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 NITI Aayog has recommended the names of which bank for privatization in 2021-22?

IOB and PNB

Central Bank of India and IOB

BoI and Canara Bank

Canara Bank and Bank of Maharashtra

Correct Answer : Central Bank of India and IOB

The Government think-tank NITI Aayog has recommended the names of Central Bank of India and Indian Overseas Bank for privatization in the current fiscal.

Published On : June 29, 2021

2 .

Factoring Business is also known as by which of the following names?

Invoice Factoring

Asset Based Lending

Accounts Receivable Factoring

All of the Above

Correct Answer : All of the Above

Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable.

Published On : June 29, 2021

3 .

Which of the following is the largest Housing Finance Company in India?

HDFC

HUDCO

SBI

IHFL

Correct Answer : HDFC

Housing Development Finance Corporation Ltd ( HDFC ) is the largest and the best home loan company in India based on Turnover.

Published On : June 29, 2021

4 .

The Bharti AXA Life has signed a pact with which of the following small finance bank?

Shivalik Small Finance Bank

Capital Small Finance Bank

Ujjivan Small Finance Bank

AU Small Finance Bank

Correct Answer : Shivalik Small Finance Bank

The Bharti AXA General launches Health Advantage; this alliance will enable over 4.5 lakh customers of Shivalik Bank to access the range of products offered by the company to provide financial security.

Published On : June 29, 2021

5 .

Which bank has launched 3 loan schemes Chikitsa, Jeevanrekha, and Suraksha?

HDFC Bank

YES Bank

Canara Bank

SBI

Correct Answer : Canara Bank

The Canara Bank introduced three loan initiatives Chikitsa, Jeevanrekha and Suraksha for its customers to help them cope with the corona virus outbreak.

Published On : June 29, 2021

6 .

Where is the headquarter of SBI located in India?

New Delhi

Chennai

Bangalore

Mumbai

Correct Answer : Mumbai

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees.

The bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian Subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India's central bank) taking a 60% stake, renaming it State Bank of India.

Published On : June 29, 2021

7 .

The LIC hiked its stake to 5.06% in which bank?

Punjab National Bank

Union Bank of India

SBI

Canara Bank

Correct Answer : Union Bank of India

The LIC has hiked its stake to 5.06% in state-run Union Bank of India with acquisition of nearly 2% additional stake in the bank.

Published On : June 29, 2021

8 .

When was the decimalization of the coinage done in India?

1935

1942

1957

1968

Correct Answer : 1957

It was in September, 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage. The Act came into force with effect from 1 April 1957, after which anna and pice denominations were demonetised.

Published On : June 29, 2021

9 .

Which bank has launched digital banking solutions for its corporate customers named SmartServe?

HSBC

ICICI Bank

IDBI Bank

DBS Bank

Correct Answer : HSBC

HSBC India has launched digital banking solutions for its corporate customers. “HSBC SmartServe and HSBC IntelliSign are first-of-its-kind digital solutions aimed at ensuring a quick, secure and seamless on-boarding process for corporate clients,” it said in a statement on 19-May-2021.

Published On : June 29, 2021

10 .

When was the Board for Payment and Settlement Systems established in the RBI?

2003

2005

2007

2008

Correct Answer : 2005

BPSS was established in 2005 to regulate and supervise the payment and settlement systems. It is one of the two assistive bodies to Central Board of Directors.

Published On : June 29, 2021