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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.

A)
Consolidated Fund
B)
Contingency Fund
C)
Private Accounts
D)
Public Accounts

Correct Answer : Option (A) - Consolidated Fund


Published On : May 19, 2021
A)
Ministry of MSMEs
B)
Department of Heavy Industries
C)
Ministry of Steel
D)
Ministry of Road Transport and National Highways

Correct Answer : Option (C) - Ministry of Steel


Published On : May 19, 2021
A)
Net National Income
B)
Gross National Income
C)
Gross National Income
D)
Net National Product

Correct Answer : Option (D) - Net National Product


Published On : May 19, 2021
A)
Goodwill impairment
B)
Expenditure on advertising
C)
Amortisation
D)
Depreciation

Correct Answer : Option (B) - Expenditure on advertising


Published On : May 19, 2021
A)
Product homogeneity
B)
Fairly large number of firms
C)
Independent price-output policy
D)
Co-existence of efficient and inefficient firms

Correct Answer : Option (A) - Product homogeneity


Published On : May 19, 2021
A)
is zero
B)
increase
C)
decrease
D)
is negative

Correct Answer : Option (C) - decrease


Published On : May 19, 2021
A)
Maximise the sales / profit
B)
Share the consumer's surplus
C)
Reduce the welfare of masses
D)
Increase the welfare of masses

Correct Answer : Option (D) - Increase the welfare of masses


Published On : May 19, 2021
A)
The marginal rate of substitution is equal to the ratio of prices of the two goods
B)
Ratio of marginal utilities of the two goods is equal to the ratio of their respective prices
C)
The marginal rate of substitution is decreasing
D)
Ratios of marginal utilities and price of the respective goods are equal

Correct Answer : Option (C) - The marginal rate of substitution is decreasing


Published On : May 19, 2021
A)
Marginal production is zero
B)
Average production is maximum
C)
Marginal production is maximum
D)
Average production is equal to the marginal production

Correct Answer : Option (A) - Marginal production is zero


Published On : May 19, 2021
A)
Sivaraman Working Group
B)
Narasimham Working Group
C)
D.R. Gadgil Working Group
D)
D.R. Mehta Working Group

Correct Answer : Option (B) - Narasimham Working Group


Published On : May 19, 2021