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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 .
Where was electricity supply first introduced in India
A)
Kolkata
B)
Mumbai
C)
Darjeeling
D)
Chennai

Correct Answer :   Darjeeling

Published On : May 18, 2021
2 .
The main source of National Income in India is
A)
Service Sector
B)
Agriculture
C)
Industrial Sector
D)
Trade Sector

Correct Answer :   Service Sector

Published On : May 18, 2021
3 .
The term stagflation refers to a situation where ?
A)
Growth has no relation with the change in prices
B)
Rate of growth is faster than the rate of price increase
C)
Rate of growth is slower than the rate of price increase
D)
Rate of growth and prices both are decreasing

Correct Answer :   Rate of growth is slower than the rate of price increase

Stagflation is a blend of stagnation (in economic growth) and inflation (rise in prices).

Published On : May 18, 2021
4 .
MODVAT is related to
A)
Sales Tax
B)
Income Tax
C)
Wealth Tax
D)
Excise Tax

Correct Answer :   Excise Tax

Published On : May 18, 2021
5 .
In India, the state known for its sandalwood is
A)
Karnataka
B)
Assam
C)
Kerala
D)
West Bengal

Correct Answer :   Karnataka

Published On : May 18, 2021
6 .
In India national, National Income is calculated by the method which is known as
A)
the product method
B)
the expenditure method
C)
the combined method
D)
the income method

Correct Answer :   the combined method

Published On : May 18, 2021
7 .
The minimum forest cover to maintain ecological balance in the plains is
A)
25%
B)
33%
C)
40%
D)
50%

Correct Answer :   33%

Published On : May 18, 2021
8 .
In case of monopoly, a firm in the long run can have
A)
Loss
B)
Profit
C)
Break even
D)
All of these

Correct Answer :   All of these

Published On : May 18, 2021
9 .
Price elasticity is computed by
A)
ep = (((Q2- Q1) / Q1 ) / P1) X 100
B)
ep = ((Q2- Q1) / Q1 ) / ((P2 - P1) / P1)
C)
ep = (((Q2- Q1) / Q1 ) / Product) X 100
D)
ep =( (P1 - P2) / Q1 ) X ((P1+P2) / Q2)

Correct Answer :   ep = ((Q2- Q1) / Q1 ) / ((P2 - P1) / P1)

Published On : May 18, 2021
10 .
The equilibrium is unstable and indeterminate under
A)
Edgeworth model
B)
Pareto Model
C)
Sweezy Model
D)
Cournot Model

Correct Answer :   Edgeworth model

Published On : May 18, 2021