Business and Economics - General Knowledge Questions

1 .
As per a ranking of Department of Industrial policy and Promotion, which state is at the top to start a 'Start-up' ?
A)
Gujarat
B)
Maharashtra
C)
Tamil Nadu
D)
Punjab

Correct Answer :   Gujarat

2 .
Which of the following countries is not a member NAFTA ?
A)
Panama
B)
Canada
C)
Mexico
D)
USA

Correct Answer :   Panama

3 .
The principle of 'Right of Eminent Domain' is usually evoked in the context of
A)
Fishing Rights
B)
Direct Listing
C)
Cross-border transactions
D)
Compulsory acquisition

Correct Answer :   Compulsory acquisition

4 .
NITI Aayog unveiled unveiled 'Strategy for New India@75. Which of the following is not a component of it ?
A)
Give a strong push to 'Zero Budget Natural Farming' techniques
B)
Create a dedicated fund of Rs. 20,000 crore for farmers' welfare
C)
In agriculture, shift the emphasis to converting farmers to 'agripreneurs'
D)
Steadily accelerate the economy a achieve a GDP growth rate of about 8% on average during 2018-23

Correct Answer :   Create a dedicated fund of Rs. 20,000 crore for farmers' welfare

5 .
During Twelfth Five-Year Plan, which one of the following average annual growth rate targets was envisaged for agriculture and allied sector ?
A)
3.0%
B)
3.5%
C)
4.0%
D)
4.5%

Correct Answer :   4.0%

6 .
The Union Cabinet on January 16, 2019 approved an integrated income-tax e-filing and centralised processing centre (CPC) portal, which will reduce the return processing time from 63 days to just
A)
One day
B)
One week
C)
One month
D)
None of the above

Correct Answer :   One day

7 .
Where is HPCL, Rajasthan Refinery Limited situated ?
A)
Jodhpur
B)
Jalore
C)
Barmer
D)
Bundi

Correct Answer :   Barmer

8 .
No legal recourse is available in case a cheque
A)
Bounces due to lack of funds
B)
Bounces due to overwriting
C)
Bounces due to the signature difference
D)
Issues towards a donation or gift bounces

Correct Answer :   Issues towards a donation or gift bounces

9 .
Which one of the following decades in Indian Planning deserves to be called 'the decade of jobless growth'?
A)
1971-1980
B)
1991-2000
C)
2001-2010
D)
2005-2015

Correct Answer :   1991-2000

10 .
Government of India announced Minimum Support Price for paddy (common grade) @ Rs. 1750 per quintal. However, Bhupesh Baghel government of Chhattisgarh fixed MSP for paddy @ .......... per quintal.
A)
Rs. 2500
B)
Rs. 2600
C)
Rs. 2800
D)
Rs. 3000

Correct Answer :   Rs. 2500

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