RBI Grade B – February GA Quiz – 2

Here is the General Awareness Quiz no 2 in February Quiz series for RBI grade B.

1. Government proposed to establish Ekalavya Residential School in each tribal block by which year?
   1. 2019
   2. 2020
   3. 2021
   4. 2022
2. What is the fiscal deficit target for year 2018-19?
   1. 2%
   2. 3%
   3. 4%
   4. 5%
3. How many prominent sites to be developed as Iconic tourist destinations?
   1. 10
   2. 15
   3. 20
   4. 25
4. Which organization will initiate a national programme on Artificial Intelligence(AI)?
   1. DRDO
   2. ISRO
   3. NIC
   4. NITI Aayog
   
5. 100 percent deduction proposed to companies registered as Farmer Producer Companies with an annual turnover upto what amount?
   1. 50 crore
   2. 80 crore
   3. 100 crore
   4. 150 crore
6. Government proposed to reduce corporate tax rate to 25% for companies reporting turnover upto?
   1. 150 crore
   2. 200 crore
   3. 250 crore
   4. 100 crore
7. Under section 80D, hike in deduction limit for health insurance premium and/ or medical expenditure from Rs. 30,000 to what amount has been proposed?
   1. 40,000
   2. 50,000
   3. 60,000
   4. 65,000
8. Under Pradhan Mantri Vaya Vandana Yojana, the current investment limit has been increased to?
   1. Rs 15 lakh
   2. Rs 10 lakh
   3. Rs 7.5 lakh
   4. None of above
9. Payment in cash to trusts and institutions exceeding what amount has been disallowed?
   1. Rs 5,000
   2. Rs 8,000
   3. Rs 10,000
   4. Rs 15,000
10. In budget 2018-19, the Tax on Long Term Capital Gains has been introduced. What is the tax rate introduced?
    1. 5%
    2. 10%
    3. 5%
    4. 15%
11. In budget 2018-19, the Tax on Long Term Capital Gains (LTCG) has been introduced. Upto what amount LTCG will not be applicable?
    1. Rs 25,000
    2. Rs 50,000
    3. Rs 75,000
    4. Rs 100,000
12. In budget 2018-19, the government has proposal to introduce tax on distributed income by equity oriented mutual funds at what rate?
    1. 10%
    2. 5%
    3. 15%
    4. 20%
13. In budget 2018-19, the cess on personal income tax and corporation tax has been increased to?
    1. 5%
    2. 4%
    3. 5%
    4. 5%

Answers

1. 4
2. 2
3. 1
4. 4
5. 3
6. 3
7. 2
8. 1
9. 3
10. 2
11. 4
12. 1
13. 2