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  • SBI Clerk Exam General Awareness Study Material

Digitization help student to explore and study their academic courses online, as this gives them flexibility and scheduling their learning at their convenience. Kidsfront has prepared unique course material of General Awareness Financial Awareness for SBI Clerk Exam student. This free online General Awareness study material for SBI Clerk Exam will help students in learning and doing practice on Financial Awareness topic of SBI Clerk Exam General Awareness. The study material on Financial Awareness, help SBI Clerk Exam General Awareness students to learn every aspect of Financial Awareness and prepare themselves for exams by doing online test exercise for Financial Awareness, as their study progresses in class. Kidsfront provide unique pattern of learning General Awareness with free online comprehensive study material and loads of SBI Clerk Exam General Awareness Financial Awareness exercise prepared by the highly professionals team. Students can understand Financial Awareness concept easily and consolidate their learning by doing practice test on Financial Awareness regularly till they excel in General Awareness Financial Awareness.


Financial Awareness
The decline of Indian Handicrafts industry in the 19th century was attributed to

a) Competition from British manufacturing industries only
b) Disappearance of Indian Princely Courts only
c) Establishment of alien rule only
d) All of the above



Answer
Solution
Correct Answer Is : All of the above
Solution Is : The decline of Indian Handicrafts industry in the 19th century was attributed to competition from British manufacturing industries only, disappearance of Indian Princely Courts only and establishment of alien rule only.
When was the Minimum Wages Act enacted in India ?

a) 1936
b) 1948
c) 1951
d) 1956



Answer
Solution
Correct Answer Is : 1956
Solution Is : The Minimum Wages Act enacted in India was 1956.
Which one of the following does not deal with export promotion ?

a) Trade Development Authority
b) Minerals and Metals Trading Corporation
c) Cooperative Marketing Societies
d) State Trading Corporation of India



Answer
Solution
Correct Answer Is : Cooperative Marketing Societies
Solution Is : Cooperative Marketing Societies does not deals with export promotion.
Which of the following sets belongs to Central tax ?

a) Excise duty, Sales tax and Custom duty
b) Excise duty, Custom duty and Income tax
c) Income tax, Custom duty and House tax
d) Custom duty, Entertainment tax and Income tax



Answer
Solution
Correct Answer Is : Excise duty, Custom duty and Income tax
Solution Is : Excise duty, Custom duty and Income tax are belongs to Central tax .
Which one of the following is not an objective of fiscal policy in India ?

a) Full employment
b) Price stability
c) Equitable distribution of wealth and incomes
d) Regulation of international trade



Answer
Solution
Correct Answer Is : Regulation of international trade
Solution Is : Regulation of international trade is not an objective of fiscal policy in India.
In which market situation is the demand curve of the market represented by the demand curve of the firm ?

a) Monopoly
b) Oligopoly
c) Duopoly
d) Perfect competition



Answer
Solution
Correct Answer Is : Monopoly
Solution Is : In Monopoly , market structure is the demand curve of the market represented by the demand curve of the firm.
`Mixed Farming` means

a) Sowing of both cash and food crops
b) Sowing of two or more crops in the same field
c) Sowing of two or more plants in alternative years
d) Rearing of cattle and agriculture



Answer
Solution
Correct Answer Is : Sowing of two or more crops in the same field
Solution Is : Mixed farming ` means sowing of two or more crops in the same field
Which of the following is deducted from NNP arrive at NI ?

a) Indirect tax
b) Capital consumption allowance
c) Subsidy
d) Interest



Answer
Solution
Correct Answer Is : Indirect tax
Solution Is : Indirect tax is deducted from NNP arrive at NI.
The following tables shows the prodection of food grains (in millian tonnes) in a State for the period 1988 10 1992. Read the table and answer the qustions.

During the 1992, the percentage of increase in the prodection of wheat, over the previous year was

a) 0.2647
b) 0.2092
c) 0.2367
d) 0.1874



Answer
Solution
Correct Answer Is : 0.2647
Solution Is : The required percentage = 180*100/680 =26.47%
The Five year plan that gave priority to heavy industry was

a) Second
b) First
c) Seventh
d) Fourth



Answer
Solution
Correct Answer Is : Second
Solution Is : Second Five year plan focused on industry, especially on heavy industries. The duration of second five year plan was 1956-61. Hydroelectic power projects and 5 steel plants were set up at Bhillai (Chhattisgarh), Durgapur (Paschim Banga) and Rourkela (Odisha).
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