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

Business and Economics - General Knowledge Questions

1 .

Which of the following agencies is not engaged in exporting agricultural goods from India?

A)

MMTC

B)

NAFED

C)

IFFCO

D)

State Trading Corporation

Correct Answer : MMTC

2 .

TRIMS stands for

A)

Trade-Related Income Measures

B)

Trade-Related Incentives Measures

C)

Trade-Related Incentives Measures

D)

Trade-Related Innovative Measures

Correct Answer : Trade-Related Incentives Measures

3 .

'Indradhanush 2' is a comprehensive plan for recapitalisation of public sector lenders and will be finalised by RBI after completion of AQR. What does Q stands for in the abbreviation AQR ?

A)

Quantum

B)

Quantity

C)

Quest

D)

Quality

Correct Answer : Quality

4 .

The comparison of financial data of same time period of different organisations engaged in similar business

A)

Time series analysis

B)

Cross sectional analysis

C)

Spatial data analysis

D)

Working capital analysis

Correct Answer : Cross sectional analysis

5 .

Which of the following Organisations/ Institutions releases World Investment Report annually ?

A)

World Bank

B)

IMF

C)

UNCTAD

D)

IDA

Correct Answer : UNCTAD

6 .

The Rothschild Index measures

A)

Supply

B)

Income

C)

Gross Domestic Product

D)

Demand

Correct Answer : Demand

7 .

At any one time, minimum balance in a BSBDA small Account should not exceed

A)

Rs. 60,000

B)

Rs. 50,000

C)

Rs. 40,000

D)

Rs. 30,000

Correct Answer : Rs. 50,000

8 .

Which of the following items has the highest Engel's elasticity with respect to Private Final Consumption Expenditure?

A)

Health

B)

Eduction

C)

Clothing and footwear

D)

Food and non-alcoholic beverages

Correct Answer : Health

9 .

Internal economies

A)

arise in an economy as it makes progress

B)

arise when there is expansion in an industry

C)

arise when there is expansion in internal trade

D)

accrue to a firm when it expands its output

Correct Answer : arise when there is expansion in an industry

10 .

Investors buy and sell shares in publicly leaded companies in

A)

Money Market

B)

Forex Market

C)

Stock Market

D)

Spot Market

Correct Answer : Stock Market