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

1 .

Producer Price Index measures

A)

the average change in t he prices of produced goods and services

B)

the marginal change in the prices of produced goods and services

C)

the total change in the prices of produced goods and services

D)

None of the above

Correct Answer : the average change in t he prices of produced goods and services

2 .

'Gullak Bachcha Bank' is a bank based in

A)

Delhi

B)

Patna

C)

Bhopal

D)

Jaipur

Correct Answer : Patna

3 .

The Ombudsman Scheme for Non-Banking Financial Companies (NBFCs) for redressal of complaints against NBFCs have been launched by RBI under which section of the RBI Act, 1934?

A)

18

B)

36

C)

45

D)

60

Correct Answer : 45

4 .

Which of the following 'key ratios' is monitored by the regulators to ensure that the bank can absorb a reasonable amount of loss and complies with statutory Capital Requirements ?

A)

Credit to Deposit Ratio (CD Ratio)

B)

Capital Adequacy Ratio (CAR)

C)

Cost to Income Ratio (CIR)

D)

None of the above

Correct Answer : Capital Adequacy Ratio (CAR)

5 .

How many â€˜Basic Savings Bank Deposit Acountâ€™ can an individual have in one bank ?

A)

One

B)

Two

C)

Three

D)

Any Number

Correct Answer : One

6 .

World's first green Islamic bond was issued by

A)

Bangaladesh

B)

Iran

C)

Malaysia

D)

Qatar

Correct Answer : Malaysia

7 .

In India the Credit rating agencies are regulated by

A)

RBI

B)

PFRDA

C)

SEBI

D)

FIMMDA

Correct Answer : SEBI

8 .

GDP growth of Indian economy has averaged........ for the period from 2014-15 to 2017-18.

A)

7.3%

B)

7.4%

C)

7.5%

D)

7.8%

Correct Answer : 7.3%

9 .

In the national context which of the following indicates Macro Approach ?

A)

Sales of Bata Shoe Company

B)

Exports of Mangoes to U.K.

C)

Income from Railways

D)

Inflation in India

Correct Answer : Inflation in India

10 .

Which industry is primary user of Magnetic Ink Character Recognition (MICR) ?

A)

Footwear designing

B)

Banks

C)

Book Publishing

D)

None of the above

Correct Answer : Banks