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 .
Measures of distribution of income
A)
Lorenz Curve
B)
Philip Curve
C)
Marshall Curve
D)
Lafer Curve

Correct Answer :   Lorenz Curve

Published On : May 20, 2021
2 .
Which one of the following will not have a direct impact on human capital formation?
A)
Education
B)
Training
C)
Medical care
D)
Irrigation

Correct Answer :   Irrigation

Published On : May 20, 2021
3 .
Which of the following is not a production tax?
A)
Stamp duties
B)
Registration fees
C)
Land revenue
D)
Import Duties

Correct Answer :   Import Duties

Published On : May 20, 2021
4 .
The new base year adopted by CSO for releasing GDP data is
A)
2009-10
B)
2010-11
C)
2011-12
D)
2014-15

Correct Answer :   2011-12

Published On : May 20, 2021
5 .
In which year did UNO adopt a definition of absolute poverty?
A)
1994
B)
1995
C)
1996
D)
1997

Correct Answer :   1995

Published On : May 20, 2021
6 .
Inflation is measured by which index in India?
A)
CPL (Consumer Price Index)
B)
WPI (Whole price Index)
C)
GDP (Gross Domestic Product)
D)
IIP (Index of Industrial Production)

Correct Answer :   CPL (Consumer Price Index)

Published On : May 20, 2021
7 .
The Indian Coins are minted at the four Indian Government Mints, which of the following is 'not' one of them?
A)
India Government Mint, Hyderabad (Telangana)
B)
India Government Mint, Kolkata (West Bengal)
C)
India Government Mint, Nasik (Maharashtra)
D)
India Government Mint, Mumbai (Maharashtra)

Correct Answer :   India Government Mint, Nasik (Maharashtra)

Published On : May 20, 2021
8 .
What is meant by price discrimination?
A)
Subsidization of a product by the Government to sell it at a lower price
B)
Increase in price of a commodity over time
C)
General decrease in price of a commodity over time
D)
A situation where the same product is sold to different consumers for different prices

Correct Answer :   A situation where the same product is sold to different consumers for different prices

Published On : May 20, 2021
9 .
A demand curve is a boundary concept because it shows
A)
The maximum quantity and the minimum price
B)
The minimum price and minimum quantity
C)
The maximum price and minimum quantity
D)
Both price and quantity is maximum

Correct Answer :   The maximum quantity and the minimum price

Published On : May 20, 2021
10 .
Under monopoly the supply curve is absent because
A)
There is no entry for others
B)
Equilibrium involves MC = MR and MC
C)
The monopolist always makes profit
D)
The monopolist controls the supply

Correct Answer :   Equilibrium involves MC = MR and MC

Published On : May 20, 2021
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