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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 ARDC is now a branch of the
A)
RBI
B)
NABARD
C)
IDBI
D)
SDBI

Correct Answer : Option (B) - NABARD

Published On : July 4, 2020
2 .
In the second nationalization of commercial banks, ___ banks were nationalized.
A)
4
B)
5
C)
6
D)
7

Correct Answer : Option (C) - 6

Published On : July 4, 2020
3 .
Paper currency first started in India in
A)
1861
B)
1542
C)
1601
D)
1880

Correct Answer : Option (A) - 1861

Published On : July 4, 2020
4 .
Devaluation of a currency means
A)
reduction in the value of a currency vis-a-vis major internationally traded currencies
B)
permitting the currency to seek its worth in the international market
C)
fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies
D)
fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners

Correct Answer : Option (A) - reduction in the value of a currency vis-a-vis major internationally traded currencies

Published On : July 4, 2020
5 .
In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
A)
Rs 1000
B)
Rs 500
C)
Rs 300
D)
Rs 400

Correct Answer : Option (C) - Rs 300

Published On : July 4, 2020
6 .
Which of the following is not a part of machinery that settles industrial disputes?
A)
Wage Court
B)
Works Committee
C)
Conciliation officers
D)
Board of Conciliation

Correct Answer : Option (A) - Wage Court

Published On : July 4, 2020
7 .
In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A)
Chemicals other than fertilizers
B)
Services sector
C)
Telecommunication
D)
Food processing

Correct Answer : Option (C) - Telecommunication

Published On : July 4, 2020
8 .
Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
A)
80 percent
B)
83 percent
C)
90 percent
D)
100 percent

Correct Answer : Option (D) - 100 percent

Published On : July 4, 2020
9 .
Gilt-edged market means
A)
bullion market
B)
market of government securities
C)
market of guns
D)
market of pure metals

Correct Answer : Option (B) - market of government securities

Published On : July 4, 2020
10 .
In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A)
Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
B)
Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
C)
Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
D)
Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

Correct Answer : Option (D) -

Published On : July 4, 2020