List of top General Knowledge Questions on General Knowledge

Which of the following statements accurately describe aspects of governance?

a. Governance involves the processes and structures used to direct and manage an organisation.

b. Transparency is a key principle of good governance.

c. Governance is only relevant in the context of government institutions.

d. Accountability ensures that those in authority are held responsible for their actions.
Select the correct answer using the codes given below.

Match the economic system with its characteristics:

Economic System	Characteristics
a. Capitalism	i. Private ownership of resources; market-driven economy with minimal government intervention
b. Socialism	ii. Government ownership of key industries; centralized economic planning
c. Mixed Economy	iii. Combination of private and government ownership; focus on social welfare and regulation
d. Market Economy	iv. Private ownership with some government regulation; competition and market forces determine economic outcomes

Market capitalization comprises which of the following?
a. It is calculated by multiplying the current share price by the number of outstanding shares.
b. It represents the total market value of a company’s outstanding shares.
c. Market capitalization is only relevant for privately held companies.
d. It reflects the size of a company relative to other companies in the market.