Latest Business and Economics General Knowledge(GK) Questions and answers

1 .

How many times has financial emergency been declared in India, so far ?

A)

Once Time

B)

Four times

C)

Five times

D)

Never

Correct Answer : Option (D) - Never

2 .

As per the guidelines issued by the Reserve of India Banks classify as Non-Performing Asset (NPA) only if the interest due and during any quarter is not serviced full within

A)

90 days from the end of the quarter

B)

60 days from the end of the quarter

C)

30 days from the end of the quarter

D)

None of the above

Correct Answer : Option (A) - 90 days from the end of the quarter

3 .

The Liquidity Preference Theory of Interest was propounded by

A)

Adam Smith

B)

David Ricardo

C)

Alfred Marshall

D)

J.M. Keynes

Correct Answer : Option (D) - J.M. Keynes

4 .

Who chaired the first meeting of the think tank on the Framework for National Policy on E-commerce ?

A)

Narendra Modi

B)

Arun Jaitley

C)

Suresh Prabhu

D)

Smriti Irani

Correct Answer : Option (C) - Suresh Prabhu

5 .

'RDA' is a channel to receive cross-border remittances from overseas jurisdictions. The alphabet 'R' in the abbreviation 'RDA' stands for

A)

Rural

B)

Rate

C)

Rupee

D)

Resident

Correct Answer : Option (C) - Rupee

6 .

The recommendations of 15th Finance Commission will be applicable for the period

A)

2017-22

B)

2018-23

C)

2019-24

D)

2020-25

Correct Answer : Option (D) - 2020-25

7 .

The 'CGFMU' is a Credit Guarantee Fund established for guaranteeing loans sacrificed under the

A)

PMRY Scheme

B)

PMMY Scheme

C)

PMGSY Scheme

D)

PMAY Scheme

Correct Answer : Option (B) - PMMY Scheme

8 .

The Tarun Ramadorai panel set up by the Reserve Bank of India (RBI) has been tasked to look at the various facets of the

A)

Household finance in India

B)

Digital Banking initiatives

C)

Demonetisation

D)

Payment Banks

Correct Answer : Option (A) - Household finance in India

9 .

According to World Economic Forum, which of the following is the world's biggest employer?

A)

Indian Railway

B)

Chinese Military

C)

U.S. Department of Defence

D)

Indian Army

Correct Answer : Option (C) - U.S. Department of Defence

10 .

_______ is a tax saving mutual fund.

A)

ELSS

B)

Balanced Fund

C)

Debt Funds

D)

Debt Funds

Correct Answer : Option (A) - ELSS