Business and Economics - General Knowledge Questions

1 .
Dated Government Securities are long term securities and carry a fixed or floating coupon which is paid on the face value; payable at fixed time periods (usually half yearly) and the tenor of these securities can be upto ........ years.
A)
30
B)
40
C)
50
D)
60

Correct Answer :   30

2 .
As per RBI norms, 'Term Money' means deals in funds for ......... to 1 year.
A)
10 days
B)
15 days
C)
20 days
D)
30 days

Correct Answer :   15 days

3 .
Which of the following is measured by the Lorenz curve ?
A)
Illiteracy
B)
Unemployment
C)
Population growth rate
D)
Inequality of Income

Correct Answer :   Inequality of Income

4 .
Assertion (A) : Cost push inflation is caused by shift in aggregate supply curve.. Reason (R) : Shift in aggregate supply curve takes place because of increase in wages.
A)
(A) is true, but (R) is false.
B)
Both (A) and (R) are true and (R) is the correct explanation of (A).
C)
(A) is false, but (R) is true.
D)
Both (A) and (R) are true, but (R) is not the correct explanation of (A)

Correct Answer :   Both (A) and (R) are true and (R) is the correct explanation of (A).

5 .
Which of the following measures have been taken to make the agrarian structure conducive to agricultural growth ?
A)
Abolition of Intermediaries
B)
Ceiling on land holdings
C)
Tenancy reforms
D)
All the above

Correct Answer :   All the above

6 .
During 2011-12 to 2015-16, the contribution of Service Sector in the growth rate of Indian economy is
A)
50.7 per cent
B)
66.0 per cent
C)
69.0 per cent
D)
72.4 per cent

Correct Answer :   69.0 per cent

7 .
Twenty-one public sector banks (PSBs) have incurred losses totalling ........... due to banking frauds in the financial year 2017-18.
A)
Rs. 25, 775 crore
B)
Rs. 30, 227 crore
C)
Rs. 35, 675 crore
D)
Rs. 39, 000 crore

Correct Answer :   Rs. 25, 775 crore

8 .
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 :   91 days

9 .
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 :   EPC contractor

10 .
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 :   49 per cent through the automatic route

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