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General Knowledge(GK) (or) General Awareness

Welcome to the General Knowledge Section of Free Time Learning. As we are aware General Knowledge (GK) is a very important area in all the competitive exams held in the country. Nowadays, a good knowledge of general awareness is very important in clearing any competitive and government recruitment examinations.

These General Knowledge Question are very important and usefull to UPSC, IAS/PCS, UPPSC, IBPS, SBI, RBI, SSC, CGL, Railway, APPSC, TSPSC, KPSC, TNPSC, TPSC, UPPSC, MPSC, RPSC, BPSC, MPPSC, UKPSC, MPSC, and other competitive exams.

1 .
Number of micro, small and medium enterprises (MSME) in 2016-17 was
A)
5.53 crore
B)
5.53 lakh
C)
2.53 lakh
D)
2.53 crore

Correct Answer :   5.53 lakh

Published On : May 21, 2021
2 .
The Reserve Bank of India defines narrow money as
A)
CU (currency notes + coins) + DD (net demand deposits held by commercial banks)
B)
CU + DD + saving deposits with post office savings banks
C)
CU + DD + net time deposits of commercial banks
D)
CU + DD + net time deposits of commercial banks + total deposits of post offices

Correct Answer :   CU + DD + saving deposits with post office savings banks

Published On : May 21, 2021
3 .
Which of the following statements is incorrect about an insurance policy bought under the 'Married Woman's Property' (MWPA)?
A)
It insures a property of a married woma
B)
Divorcees can purchase one for the benefit of their children
C)
Beneficiaries named once, cannot be changed later
D)
Any life insurance policy can be converted to one by filling an addendum at the time of the application

Correct Answer :   It insures a property of a married woma

Published On : May 21, 2021
4 .
A 'PAN' has initially a five-alphabet series like AFZPK 7190 K. Here P stands for
A)
firm
B)
hindu undivided family
C)
association of persons
D)
individual

Correct Answer :   individual

Published On : May 21, 2021
5 .
The term 'revealed preference' was introduced in the book by
A)
Foundations of Economic Analysis
B)
Affluent Society
C)
Das Capital
D)
None of the above

Correct Answer :   Foundations of Economic Analysis

Published On : May 21, 2021
6 .
Who is called the father of Economics ?
A)
P. Samuelson
B)
Joel Dean
C)
Adam Smith
D)
None of the above

Correct Answer :   Adam Smith

Published On : May 21, 2021
7 .
Utility theory is not able to explain the reason for
A)
Giffen goods
B)
Normal goods
C)
Inferior goods
D)
Precious product

Correct Answer :   Giffen goods

Published On : May 21, 2021
8 .
The concept of imperfect competition was developed by
A)
Mrs. Lillian Gilbreth
B)
Joan Robinson
C)
Marshall
D)
Jevons

Correct Answer :   Joan Robinson

Published On : May 21, 2021
9 .
Kisan Credit Cards are issued to
A)
All the categories of farmers
B)
Persons engaged in fisheries
C)
Persons engaged in animal husbandry
D)
All of the above

Correct Answer :   All of the above

Published On : May 21, 2021
10 .
Which of the following is an alternative currency which has popularized the concept of smart contract?
A)
Dash
B)
Digital Note
C)
Bitcoin
D)
Ethereum

Correct Answer :   Ethereum

Published On : May 21, 2021