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 .

Since the inception of the co-operative movement, rural credits has been

A)

institutionalized

B)

rationalized

C)

cheapened

D)

All of the above

Correct Answer : All of the above

Published On : July 4, 2020

2 .

The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

A)

Statutory Bank Ratio (SBR)

B)

Statutory Liquid Ratio (SLR)

C)

Central Bank Reserve (CBR)

D)

Central Liquid Reserve (CLR)

Correct Answer : Statutory Liquid Ratio (SLR)

Published On : July 4, 2020

3 .

Revenue of the state governments are raised from the following sources, except

A)

entertainment tax

B)

expenditure tax

C)

agricultural income tax

D)

land revenue

Correct Answer : agricultural income tax

Published On : July 4, 2020

4 .

Of the gross tax revenue of the Union Government the indirect taxes account for nearly

A)

70 per cent

B)

75 percent

C)

65 percent

D)

60 percent

Correct Answer : 65 percent

Published On : July 4, 2020

5 .

Deficit financing means that the government borrows money from the

A)

RBI

B)

local bodies

C)

big businessmen

D)

IMF

Correct Answer : RBI

Published On : July 4, 2020

6 .

Devaluation of currency will be more beneficial if

A)

prices of domestic goods remain constant

B)

prices of exports remain constant

C)

prices of imports remains constant

D)

prices of exports rise proportionately

Correct Answer : prices of exports remain constant

Published On : July 4, 2020

7 .

The condition of indirect taxes in the country's revenue is approximately

A)

70 percent

B)

75 percent

C)

80 percent

D)

86 percent

Correct Answer : 86 percent

Published On : July 4, 2020

8 .

Notes on which denomination has the portrait of Mahatma Gandhi printed on them?

A)

1000 rupee

B)

500 rupee

C)

100 rupee

D)

All of the above

Correct Answer : All of the above

Published On : July 4, 2020

9 .

Which of the following is not viewed as a national debt?

A)

Provident Fund

B)

Life Insurance Policies

C)

Long-term Government Bonds

D)

National Saving Certificate

Correct Answer : National Saving Certificate

Published On : July 4, 2020

10 .

The current price index (base 1960) is nearly 330. This means that

A)

all items cost 3-3 times more than what they did in 1960

B)

the prices of certain selected items have gone up to 3-3 times

C)

weighted means of prices of certain item has increased 3-3 times

D)

gold price has gone up 3-3 times

Correct Answer : weighted means of prices of certain item has increased 3-3 times

Published On : July 4, 2020

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