This GK General Knowledge quiz covers SSC question answer like: Which state hosted the first- ever North East Development Summit (NEDS) 2017? The Peshwa who engineered the capture of Salsette and Bassein from the Portuguese in 1739 wasWhat is the current repo rate in the 5th bi-monthly Monetary Policy Review (MPR) of RBI for 2017-18? What is the current Fund transaction limit under Unified Payments Interface (UPI)? Once a Budget has been presented in the Parliament, the government has to get all money bills related to the union budget passed within __? Which among the following was the ONLY session of Indian National Congress that was presided by Mahatma Gandhi? Makhan Lal Fotedar, who passed away recently, was the political leader of which party? The policy announcement of “progressive realization of responsible Government in India as an integral part of the British Empire” was embedded in __: Rabindranath Tagore got Knighthood in the year:Who has been selected for ‘SERB Distinguished Fellow’ award by the Science and Engineering Research Board (SERB)? GK quiz set 749 – general knowledge MCQ type to improve your confidence. GK Quiz for SSC, IAS, UPSC, PSC, IBPS and other exams.

Which state hosted the first- ever North East Development Summit (NEDS) 2017?

  1. Nagaland
  2. Manipur
  3. Tripura
  4. Arunachal Pradesh

Correct answer is option B i.e. Manipur
Explanation:

The first- ever North East Development Summit (NEDS) 2017 was inaugurated by President of India Ram Nath Kovind in Imphal, Manipur, which was held on November 21-22, 2017. The NEDS 2017 was jointly organized by Manipur State Government in collaboration with Union Commerce Ministry and India Foundation. The main purpose of this summit was to showcase the economic potential and to attract investments in food processing, bamboo industry, real estate and other businesses within the state. During the course of this Summit, approx 20 Memorandum of Understandings (MoUs) were signed between various Departments of Manipur State Government and National and International Companies/Investors. Approx 175 delegates including various foreign delegates attended the event.

The Peshwa who engineered the capture of Salsette and Bassein from the Portuguese in 1739 was
  1. Balaji Vishwanath
  2. Baji Rao I
  3. Baji Rao II
  4. Madhava Rao

Correct answer is option B

What is the current repo rate in the 5th bi-monthly Monetary Policy Review (MPR) of RBI for 2017-18?

  1. 6.25%
  2. 5.75%
  3. 6.7%
  4. 6.0%

Correct answer is option D i.e. 6.0%
Explanation:

The Reserve Bank of India (RBI) has kept the key interest rate “repo rate” unchanged at 6% and reverse repo at 5.75% in its fifth bi-monthly monetary policy review for the year 2017-18 on December 6, 2017, as it feared that inflation may top the central bank’s medium-term target of 4%. It also maintained its neutral policy stance. Consequently, the Marginal Standing Facility (MSF) rate and the Bank Rate remained at 6.25%. The central bank has raised inflation forecast to 4.3-4.7% in third and fourth quarters of current fiscal and kept the economic growth forecast “Gross Value Added (GVA)” unchanged at 6.7%.

What is the current Fund transaction limit under Unified Payments Interface (UPI)?
  1. Rs. 50,000
  2. Rs. 100,000
  3. Rs. 200,000
  4. Rs. 20,000

Correct answer is option B i.e. Rs. 100,000
Explanation:
Under UPI, the current Fund transaction limit is Rs. 1 lakh per transaction and most of the banks charge zero transactions cost.
Once a Budget has been presented in the Parliament, the government has to get all money bills related to the union budget passed within __?
  1. 30 Days
  2. 60 Days
  3. 75 Days
  4. 90 Days

Correct answer is option C i.e. 75 Days
Explanation:
As per rules, government has to get all money bills related to the union budget passed within 75 days of the presentation of the budget.

Which among the following was the ONLY session of Indian National Congress that was presided by Mahatma Gandhi?

  1. Amaravati
  2. Belgaum
  3. Nagpur
  4. Karachi

Correct answer is option B i.e. Belgaum
Explanation:

Gandhiji became the president of Indian National Congress in 1924 at the Belgaum session of Indian National Congress.

Makhan Lal Fotedar, who passed away recently, was the political leader of which party?

  1. Bharatiya Janata Party
  2. Indian National Congress
  3. Bahujan Samaj Party
  4. Communist Party of India

Correct answer is option B i.e. Indian National Congress
Explanation:

Makhan Lal Fotedar (85), a veteran Congress leader, has passed away in Gurugram, Haryana on September 28, 2017. Hailing from Kashmir, Fotedar was ushered into politics by Jawaharlal Nehru in early 1950s and he gradually strengthened his position in the Congress to become one of the most powerful persons in the party. He enjoyed immense trust of Indira Gandhi who had made him her political secretary in 1980. After her death, Rajiv Gandhi also made him his political secretary for three years, before inducting him in his Cabinet as a minister. Fotedar also was a member of the powerful Congress Working Committee (CW), the highest decision-making body of the party, for a long time. Even now, he was a permanent invitee to the CWC. He was also a leader of the Kashmiri Pandits.

The policy announcement of “progressive realization of responsible Government in India as an integral part of the British Empire” was embedded in __:

  1. Montagu-Chelmsford Report
  2. Motilal Nehru Report
  3. Hartog Committee Report
  4. Cabinet Mission Report

Correct answer is option A i.e. Montagu-Chelmsford Report

Rabindranath Tagore got Knighthood in the year:

  1. 1910
  2. 1915
  3. 1920
  4. 1925

Correct answer is option B i.e. 1915
Who has been selected for ‘SERB Distinguished Fellow’ award by the Science and Engineering Research Board (SERB)?
  1. Lalji Singh
  2. Dinakar Salunke
  3. P B Behere
  4. J C Bose

Correct answer is option A i.e. Lalji Singh
Explanation:
Dr. Lalji Singh, who served as dDirector of Centre for Cellular and Molecular Biology (CCMB) and vice-chancellor of Banaras Hindu University (BHU), has been selected for ‘SERB Distinguished Fellow’ award by the Science and Engineering Research Board (SERB), a statutory body of Government of India. The SERB has instituted ‘Distinguished SERB Fellowship Award’ to support research of eminent scientists active even after superannuation. The award carries an amount of Rs. 60,000 per month and a research grant of Rs. 5 lakh. The research grant is for three years and is extendable for a further two years. Currently, Lalji Singh runs the ‘Genome Foundation’, a non-profit company in Hyderabad.