization___________ ?

a)    7

b)    8

c)    14

d)    6

8.    How many Nationalized banks are at present i.e. on 1Jan2014________?

a)    19

b)    20

c)    21

d)    18

9.    Who is the only Nobel prize winner of Economics from India__________?

a)    Venkatraman Ramakrishnan

b)    Rajendra K. Pachauri

c)    Amartya Sen

d)    V.S. Naipaul

10. Central bank i.e apex bank of india is_________?

a)    State bank of India

b)    Reserve bank of India

c)    Central bank of India

d)    Indian bank

ANSWERS:

1.(a), 2.(c), 3.(a), 4.(b), 5.(d),6.(c),7.(c), 8.(a), 9.(c),10(b)