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

1 .

Which of the following is not correct about project Network Diagram ?

A)

It shows logical relationship between events of the project

B)

Each activity in the project diagram should not have preceding and succeeding event

C)

It shows the activities and events of the project

D)

It is also known as project graph

Correct Answer : Each activity in the project diagram should not have preceding and succeeding event

2 .

If the Asset Turnover and Net Profit Margin of a company are 4.80 and 0.60 respectively. Return on assets (ROA) is

A)

1.40

B)

2.10

C)

2.20

D)

2.88

Correct Answer : 2.88

3 .

The Defence Technology and Trade Initiative (DTTI) is a forum for dialogue on defence partnership between India and

A)

United States of America

B)

Russia

C)

France

D)

Israel

Correct Answer : United States of America

4 .

In which country the concept of Public Interest Litigation was orginated ?

A)

United Kingdom

B)

Australia

C)

United States of America

D)

Canada

Correct Answer : United States of America

5 .

Why companies go for business process re-engineering with the help of technology ?

A)

The ace of change has acelerated with the liberalisation of economies world over

B)

Customersâ€™ demand and expectations are continuously increasing

C)

IT being leveraged to provide competitive edge in products and services at lower costs

D)

All of these

Correct Answer : All of these

6 .

In which of the following countries zero based budgeting was first adopted ?

A)

France

B)

USA

C)

India

D)

Germany

Correct Answer : USA

7 .

From which year farmers are given agricultural loan on zero interest in Chhattisgarh State ?

A)

2014-15

B)

2013-14

C)

2012-13

D)

2011-12

Correct Answer : 2014-15

8 .

What was the designation of the Chief Revenue Officer during Kalchuri period in Chhattisgarh ?

A)

Revenue Secretary

B)

Akshpatalik

C)

Mahabaladhikrit

D)

Mahapramat

Correct Answer : Mahapramat

9 .

Commodity Exchanges in India are now regulated by

A)

Forward Market Commission (FMC)

B)

Competition Commission of India (FMC)

C)

Securities and Exchange Board of India (SEBI)

D)

Reserve Bank of India (RBI)

Correct Answer : Securities and Exchange Board of India (SEBI)

10 .

Increase in absolute and per capita real GNP do not connote a higher level of economic development, if

A)

poverty and unemployment increase

B)

agricultural output fails to keep pace with industrial output

C)

industrial output fails to keep pace with agricultural out put

D)

imports grow faster than exports

Correct Answer : poverty and unemployment increase