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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 .
In Germany, the term 'Black Zero' is referred to as
A)
Loss making Start-Ups
B)
Profitable zero-debt companies
C)
Balanced Budget
D)
Tainted Companies

Correct Answer : Option (C) - Balanced Budget

Published On : May 19, 2021
2 .
A tax-exempt bond, issued by federally qualified organizations or by municipalities for the development of brownfield sites, is known as
A)
Masala Bond
B)
Climate Bond
C)
Green Bond
D)
Social Impact Bond

Correct Answer : Option (C) - Green Bond

Published On : May 19, 2021
3 .
Which of the following is the correct statement regarding the new Open Acreage Licensing Policy for Oil and Gas Exploration?
A)
It allows bidders to carve out areas where they want to drill
B)
It prohibits licensing policy for oil exploration
C)
It allows oil and gas exploration
D)
It prohibits licensing policy for gas exploration

Correct Answer : Option (A) - It allows bidders to carve out areas where they want to drill

Published On : May 19, 2021
4 .
Where is the headquarters of Credit Saison India, which has received a non-banking financial company (NBFC) licence from the Reserve Bank of India?
A)
New Delhi
B)
Kolkata
C)
Bengaluru
D)
Patna

Correct Answer : Option (C) - Bengaluru

Published On : May 19, 2021
5 .
Cartels is a form of
A)
Monopoly
B)
Collusive oligopoly
C)
Non-Collusive oligopoly
D)
None of the above

Correct Answer : Option (B) - Collusive oligopoly

Published On : May 19, 2021
6 .
Demand Analysis includes :
A)
Demand Forecasting
B)
Demand Differentials
C)
Demand Determinations
D)
All of the above

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

Published On : May 19, 2021
7 .
Efficient allocation of resources is achieved to greatest extent under
A)
Monopoly
B)
Oligopoly
C)
Perfect competition
D)
Monopolistic competition

Correct Answer : Option (C) - Perfect competition

Published On : May 19, 2021
8 .
At elasticity of one, marginal revenue is equal to
A)
zero
B)
zero
C)
infinity
D)
none

Correct Answer : Option (B) - zero

Published On : May 19, 2021
9 .
Market with one buyer and one seller is called
A)
Bilateral Monopoly
B)
Monopsony
C)
Monopoly
D)
None of the above

Correct Answer : Option (A) - Bilateral Monopoly

Published On : May 19, 2021
10 .
Which of the following Prime Ministers of India, is regarded as the Father of Economic Reforms?
A)
Rajiv Gandhi
B)
P. V. Narshimha Rao
C)
Atal Bihari Vajpayee
D)
Manmohan Singh

Correct Answer : Option (B) - P. V. Narshimha Rao

Era of LPG (Liberalisation, Privatisation and Globalisation) was started in India in 1992, during the Prime Minister ship of P.V. Narsimha Rao. Dr. Manmohan Singh was the Finance Minister at that time.

Published On : May 19, 2021