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 does PAC stand for?
A)
Post-Authorized Cheque
B)
Pre-Authorized Cheque
C)
Pre-Authorized Checking
D)
Pre-Authorized Chequing

Correct Answer :   Pre-Authorized Chequing

Published On : June 1, 2021
2 .
Which of the following terms is used in the field of finance and banking?
A)
Inflation
B)
Elasticity
C)
Pulse rate
D)
All of the above

Correct Answer :   Inflation

Published On : June 1, 2021
3 .
With which of the fields is actuarial science associated?
A)
Banking
B)
Micro-finance
C)
Space technology
D)
Insurance

Correct Answer :   Insurance

Actuarial science is a discipline that assesses financial risks in the insurance and finance fields, using mathematical and statistical methods. Actuarial science applies the mathematics of probability and statistics to define, analyze, and solve the financial implications of uncertain future events.

Published On : June 1, 2021
4 .
Which of the following CANNOT be undertaken as a function by the India Post Payment Bank?
A)
Funds remittance
B)
Sanctioning loan
C)
Issue of debit cards
D)
Mutual funds distribution

Correct Answer :   Sanctioning loan

Published On : June 1, 2021
5 .
Which of the following public sector companies/organizations provides insurance cover to exporters?
A)
NABARD
B)
SIDBI
C)
ECGC
D)
IRDA

Correct Answer :   ECGC

Published On : June 1, 2021
6 .
What is the full form of 'ULIP', the term which was in the news recently?
A)
Uniformly Loaded Investment Plan
B)
Universal Loan and Investment Plan
C)
Universal Life and Investment Plan
D)
Unit Linked Insurance Plan

Correct Answer :   Unit Linked Insurance Plan

Published On : June 1, 2021
7 .
PNB MetLife was initially launched as MetLife India Insurance Company Limited. Headquarters of one of the share holders, MetLife International Holdings LLC of PNB MetLife is in
A)
New York, U.S.
B)
Geneva, Switzerland
C)
Paris, France
D)
Rome, Italy

Correct Answer :   New York, U.S.

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India. PNB MetLife has as its shareholders MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB) and others.

Published On : June 1, 2021
8 .
In 1986, Sahyadri Insurance was merged into which of the following companies?
A)
National Insurance Company
B)
United India Insurance Company
C)
Life Insurance Corporation of India (LIC)
D)
General Insurance Corporation of India

Correct Answer :   Life Insurance Corporation of India (LIC)

Sahyadri Insurance was one of the insurance companies which was established in the pre-independence era. In 1986, it was merged with Life Insurance Corporation of India (LIC)

Published On : June 1, 2021
9 .
_________won the ‘Best Fraud Intelligence’ award at the 5th Annual Insurance India Summit & Awards 2020
A)
Tata AIA Life
B)
Bajaj Allianz Life
C)
ICICI Prudential Life
D)
Bharti AXA Life

Correct Answer :   Bajaj Allianz Life

Bajaj Allianz Life won the ‘Best Fraud Intelligence’ award at the 5th Annual Insurance India Summit & Awards 2020.

Published On : June 1, 2021
10 .
With which of the following did the State Bank of India enter into a joint venture agreement for undertaking Life insurance business?
A)
BNP Paribas Cardif.
B)
New India Assurance Ltd.
C)
Insurance Australia Group
D)
Lehman Brothers Holdings Inc.

Correct Answer :   BNP Paribas Cardif.

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI owns 74% of the total capital and BNP Paribas Cardif the remaining 26%. 

Published On : June 1, 2021
Quick Links
Interview Questions
S/W Technology
Civil,   Mech
ECE,   EEE
More Technologies
MCQ (or) Quiz
S/W Technology
Civil,   Mech
ECE,   EEE
Aeronautical
Example Programs
C Language,   C++,   Java,   PHP,   Python
Articles
Marketing Management
Tech Updates
Tech Articles
Tools
Color Picker
Interest Calculator
EMI Calculator
Vehicle EMI Calculator
Compailers
HTML
C & CPP
PHP
Python