General awareness quiz for RBI grade B May 1st 2018

Here is the General awareness quiz for RBI grade B May 1st 2018 in the quiz series for RBI grade B. This quiz series is also useful for IBPS/SBI PO and clerical exams. The questions covers current affairs, static financial knowledge and other  important topics which can be asked in competitive exams.

1. Which authority has been given the task to determine whether the reduction in tax rates or benefit of input tax credit under GST regime is being passed on to the recipient by way of commensurate reduction in prices?
   1. Competition Commission of India (CCI)
   2. Central Board of Excise and Customs (CBEC)
   3. National Anti-profiteering Authority (NAA)
   4. Central board of Direct Taxes (CBDT)
2. According to World Gold Council’s yearly data for 2017, India is __________ largest consumer of gold in the world?
   1. 1^st
   2. 2^nd
   3. 3^rd
   4. 4^th
3. According to World Gold Council’s yearly data for 2017, who is the largest consumer of gold in the world?
   1. China
   2. India
   3. USA
   4. Australia
4. RBI has hiked the Foreign Portfolio (FPI) investment limit in Central Government Securities to what percentage of outstanding stock for FY 2019?
   1. 5%
   2. 5.5%
   3. 6%
   4. 6.5%
5. RBI has hiked the Foreign Portfolio (FPI) investment limit in Central Government Securities to what percentage of outstanding stock for FY 2020?
   1. 5%
   2. 5.5%
   3. 6%
   4. 6.5%
6. What is FPI investment limit set by RBI in state development loans in terms of %age of outstanding stocks?
   1. 5%
   2. 4%
   3. 3%
   4. 2%
7. Who will be honoured with Dadasaheb Phalke Excellence Award for year 2018 in producer category?
   1. Anushka Sharma
   2. Ekta Kapoor
   3. Aditya Chopra
   4. Anurag Kashyap
8. World Homeopathy Day is observed annually on __________?
   1. 1^st April
   2. 10^th April
   3. 15^th April
   4. 20^th April
9. What was the theme of World Homeopathy Day, 2018?
   1. Enhancing Quality Research in Homeopathy through scientific evidence and rich clinical experiences
   2. Homeopathy as Preventative Medicine
   3. Evolve. Progress. Exploring Science since 40 years
   4. Integrating homoeopathy in health care
10. Which state hosted the first meeting of the NITI Forum for North East – a unit of NITI Aayog?
    1. Nagaland
    2. Tripura
    3. Assam
    4. Meghalaya

Answers

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

You may also like to read: General awareness quiz for RBI grade B April 30th 2018

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