General Knowledge Questions

Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Q:

At which rate, Reserve Bank of India borrows money from commercial banks?

A) Bank Rate B) Repo Rate
C) Reverse Repo Rate D) Statutory Liquidity Rate
 
Answer & Explanation Answer: C) Reverse Repo Rate

Explanation:
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Q:

Which Indian PSU has launched the country's first 100 Octane petrol?

A) HPCL B) IOC
C) ONGC D) GAIL
 
Answer & Explanation Answer: B) IOC

Explanation:
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Q:

Where will be the Jai Bhawani women's cooperative textile mill (Asia's first Solar Power-Enabled Textile Mill) set up?

A) Maharashtra B) Chennai
C) Bengaluru D) Kanpur
 
Answer & Explanation Answer: A) Maharashtra

Explanation:

Jai Bhawani women's cooperative textile mill which is set to come up at Parbhani, Maharashtra will be the first Textile Mill in Asia which will operate on Solar Power.

 

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Q:

On the basis of memory size & performance, which type of computer is known as "Big Iron"?

A) Micro computer B) Mini computer
C) Main Frame D) Supercomputer
 
Answer & Explanation Answer: C) Main Frame

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

and the spirit of __________________ and driving high

 

A) entrepreneurs B) entrepreneurship
C) entrepreneur D) entrepreneurial
 
Answer & Explanation Answer: B) entrepreneurship

Explanation:
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Q:

Which of the following is a Non-Luminous body?

A) Glowing bulb B) Moon
C) Burning candle D) Firefly
 
Answer & Explanation Answer: B) Moon

Explanation:
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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

Explanation:
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