General Knowledge for Postal/Sorting Assistant Exam

General Knowledge Question and answer for Competitive Exam

General Knowledge questions with answers

---

1. The Reserve Bank of India introduced the 'Lead Bank Scheme' in the year ______.

A. 1991
B. 1969
C. 1949
D. 1959

B. 1969

2. Which of the following State Governments in India introduced zero-base-budget for the first time ?

A. Maharashtra
B. West Bengal
C. Andhra Pradesh
D. Kerala

A. Maharashtra

3. Which of the following forms of tax does the State Government get in maximum portion from the Central Government ?

A. Excise duty
B. Income tax
C. Wealth tax
D. Sales tax
 

B. Income tax

4. The Contingency Fund of India is at the disposal of the _______.

A. President
B. Vice-President
C. Prime Minister
D. Council of Ministers

A. President

5. Which of the following is not a function of Commercial Banks ?

A. Accept deposit
B. Lending loans
C. Transfer of money
D. Credit control

D. Credit control

6. The State Bank of India came into existence in year _____.

A. 1935
B. 1949
C. 1955
D. 1969

C. 1955

7. Who gives permission to banks for foreign currency business ?

A. Finance Ministry
B. ICICI
C. Reserve Bank of India
D. World Bank

C. Reserve Bank of India

8. Which of the following institutions acts as top level for fulfilment of financial needs in rural areas ?

A. NABARD
B. Reserve Bank of India
C. State Bank of India
D. All of the above
 

A. NABARD

9. Head office of World Trade Organisation is located in ____.

A. Paris
B. Geneva
C. New York
D. New Delhi

B. Geneva

10. India's Balance of Trade is not favourable because of

A. Increase in export
B. Increase in import
C. Decrease in import
D. More increase in import than export

D. More increase in import than export

11. Which bank supplies long term loan to farmers ?

A. Regional Rural Bank
B. District Central Co-operative Bank
C. Urban Bank
D. Land Development Bank
 

D. Land Development Bank

12. Social control on Commercial Banks was introduced in India from year _______.

A. 1951
B. 1967
C. 1980
D. 1982

B. 1967

13. When fourteen big banks were nationalised ?

A. 19 July 1969
B. 15 June 1980
C. 1 January 1953
D. 10 March 1952

A. 19 July 1969

14. When was NABARD established ?

A. 1982
B. 1980
C. 1985
D. 1986

A. 1982

15. Which main bank finance the industrial sector ?

A. RBI
B. IDBI
C. EXIM Bank
D. NABARD

B. IDBI