Yes, Oppo K1 does have the Gyroscope sensor.
No. Oppo K1 is not a waterproof mobile phone. You should be careful while using it.
No. Oppo K1 has 2 sim card slots and a dedicated MicroSD card slot. You can use 2 sim cards and a MicroSD card at the same time on this mobile.
Yes, Oppo K1 does have the dual 4G VoLTE support. You can use 2 4G networks at the same time on this mobile.
Yes, you can record 4K videos on Oppo K1.
Keeping in mind that the Oppo K1 is the only phone with an in-display fingerprint sensor in its price band, the launch price of Rs. 16,990 is not too bad.
At the price, it has great performance, a good battery, impressive cameras and much more. It is also the cheapest smartphone you can get with an in-display fingerprint sensor.