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GK is very important for clearing sectional cut-offs for many colleges under SNAP, MAT, IIFT etc. So, an aspirant should keep preparing all year round for GK. Here is an online resource(online GK Quiz) by chalobolo.com where there are 10 random questions asked, from previous year SNAP, MAT...

SNAP 2010 GK cutoff for SIBM-Pune was around 8-8.5 Overall cutoff was 107.5