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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 .
The biggest advantage of regular interaction between officers and sub-ordinates in an organisation is
A)
It satisfies the sub-ordinates
B)
It results in decrement group relations
C)
It facilitates effective decision making
D)
It discourages the sub-ordinates

Correct Answer :   It facilitates effective decision making

Published On : May 20, 2021
2 .
The measurement of poverty line in India is based on the criteria of
A)
Dwelling houses
B)
Nature of employment
C)
Level of education
D)
Calorie consumption

Correct Answer :   Calorie consumption

Published On : May 20, 2021
3 .
Which of the following institutions introduced the concept of reverse mortgage loans ?
A)
NHB
B)
RBI
C)
SBI
D)
None of the above

Correct Answer :   NHB

Published On : May 20, 2021
4 .
The main target group for SIP Schemes are
A)
All HNIs
B)
All NRIs
C)
All Salaried persons
D)
All agriculturists

Correct Answer :   All Salaried persons

Published On : May 20, 2021
5 .
Dynamic Daily Pricing model has been adopted in the pricing of
A)
Dairy products at Mother Dairy outlets
B)
Petroleum Products mainly petrol and diesel
C)
Consumer non durables in Big Bazar
D)
None of the above

Correct Answer :   Petroleum Products mainly petrol and diesel

Published On : May 20, 2021
6 .
Monopoly equilibrium can be reached when
A)
Marginal cost is rising
B)
Marginal cost is falling
C)
Marginal cost is remaining constant
D)
All of the above

Correct Answer :   All of the above

Published On : May 20, 2021
7 .
The size of a monopolist's plant and the degree of utilisation of any given plant size, depend entirely on the
A)
Factor price
B)
Market Supply
C)
Market demand
D)
Price of the good

Correct Answer :   Market demand

Published On : May 20, 2021
8 .
The value of σ for Cobb-Douglas production function is
A)
-1
B)
0
C)
1
D)
∞

Correct Answer :   1

Published On : May 20, 2021
9 .
In perfect competition, there is a process of
A)
Semi-free exit but absolute free entry
B)
Free entry and free exit of the firms
C)
Restricted entry and exit of the firms
D)
Free entry but restricted exit of the firms

Correct Answer :   Free entry and free exit of the firms

Published On : May 20, 2021
10 .
On an indifference map, higher indifference curves show
A)
The higher level of utility
B)
The optimum level of satisfaction
C)
The same lower level of satisfaction
D)
Levels of satisfaction among which the consumer is indifferent

Correct Answer :   The higher level of utility

Published On : May 20, 2021