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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 .
Where is the headquarters of Kotak Mahindra General Insurance Company Limited located?
A)
Chennai
B)
Gurgaon
C)
Mumbai
D)
Jaipur

Correct Answer :   Mumbai

Mumbai, Maharashtra

Published On : June 2, 2021
2 .
Where is the headquarters of Bharti AXA General Insurance Company Limited located?
A)
Mumbai
B)
Bengaluru
C)
New Delhi
D)
Gurgaon

Correct Answer :   Bengaluru

Bengaluru, Karnataka

Published On : June 2, 2021
3 .
Where is the headquarters of Royal Sundaram General Insurance Co. Limited located?
A)
Chennai
B)
Lucknow
C)
Gurgaon
D)
Agra

Correct Answer :   Chennai

Chennai, Tamil Nadu

Published On : June 2, 2021
4 .
Where is Indian Institute of Banking and Finance (IIBF) located?
A)
Bengaluru
B)
Jaipur
C)
Pune
D)
Mumbai

Correct Answer :   Mumbai

The Indian Institute of Banking and Finance (IIBF) is India’s premier institute in banking and finance education, aiming for professional excellence.
With its membership of over 700 banks and financial institutions as institutional members and about 300000 of their employees as individual members, IIBF is the largest Institute of its kind in the world

Published On : June 2, 2021
5 .
Which of the following principles of Insurance enables the insured to claim the amount from the third party responsible for the loss?
A)
Principle of Subrogation
B)
Principle of Contribution
C)
Double insurance
D)
Insurable Interest

Correct Answer :   Principle of Subrogation

The principle of subrogation enables the insured to claim the amount from the third party responsible for the loss. It allows the insurer to pursue legal methods to recover the amount of loss, For example, if you get injured in a road accident, due to reckless driving of a third party, the insurance company will compensate your loss and will also sue the third party to recover the money paid as claim.

Published On : June 2, 2021
6 .
Where is the headquarters of HDFC Standard Life Insurance Co. Ltd located?
A)
Gurgaon
B)
Bengaluru
C)
Mumbai
D)
Chennai

Correct Answer :   Mumbai

Mumbai, Maharashtra

Published On : June 2, 2021
7 .
National Insurance Company Ltd. has branches in which other country?
A)
Bhutan
B)
Nepal
C)
Myanmar
D)
Bangladesh

Correct Answer :   Nepal

Published On : June 2, 2021
8 .
________is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium.
A)
Semi-premium
B)
Commission
C)
Annuity
D)
Paid up

Correct Answer :   Commission

Published On : June 2, 2021
9 .
HDFC Life Insurance Company, one of the top insurance companies in India is a joint venture between HDFC Ltd., India’s leading housing finance institution and
A)
Bharti Enterprises
B)
AIA Group Limited
C)
Mitsui Sumitomo Insurance Company
D)
Standard Life Aberdeen

Correct Answer :   Standard Life Aberdeen

HDFC Life Insurance Company, one of the top insurance companies in India is a joint venture between HDFC Ltd, leading housing finance institution in India and Standard Life Aberdeen, a global investment company.

Published On : June 2, 2021
10 .
As per structured formula under the Motor Vehicle Act, victims of fatal injuries are paid compensation on the basis of
A)
Age and income
B)
Age and sex
C)
Age and number of dependents
D)
Income and size of family

Correct Answer :   Age and income

Published On : June 2, 2021