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 .

Which bank has issued the first-ever foreign portfolio investor license to the GIFT IFSC alternative investment fund of True Beacon Global?

Kotak Mahindra Bank

Bank of Baroda

HDFC Bank

SBI

Correct Answer : Kotak Mahindra Bank

The Kotak Mahindra Bank has issued the first-ever foreign portfolio investor license to the GIFT IFSC alternative investment fund of True Beacon Global.

Published On : June 29, 2021

2 .

Till when the RBI served as the central bank of Pakistan?

August 1947

November 1947

January 1948

June 1948

Correct Answer : June 1948

After the Partition of India in August 1947, the bank served as the central bank for Pakistan until June 1948 when the State Bank of Pakistan commenced operations.

Published On : June 29, 2021

3 .

The RBI has asked banks to implement the image-based Cheque Truncation System in all branches by which date?

31 July

30 September

30 June

31 December

Correct Answer : 30 September

The Reserve Bank of India has asked banks to implement the image-based Cheque Truncation System in all branches by September 30 this year.

Published On : June 29, 2021

4 .

The most active segment of the Money Market in India is which one of the following?

Certificate of Deposit (CD)

Commercial Paper (CP)

Call Money / Notice Money Market

Repo / Reverse Repo

Correct Answer : Call Money / Notice Money Market

Call Money / Notice Money Market is the most active segment of the money market in India.

Published On : June 29, 2021

5 .

Which bank has launched a new loan product named 'Kavach Personal Loan?

ICICI Bank

HDFC Bank

State Bank of India (SBI)

Canara Bank

Correct Answer : State Bank of India

The SBI has launched a new loan product 'Kavach Personal Loan' to provide financial relief to its customers who are facing economic crises due to covid related treatment costs.

Published On : June 29, 2021

6 .

According to the World Bank, the global economy is projected to grow at which percent in FY22?

8.3%

7.4%

6.2%

5.6%

Correct Answer : 8.3%

The World Bank on, June 8, 2021, has projected the Indian economy to grow at 8.3% for the financial year 2021-22.

Published On : June 29, 2021

7 .

Which of the following include the primary structure of the Mutual Funds?

Exchange traded Funds

Unit Investment Trusts

Open-end funds

All of the Above

Correct Answer : All of the Above

Primary structures of mutual funds include open-end funds, unit investment trusts, and closed-end funds. Exchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange.

Published On : June 29, 2021

8 .

Who has been appointed as the Managing Director and CEO of RBL Bank?

Shyam Srinivasan

Vishwavir Ahuja

S Sundar

Sandeep Bakhshi

Correct Answer : Vishwavir Ahuja

The RBI has approved the appointment of Vishwavir Ahuja as the Managing Director and CEO of RBL Bank.

Published On : June 29, 2021

9 .

The Reserve Bank has cut GDP growth forecast for FY 2021-22 to how much?

5.5 percent

7.0 percent

7.5 percent

9.5 percent

Correct Answer : 9.5 percent

The RBI has cut its real GDP growth forecast for the current financial year 2021-2022 to 9.5 percent.

Published On : June 29, 2021

10 .

Which section was added in the Banking regulation Act to include the Cooperative Banks under its purview?

Section 35

Section 56

Section 61

Section 69

Correct Answer : Section 56

In 1965, the Act was amended to include cooperative banks under its purview by adding the Section 56. Cooperative banks, which operate only in one state, are formed and run by the state government.

Published On : June 29, 2021