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GA MCQs: 07 Aug 2019

2 weeks ago 0 comments

Dear Aspirants,
Lots of Examinations are scheduled in the upcoming days or months, so, all of you must have to prepare vigorously for getting Success this year. Remember always, only an uninterrupted preparation will award you your Ultimate Goal of getting the dream job. All of you must have to continue your preparation to grab the various opportunities if you did not start yet then kick start from now as “Time & Tide wait for none”. Don’t wait for the result. Keep preparing always, then can only you will be able to achieve Success.
So, for boosting your preparation, we are providing you with the General/Economy/Banking/Current Awareness MCQs which are in News on the daily basis. Here, the Daily GA MCQs of the day.

1. John Flint stepped down as the chief executive officer of which of the following banks recently?

1) HSBC
2) CITI Bank
3) American Express
4) Barclays
5) Bank of England

2. The Reserve Bank of India (RBI) cut the repo rate by 35 basis points in the third bi- monthly monetary policy review recently. Now, the new repo rate is

1) 5 per cent
2) 5.20 per cent
3) 5.40 per cent
4) 5.60 per cent
5) 5.75 per cent

3. Sushma Swaraj passed away recently. She served as the Cabinet Minister in which of the following ministries in the first term of the Narendra Modi govt?

1) Ministry of Home Affairs
2) Ministry of External Affairs
3) Ministry of Defence
4) Ministry of Information and Broadcasting
5) Ministry of Human Resource Development

4. The retail inflation is projected at what per cent for the second quarter of the fiscal year 2019-20 in the third bi-monthly monetary policy review of the RBI?

1) 2.5 per cent
2) 2.7 per cent
3) 2.9 per cent
4) 3.1 per cent
5) 3.3 per cent

5. India contributed what amount to the UN Palestine refugee agency recently?

1) USD 1 million
2) USD 2 million
3) USD 3 million
4) USD 4 million
5) USD 5 million

6. The monetary policy committee (MPC) of the RBI has cut the real gross domestic product (GDP) growth for 2019-20 to what per cent in the third bi-monthly monetary policy review?

1) 6.1 per cent
2) 6.3 per cent
3) 6.5 per cent
4) 6.7 per cent
5) 6.9 per cent

7. The Reserve Bank of India has announced that the National Electronic Funds Transfer (NEFT) facility will be available round-the-clock for the customers from

1) September 2019
2) December 2019
3) January 2020
4) April 2020
5) June 2020

8. The reserve bank of India (RBI) targets to achieve the medium-term target for consumer price index (CPI) inflation of what per cent within a band of +/- 2 per cent?

1) 3 per cent
2) 3.5 per cent
3) 4 per cent
4) 4.5 per cent
5) 5 per cent

9. What is the marginal standing facility (MSF) rate and the Bank Rate at present? 

1) 5.15 per cent
2) 5.25 per cent
3) 5.35 per cent
4) 5.45 per cent
5) 5.65 per cent

10. After the third bi-monthly Monetary Policy Statement of the RBI for 2019-20, the reverse repo rate under the liquidity adjustment facility (LAF) stands revised to

1) 4.40 per cent
2) 4.75 per cent
3) 5 per cent
4) 5.15 per cent
5) 5.25 per cent

Answers:
  1. 1
  2. 3
  3. 2
  4. 4
  5. 5
  6. 5
  7. 2
  8. 3
  9. 5
  10. 4
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