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 .

What is the name of the canal that connects the Pacific Ocean to the Atlantic Ocean? It was commissioned in the year 1914.

Suez Canal

Panama Canal

Kiel Canal

White Sea canal

Correct Answer : Panama Canal

Panama Canal, Spanish Canal de Panamá, lock-type canal, owned and administered by the Republic of Panama, that connects the Atlantic and Pacific oceans through the narrow Isthmus of Panama. The length of the Panama Canal from shoreline to shoreline is about 40 miles (65 km) and from deep water in the Atlantic (more specifically, the Caribbean Sea) to deep water in the Pacific about 50 miles (82 km). The canal, which was completed in August 1914, is one of the two most strategic artificial waterways in the world, the other being the Suez Canal. Ships sailing between the east and west coasts of the United States, which otherwise would be obliged to round Cape Horn in South America, shorten their voyage by about 8,000 nautical miles (15,000 km) by using the canal. Savings of up to 3,500 nautical miles (6,500 km) are also made on voyages between one coast of North America and ports on the other side of South America. Ships sailing between Europe and East Asia or Australia can save as much as 2,000 nautical miles (3,700 km) by using the canal.

Published On : June 29, 2021

2 .

The International Naval event 'Milan' is scheduled to be held in ______ in March 2020.

Mumbai

Kolkata

Kochi

Visakhapatnam

Correct Answer : Visakhapatnam

MILAN is a multilateral naval exercise, which is scheduled to be held at Vishakhapatnam in March 2020. The event was previously planned at Andaman and Nicobar Islands and then has been changed to Vishakhapatnam as navies from many countries are participating in the event.

Nearly 30 international navies have confirmed their participation in the event. The theme of the exercise is “Synergy Across the Seas”. This event would help the navies to have professional discussions and learn the best practices in the naval arena across the world.

Published On : June 29, 2021

3 .

Which financial body has approved USD 125 million support program for the ‘Resilient Kerala Program’?

World Bank

ADB

WHO

UNDP

Correct Answer : World Bank

June 24, 2021 : The World Bank Board of Executive Directors has approved a $125 million support for the ‘Resilient Kerala Program’ to help the state in preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics.

Published On : June 29, 2021

4 .

Which state Capital Local Area Bank Ltd belongs to?

Punjab

Rajasthan

Maharashtra

New Delhi

Correct Answer : Punjab

This bank was established on 14th January 2000. Its area of operation includes three districts viz. Jalandhar, Kapurthala and Hoshiarpur in Punjab.

Published On : June 29, 2021

5 .

Direct Benefit Transfer or DBT beneficiaries can withdraw money through which of the following servies?

Aadhar Enabled Payment System

BHIM Aadhar Pay

Micro-ATMs

All of the above

Correct Answer : All of the above

DBT beneficiaries can withdraw their money through the micro-ATMs, AePS and BHIM Aadhaar Pay. Customer who want to receive entitled benefits or subsidies of welfare schemes funded from the Consolidated Fund of India in their account directly, can avail it via Aadhaar-based authentication using e-KYC .

Published On : June 29, 2021

6 .

An underwriter undertakes to buy a certain number of shares or debentures irrespective of the subscription from the public. This type of underwriting is known as___________?

Sub-Underwriting

Firm Underwriting

Outright Purchases of Issues

Syndicate Underwriting

Correct Answer : Firm Underwriting

When an underwriter undertakes to buy or subscribe a certain number of shares or debentures irrespective of the subscription from the public, it is called firm underwriting. Firm underwriting generates confidence among investors and increases the chances of success of the issue.

Published On : June 29, 2021

7 .

Which is the smallest Local Area Bank in India?

Capital Local Area Bank Ltd

Coastal Local Area Bank Ltd

Subhadra Local Area Bank Ltd

Krishna Bhima Samruddhi Local Area Bank Ltd

Correct Answer : Subhadra Local Area Bank Ltd

Subhadra Local Area Bank Ltd., Kolhapur, having Its head office in Kolhapur, is the smallest Local Area Bank with only 8 branches.

Published On : June 29, 2021

8 .

RBI did not issue any currency notes during work period of which RBI Governor?

H V R Iengar

K G Ambegaonkar

Sir C D Deshmukh

Sir Benegal Rama Rau

Correct Answer : K G Ambegaonkar

K G Ambegaonkar was governor of RBI from 14-01-1957 to 28-02-1957. He was appointed as interim governor till H V R Iengar could take over. He did not sign any bank notes.

Published On : June 29, 2021

9 .

A Corporate Loan has which of the following features?

Specific Time and Amount

Fixed Interest Rate

Specified Repayment Schedule

All of the Above

Correct Answer : All of the Above

A corporate loan is a loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.

Published On : June 29, 2021

10 .

Who regulates the functioning of District Cooperative Banks in India?

RBI

State Government

State Cooperative Banks

None of the above

Correct Answer : RBI

RBI (Reserve Bank of India) regulates and supervises the banking functions of State Cooperative Banks (StCBs), District Central Cooperative Banks (DCCBs) and Urban Cooperative Banks (UCBs) under the various provisions of the Banking Regulation Act, 1949.

Published On : June 29, 2021