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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 Employees State Insurance Act is applicable to all those factories which employ
A)
5 or more employees
B)
10 or more employees
C)
15 or more employees
D)
20 or more employees

Correct Answer : Option (B) - 10 or more employees

Published On : May 20, 2021
2 .
Which one of the following is not a sub-index of the World Bank's Ease of Doing Business Index?
A)
Maintenance of law and order
B)
Paying taxes
C)
Registering property
D)
Dealing with construction permits

Correct Answer : Option (A) - Maintenance of law and order

Published On : May 20, 2021
3 .
Which of the following is not an instrument of money market?
A)
Certificate of deposits
B)
Commercial paper
C)
National Saving Certificate
D)
Treasury Bills

Correct Answer : Option (C) - National Saving Certificate

Published On : May 20, 2021
4 .
Improvement of profit volume ratio can be done by the following
A)
Increasing selling price
B)
Altering sales mixture
C)
Reducing Variable cost
D)
All of the above

Correct Answer : Option (D) - All of the above

Published On : May 20, 2021
5 .
Base year for the estimation of national income is
A)
2010-11
B)
2011-12
C)
2012-13
D)
2013-14

Correct Answer : Option (B) - 2011-12

Published On : May 20, 2021
6 .
According to Reserve Bank of India guidelines, the deadline for Indian Banks to meet capital requirements under the Basel III norms is
A)
31st March, 2018
B)
31st March, 2019
C)
31st March, 2020
D)
31st March, 2021

Correct Answer : Option (B) - 31st March, 2019

Published On : May 20, 2021
7 .
Group Insurance is a plan of insurance which covers a similar or homogeneous group of individual under a single policy called the
A)
Master Policy
B)
Commercial policy
C)
Mutual Insurance Policy
D)
None of those given as options

Correct Answer : Option (A) - Master Policy

Published On : May 20, 2021
8 .
Surge pricing takes place when a service provider
A)
fixes an average price on the basis of transactions carried over a day
B)
fixes a minimum price for its service
C)
raises the price of its product or service as demand outstrips supply
D)
follows preset prices immune to demand and supply dynamics

Correct Answer : Option (C) - raises the price of its product or service as demand outstrips supply

Published On : May 20, 2021
9 .
The Currency Chests are store houses where bank notes and rupee coins are clocked on behalf of
A)
Public Sector Banks
B)
State Bank of India
C)
Reserve Bank of India
D)
Scheduled Banks

Correct Answer : Option (C) - Reserve Bank of India

Published On : May 20, 2021
10 .
When was the State Bank of India established?
A)
1954
B)
1955
C)
1956
D)
1957

Correct Answer : Option (B) - 1955

Published On : May 20, 2021