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 average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of

A)

15 to 20 percent

B)

20 to 25 percent

C)

25 to 30 percent

D)

30 to 35 percent

Correct Answer : 20 to 25 percent

Published On : July 4, 2020

2 .

States earn maximum revenue through

A)

land revenue

B)

custom revenue

C)

commercial taxes

D)

excise duties on intoxicants

Correct Answer : commercial taxes

Published On : July 4, 2020

3 .

The annual yield from which of the following Union Government taxes is the highest?

A)

Custom duties

B)

Corporation tax and income tax

C)

Inheritance tax, wealth tax, interest tax and gift tax

D)

Excise duties

Correct Answer : Excise duties

Published On : July 4, 2020

4 .

The first wholly Indian Bank was set up in

A)

1794

B)

1894

C)

1896

D)

1902

Correct Answer : 1894

Published On : July 4, 2020

5 .

In India, inflation measured by the

A)

Wholesale Price Index number

B)

Consumers Price Index for urban non-manual workers

C)

Consumers Price Index for agricultural workers

D)

National Income Deflation

Correct Answer : Wholesale Price Index number

Published On : July 4, 2020

6 .

The central co-operative banks are in direct touch with

A)

farmers

B)

state co-operative banks

C)

land development banks

D)

central government

Correct Answer : state co-operative banks

Published On : July 4, 2020

7 .

In India, the first bank of limited liability manages by Indians and founded in 1881 was

A)

Hindustan Commercial Bank

B)

Oudh Commercial Bank

C)

Punjab National Bank

D)

Punjab and Sind Bank

Correct Answer : Oudh Commercial Bank

Published On : July 4, 2020

8 .

In the state of India, the State Financial Corporation have given assistance mainly to develop

A)

agricultural farms

B)

cottage industry

C)

large-scale industries

D)

medium and small-scale industries

Correct Answer : medium and small-scale industries

Published On : July 4, 2020

9 .

How many banks were nationalized in 1969?

A)

14

B)

15

C)

16

D)

17

Correct Answer : 14

Published On : July 4, 2020

10 .

The currency convertibility concept in its original form originated in

A)

Wells Agreement

B)

Bretton Woods Agreement

C)

Taylors Agreement

D)

None of the above

Correct Answer : Bretton Woods Agreement

Published On : July 4, 2020

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