GK Quiz on Economics & Current
Question 1
Who among the following is the World’s Richest Indian?
Dilip Shangivi
Mukesh Ambani
Pallonji Mistry
Shiv Nadar
According to the data from Bloomberg, Reliance India Ltd Chairman Mukesh Ambani has regained his position as the World’s Richest Indian, as Pharma tycoon Dilip Shanghvi slipped to the second place after remaining on top for the last few months.
Question 2
Small Industries Development Bank of India (SIDBI) completed how many years of its operations during 2015?
25 years
40 years
50 years independencia institution
60 years
Small Industries Development Bank of India is a non- independencial institution aimed to aid the growth and development of micro, small andmedium-scale enterprises (MSME) in India. Set up on April 2, 1990 through an act of parliament.
Question 3
The 8th International Conference on “Indian Civil Aviation & Tourism” was held in_____.
New Delhi
Jaipur
Mumbai
Chandigarh
The 8th International conference on “Indian Civil Aviation & Tourism” was held in New Delhi. The event was organized by Ministry of Civil Aviation andASSOCHAM.
Question 4
Which of the following is the only state in India that produces tin concentrates?
Jharkhand
Chhattisgarh
Rajasthan
Odisha
Chhattisgarh is the only state producing tin concentrates .Tin plates are used both in packaging food products like processed food, vanaspati ghee, etc. The main consumers in India are the tin plate industry and solder industry.
Question 5
In India service tax is payable only when the value of service provided in a financial year is more than Rs. _______?
5 lakh
10 lakh
15 lakh
20 lakh
Service tax is a tax levied by the government on service providers on certain transactions but is actually borne by the customers. It is categorized asindirect tax and came into existence under the finance act, 1994. This tax is payable only when the value of service provided in a financial year is more than Rs 10 lakh. Service tax is not applicable in the state of Jammu & Kashmir.
Question 6
Bank branches are established under which section of Banking Regulations Act, 1949?
Section 20
Section 23
Section 22
Section 10
Branch banking involves business of banking via branches. The branches are set up under Section 23 of Banking Regulations Act, 1949.
Question 7
Which of the following personalities is known as “Metro Man”?
PV Chandran
Elattuvalapil Sreedharan
Tessy Thomas
Man Mohan Sharma
Elattuvalapil Sreedharan is a retired Indian Engineering Service officerpopularly known as the "Metro Man". He has been invited to the United Nation’s High Level Advisory Group on Sustainable transport.
Question 8
What is the correct expansion of the term MUDRA ?
Micro Undertakings Development and Refinance Authority
Micro Units Development and Refinance Agency
Micro Undertakings Development and Restructuring Agency
Mini Units Development and Restructuring Authority
Micro Units Development and Refinance Agency (MUDRA) Bank is a public sector financial institution in India. It provides loans at low rates to microfinance institutions and non-banking financial institutions which then provide credit to MSME's. It was launched by Prime Minister Narendra Modi on 8 April 2015.
Question 9
Who is the Author of "God of small things"?
Anita Desai
Arundhati Roy
Mulk Raj Anand
Mahasweta Devi
The God of Small Things is the novel of Indian writer Arundhati Roy. It is a story about the childhood experiences of fraternal twins whose lives are destroyed by the "Love Laws" that lay down "who should be loved, and how. The book won the Booker Prize in 1997.
Question 10
Who is the new chief of Research and Analysis Wing (RAW)?
Mr. Rajinder Khanna
Rory Read
Shantanu Narayen
Tim Armstrong
The Research and Analysis Wing is the primary foreign intelligence agency ofIndia. A 1978-batch IPS officer Rajinder Khanna is the current chief of RAW.
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