General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
4291
What does SEC stand for (USA)?
Answer:
Securities and Exchange Commission
SEC stands for Securities and Exchange Commission. It is an independent agency of the United States federal government designed to enforce the law against market manipulation.
4292
What does GST stand for?
Answer:
Goods and Services Tax
GST stands for Goods and Services Tax. It is a value-added tax levied on most goods and services sold for domestic consumption.
4293
What does HDI stand for?
Answer:
Human Development Index
HDI stands for Human Development Index. It is a statistic composite index of life expectancy, education, and per capita income indicators.
4294
What does IBAN stand for?
Answer:
International Bank Account Number
IBAN stands for International Bank Account Number. It is an internationally agreed system of identifying bank accounts across national borders.
4295
What does POS stand for?
Answer:
Point of Sale
POS stands for Point of Sale. It is the time and place where a retail transaction is completed.
4296
What does PIN stand for?
Answer:
Personal Identification Number
PIN stands for Personal Identification Number. It is a numeric code used in certain electronic financial transactions to verify the user's identity.
4297
What does ATM stand for?
Answer:
Automated Teller Machine
ATM stands for Automated Teller Machine. It allows customers to complete basic transactions without the aid of a branch representative.
4298
What does IFRS stand for?
Answer:
International Financial Reporting Standards
IFRS stands for International Financial Reporting Standards. These are a set of accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB).
4299
What does GAAP stand for?
Answer:
Generally Accepted Accounting Principles
GAAP stands for Generally Accepted Accounting Principles. It refers to a common set of accounting rules, standards, and procedures used in the U.S.
4300
What does EBITDA stand for?
Answer:
Earnings Before Interest, Taxes, Depreciation, and Amortization
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a widely used measure of core corporate profitability.