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

1 .

What was the economic growth rate of the State of Bihar during the year 2016-17 ?

A)

6.3 %

B)

7.3 %

C)

8.3 %

D)

None of the above

Correct Answer : None of the above

2 .

Which state has the highest share in the loan disbursement under MUDRA Scheme, since its inception ?

A)

Uttar Pradesh

B)

Madhya Pradesh

C)

Tamil Nadu

D)

Karnataka

Correct Answer : Tamil Nadu

3 .

Which of the following is true about Goods and Services Tax (GST) ?

A)

It will be levied on manufacture, sale and consumption

B)

It is value added tax

C)

It is an indirect tax

D)

All of the above

Correct Answer : All of the above

4 .

India's exports during April-December 2018-19 have been

A)

US $ 245.44 billion

B)

US $ 265.33 billion

C)

US $ 286.65 billion

D)

US $ 396.73 billion

Correct Answer : US $ 245.44 billion

5 .

In which department of Rajasthan vernment public private partnership cell has been created as the State Nodal agency to coordinate efforts of state vernment regarding PPP projects ?

A)

Planning Department

B)

Industry Department

C)

Finance Department

D)

Commerce Department

Correct Answer : Planning Department

6 .

Which of the following statements is not correct about e-NAM?

A)

Electronic National Agriculture Market (eNAM), an e-commerce platform, provides a unified national market for agricultural commodities by creating a pan-Indian network of APMC mandis

B)

It is formed under the aegis of the NABARD

C)

As on March 15, 2019, eNAM has enrolled 585 mandis across 16 States and two UTs

D)

As on March 15, 2019, over 1.31 crore farmers and 1.2 lakh traders are registered on eNAM

Correct Answer : It is formed under the aegis of the NABARD

7 .

Which one of the following best describes the term "Merchant Discount Rate' sometimes seen in news ?

A)

The incentive given by a bank to a merchant for accepting payments through debit cards pertaining to that bank

B)

The amount paid back by banks to their customers when they use debit cards for financial transactions for purchasing goods or services

C)

The charge to a merchant by a bank for accepting payments from his customers through the bank's debit cards

D)

The incentive given by the Government to merchants for promoting digital payments by their customers through Point of Sale (PoS) machines and debit cards

Correct Answer : The charge to a merchant by a bank for accepting payments from his customers through the bank's debit cards

8 .

A Roll-UP merger usually accelerates the process of

A)

Consolidation

B)

Expansion

C)

Diversification

D)

Monopsony

Correct Answer : Consolidation

9 .

Which of the following is/ are exclusively for the development of MSME sector ?

A)

ZED scheme

B)

TREAD scheme

C)

My MSME initiative

D)

All of the above

Correct Answer : All of the above

10 .

The principle of offsets is often used in ........ sector/industry.

A)

Private Equity

B)

Defence

C)

E-Commerce

D)

Fast moving consumer goods

Correct Answer : Defence