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

1 .

The Cash Management Bills issued by RBI have the generic character of T-Bills but are issued for maturities less than

A)

364 days

B)

260 days

C)

182 days

D)

91 days

Correct Answer : Option (D) - 91 days

2 .

Who typically, designs the project, procures all the engineering skills and equipment to construct the project, erects all the project facilities among other works up to finally commissioning ?

A)

O & M contractor

B)

EPC contractor

C)

Project sponsors

D)

Project lenders

Correct Answer : Option (B) - EPC contractor

3 .

As per the policy applicable in 2017, how much Foreign Direct Investment (FDI) is permitted in the defence sector in India ?

A)

26 per cent through the automatic route and beyond that up to 49 per cent through the government route

B)

26 per cent through the government route

C)

49 per cent through the automatic route

D)

75 per cent through the automatic route

Correct Answer : Option (C) - 49 per cent through the automatic route

4 .

According to United Nation's E-Government Index, 2018 India ranks at which place ?

A)

90th

B)

95th

C)

96th

D)

99th

Correct Answer : Option (C) - 96th

5 .

Eleventh Five Year Plan emphasised on

A)

Faster and more inclusive growth

B)

Economic Growth with Social Just ice

C)

Economic Growth and Human Development

D)

Faster, sustainable and more inclusive growth

Correct Answer : Option (A) - Faster and more inclusive growth

6 .

Which among the following is the most important item of revenue expenditure of the union government ?

A)

Pensions

B)

Major subsidies

C)

Salaries and Allowances

D)

Interest Payments

Correct Answer : Option (D) - Interest Payments

7 .

By which of the following regulation British East India Company's trade monopoly in India was abolished ?

A)

Charter Act of 1793

B)

Charter Act of 1813

C)

Charter Act of 1833

D)

Charter Act of 1853

Correct Answer : Option (B) - Charter Act of 1813

8 .

During the Neolithic Age the earliest evidence of the origin of agriculture has been found at which of the following place in the North-Western region of Indian sub-continent ?

A)

Mundigak

B)

Mehargarh

C)

Damb Sadat

D)

Balakot

Correct Answer : Option (B) - Mehargarh

9 .

Which of the following curves is used to measure the level of inequality ?

A)

Lorenz curve

B)

Laffer curve

C)

Angle's curve

D)

Philip curve

Correct Answer : Option (A) - Lorenz curve

10 .

The Partnership for Action on Green Economy (PAGE), a UN mechanism to assist countries transition towards greener and more inclusive economies, emerged at

A)

The Earth Summit on Sustainable Development 2002, Johannesburg

B)

The United Nations Frame work Convention on Climate Change 2015, Paris

C)

The United Nations Conference on Sustainable Development 2012, Rio de Janeiro

D)

The World Sustainable Development Summit 2016, New Delhi

Correct Answer : Option (C) - The United Nations Conference on Sustainable Development 2012, Rio de Janeiro