Business and Economics - General Knowledge Questions

1 .
When and where was the office of GATT established ?
A)
Paris, 1958
B)
New York, 1948
C)
Rio de Janeiro, 1948
D)
Geneva, 1948

Correct Answer :   Geneva, 1948

The General Agreement on Tariffs and Trade (GATT) was signed in 1948 in Geneva. The headquarters of GATT are situated in Geneva.

2 .
According to the revised RBI guidelines, loans to 'Food and Agro Processing Units’ will now form part of
A)
Non priority sector lending
B)
Agriculture lending
C)
Micro Finance
D)
MSME Lending

Correct Answer :   Micro Finance

3 .
One of the problems in calculating National Income in India is
A)
inflation
B)
underemployment
C)
low level of savings
D)
non-organized sector

Correct Answer :   non-organized sector

4 .
The 'Bharat Bill Payment System' (BBPS) is aimed at easing
A)
Retail Merchant Trade Transactions
B)
Utility and Other repetitive bill payments by consumers
C)
Payments for purchase of real estate
D)
None of the above

Correct Answer :   Utility and Other repetitive bill payments by consumers

5 .
Which of the following instruments is 'not' a debt instrument?
A)
Stocks
B)
Bonds
C)
Debentures
D)
Mortgages

Correct Answer :   Stocks

6 .
The 'Ease of Doing Business Index' is an index proposed by the
A)
World Economic Forum
B)
World Trade Organisation
C)
World Bank Group
D)
Asian Development Bank

Correct Answer :   World Bank Group

7 .
Rangrajan Committee was constituted for
A)
Banking reforms
B)
Disinvestment
C)
Tax reforms
D)
Foreign trade

Correct Answer :   Disinvestment

8 .
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 :   Never

9 .
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 :   90 days from the end of the quarter

10 .
The Liquidity Preference Theory of Interest was propounded by
A)
Adam Smith
B)
David Ricardo
C)
Alfred Marshall
D)
J.M. Keynes

Correct Answer :   J.M. Keynes

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