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 .
India's imports during April-December 2018-19 have been
A)
US $ 386.65 billion
B)
US $ 406.33 billion
C)
US $ 416.65 billion
D)
US $ 430.10 billion

Correct Answer :   US $ 386.65 billion

Published On : May 22, 2021
2 .
The monetary measure of the volume of ods and services produced, within the boundaries of the state, during a given period of time, accounted without duplication is known as
A)
National Income
B)
Gross National Product
C)
Gross State Domestic Product
D)
Net State Product

Correct Answer :   Gross State Domestic Product

Published On : May 22, 2021
3 .
In National Income (NI) accounts, Personal Income (PI) is defined as
A)
NI - undistributed profits - corporate tax + transfer payments to the households from the government and firms
B)
NI - undistributed profits - net interest payments made by households - corporate tax + transfer payments to the households from the government and firms
C)
Undistributed profits - net interest payments made by households + transfer payments to the households from the government and firms
D)
Undistributed profits - net interest payments made by households - corporate tax

Correct Answer :   NI - undistributed profits - net interest payments made by households - corporate tax + transfer payments to the households from the government and firms

Published On : May 22, 2021
4 .
Which of the following banks emerged as the top performer in EASE (Enhanced Access and Service Excellence) reform index 2018?
A)
State Bank of India
B)
Punjab National Bank
C)
Bank of Baroda
D)
Oriental Bank of Commerce

Correct Answer :   Punjab National Bank

Published On : May 22, 2021
5 .
Which one of the following statements does not apply to the system of Subsidiary Alliance introduced by Lord Wellesley ?
A)
To maintain a large standing army at other's expense
B)
To keep India safe from Napoleonic danger
C)
To secure a fixed income for the Company
D)
To establish British paramountcy over the Indian States

Correct Answer :   To secure a fixed income for the Company

Published On : May 22, 2021
6 .
Which of the following statements is/ are incorrect about World Bank's Ease of Doing Business Ranking 2019 ?
A)
A busines can be set up in a few hours in New Zealand
B)
Slovenia is the cheapest place to get a business up and running
C)
The US and South Korea were the only countries in the top 10 with a lower score in 2019 than last year
D)
China's rank in 2019 is in the gorup of 50-100 rank

Correct Answer :   China's rank in 2019 is in the gorup of 50-100 rank

Published On : May 22, 2021
7 .
Which of the following money transfer modes has the lowest daily transfer limit ?
A)
Unified Payments Interface
B)
National Electronic Funds Transfer
C)
Immediate Payment Service
D)
Real Time Gross Settlement

Correct Answer :   Unified Payments Interface

Published On : May 22, 2021
8 .
Per capita income of India at constant prices (Base year 2011-12) in 2017-18 is
A)
Rs. 86668
B)
Rs. 82229
C)
Rs. 77826
D)
Rs. 72805

Correct Answer :   Rs. 86668

Published On : May 22, 2021
9 .
Which of the following statements is not valid in the case of an economy suffering from deflation ?
A)
Floating-rate savers are adversely affected
B)
Bonds enjoy a bull market
C)
Fixed rate borrowers are benefited
D)
Companies tend to spend less on new capital stock

Correct Answer :   Fixed rate borrowers are benefited

Published On : May 22, 2021
10 .
Which one of the following countries has officially recognized Bitcoin as a legal payment method since Ist April, 2017 ?
A)
Japan
B)
China
C)
India
D)
USA

Correct Answer :   Japan

Published On : May 22, 2021
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