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

1 .

'SEPA' is a payment-integration initiative of the European Union for simplification of bank transfers denominated in

A)

EURO

B)

Indian rupee

C)

British Pound

D)

US Dollar

Correct Answer : EURO

2 .

The ABC Ltd. reported earnings before interest and tax for the year 2016 as Rs. 260 crore and the yearly interest to be paid to the banks was Rs. 80 crore. What is the interest coverage ratio for the firm ?

A)

0.30

B)

0.42

C)

2.50

D)

3.25

Correct Answer : 3.25

3 .

YTM (Yield To Maturity) is that rate of discount that equates the discounted value of

A)

Other than those given as options

B)

All future cash flows of a security with its future price

C)

All current cash flows of a security with its current price

D)

All future cash flows of a security with its current price

Correct Answer : All future cash flows of a security with its current price

4 .

The NPV break-even point occurs with

A)

The total revenue line cuts the fixed cost line

B)

The present value of inflows cuts the fixed cost line

C)

The total revenue line cuts the total cost line

D)

The total revenue line cuts the present value of outflows line

Correct Answer : The total revenue line cuts the total cost line

5 .

After completing a project analysis, an analyst should rely on which tool to make a final recommendation on the project ?

A)

Decision tree analysis

B)

Break even analysis

C)

Scenario analysis

D)

NPV analysis

Correct Answer : Decision tree analysis

6 .

While evaluating projects, the issues related to the Environment and Social Cost benefit are typically considered part of

A)

Financial analysis

B)

Political analysis

C)

Regulatory analysis

D)

Economic analysis

Correct Answer : Economic analysis

7 .

What is venture capital ?

A)

Bank loans used to pay the start

B)

Financing for new firm's equity capital or loan capital

C)

Capital raised from issuing equity

D)

Equity funds from internal source

Correct Answer : Financing for new firm's equity capital or loan capital

8 .

Proposed oil refinery at Pachpadra, Barmer is a joint venture of

A)

HPCL and Government of Rajasthan

B)

OIL and Government of Rajasthan

C)

ONGCL and Government of India

D)

HPCL and Government of India

Correct Answer : HPCL and Government of Rajasthan

9 .

Which of the following fixed the four per cent inflation target in India with tolerance level of +/- 2 per cent for the period 2016 to 2021 ?

A)

Fourteenth Finance Commission

B)

Reserve Bank of India

C)

Government of India

D)

NITI Aayog

Correct Answer : Government of India

10 .

How much loan amount will be granted by bank under 'Pradhan Mantri Mudra Yojana' for industry, business and service under 'Kishor enterprise' ?

A)

More than Rs. 50,000 and up to Rs. 5,00,000

B)

More than Rs. 1,00,000 and up to Rs. 5,00,000

C)

More than Rs. 50,000 and up to Rs. 1,00,000

D)

Rs. 50,000

Correct Answer : More than Rs. 50,000 and up to Rs. 5,00,000