HTML
   HTML5
   CSS
   CSS3
   JavaScript
   jQuery
   AngularJS
   Articles
   Tech Articles
   Blog
Google News
logo
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 .
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A)
will decrease
B)
will increase
C)
will neither increase nor decrease
D)
None of the above

Correct Answer :   will neither increase nor decrease

Published On : July 4, 2020
2 .
Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
A)
ARDC
B)
SBI
C)
NABARD
D)
PACs

Correct Answer :   NABARD

Published On : July 4, 2020
3 .
Deficit financing leads to inflation in general, but it can be checked if
A)
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
B)
only aggregate demand is increased
C)
all the expenditure is denoted national debt payment only
D)
All of the above

Correct Answer :   All of the above

Published On : July 4, 2020
4 .
Devaluation of currency leads to
A)
fall in domestic prices
B)
increase in domestic prices
C)
no impact on domestic prices
D)
erratic fluctuations in domestic prices

Correct Answer :   increase in domestic prices

Published On : July 4, 2020
5 .
Depreciation means
A)
closure of a plant due to lock out
B)
closure of a plant due to labour trouble
C)
loss of equipment over time due to wear and tear
D)
destruction of a plant in a fire accident

Correct Answer :   loss of equipment over time due to wear and tear

Published On : July 4, 2020
6 .
The ARDC is now a branch of the
A)
RBI
B)
NABARD
C)
IDBI
D)
SDBI

Correct Answer :   NABARD

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

Correct Answer :   6

Published On : July 4, 2020
8 .
Paper currency first started in India in
A)
1861
B)
1542
C)
1601
D)
1880

Correct Answer :   1861

Published On : July 4, 2020
9 .
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 :   reduction in the value of a currency vis-a-vis major internationally traded currencies

Published On : July 4, 2020
10 .
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 :   Rs 300

Published On : July 4, 2020