Practice Static GA Questions and Answers

• Capital city of Uruguay is
• Currency of Cuba is 
• First country to switch off its FM radio Network? 
• __________ will host the National games 2022?
• Ryder cup is associated with_______________
• Headquarter of North Atlantic Treaty Organisation (NATO) is at 
• Currency of Belgium is 
• Who is the author of ‘The Ministry of Utmost Happiness’?
• Okhla Bird Sanctuary is situated in which of the following state?
• Vikas Gowda is related to 
• What is the full form of QIP? 
• Kargil Vijay Divas is observed on
• Longest Lake in India is in the state ________________
• The Five year plan which recognised human development as the core of all development efforts?
• Arrange the following plans in the ascending order (years first)? 1. Peoples plan 2. Gandhian Plan 3. Sarvodaya plan 4. Bombay plan 
• Match List 1 with list 2 and select the correct answer wrt ABCD.   A. Swaminatham Committee – 1. Reform in Economic fields B. Rangarajan Committee �...
• The Headquarters of the World’s largest association of Football, International Federation of Football Association (FIFA) is in
• GIS stands for
• The second most number of times budget was presented by 
• National Sports Day is celebrated on which of the Following Day?
• Bombay Stock exchange came into existence in the year
• The Indian Ocean Rim Association (IORA) was first established in which of the following country?
• Which of the following committee was formed to assess the functioning of the Indian Monetary System (1985)?
• Which of the following International Organisation does not have its headquarter at London, UK?
• Printing currency is a function of a bank
• Fiat Money is backed by government guarantee 
• 1 dollar note with you when you are in India is a Fiat Money 
• In 1955 government of India took the majority ownership of SBI      
• Eight regional banks were made subsidiary of SBI in 1960 as per State Bank of India (Subsidiary Banks) Act 1959.
• RBI was a privately held bank before 1949
• Usha Thorat committee recommended to close the Lead Bank Scheme
•   After nationalisation bank deposit increased due to increased public confidence in the banks as the majority ownership was transferred to the respec...
• ICICI Bank was constituted as first Universal Bank in India
• Increased competition by bringing more private sector banks and foreign banks, reduced the share of Public Sector Banks in total loans.
• CRR and SLR were increased as a part of banking sector reforms 
• Financial regulation refers to policy making and financial supervision is continuous monitoring of the performance
• Before the Payment and settlement Act of 2007, all payments were regulated by the Finance Ministry directly
• Forward contact is a type of derivative which is publically traded 
• Forwards contract can be reversed only with the same counter-party with whom it was entered into
• Interest rate can also be understood as the opportunity cost of consuming now rather than saving and investing