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

1 .

Which of the following is not associated with NAFTA ?

A)

Canada

B)

Mexico

C)

USA

D)

Great Britain

Correct Answer : Great Britain

2 .

'Bihar Economic Survey', for the first time, was published for the Financial Year

A)

2004-05

B)

2006-07

C)

2008-09

D)

2009-10

Correct Answer : 2006-07

3 .

Multipliers will be lower with which one of the following?

A)

High marginal propensity to consume

B)

Low marginal propensity to consume

C)

High marginal propensity to invest

D)

Low marginal propensity to save

Correct Answer : Low marginal propensity to consume

4 .

The Hartz Reforms are associated with

A)

Initial Public Offer

B)

Labour Unions

C)

Banks

D)

International Trade

Correct Answer : Labour Unions

5 .

According to the latest report, what is the rank of India in steel production in the world?

A)

1st

B)

2nd

C)

3rd

D)

4th

Correct Answer : 3rd

6 .

Which state government decided to provide Rs. 2 per Kg subsidy on onion sold from November 1, 2018 till December 15, 2018 ?

A)

Madhya Pradesh

B)

Rajasthan

C)

Gujarat

D)

Maharashtra

Correct Answer : Maharashtra

7 .

Which Indian State/ UT has highest debt/ GDP ratio in 2017-18 ?

A)

Puducherry

B)

Sikkim

C)

Jammu & Kashmir

D)

Assam

Correct Answer : Puducherry

8 .

Current account deficit, as a per cent of GDP in second quarter (July-September) of 2018-19 in India was

A)

2.7%

B)

2.8%

C)

2.9%

D)

3.1%

Correct Answer : 2.9%

9 .

In June 2018 how much amount has the World Bank approved for 'Atal Bhujal Yojana' an ambitious scheme of India ?

A)

Rs. 5,000 crore

B)

Rs. 6,000 crore

C)

Rs. 7,000 crore

D)

Rs. 8,000 crore

Correct Answer : Rs. 6,000 crore

10 .

In Bihar, during April-June 2018, which sector has attracted the highest FDI equity inflow ?

A)

Service sector

B)

Steel industry

C)

Processing industry in agriculture

D)

None of the above/More than one of the above

Correct Answer : None of the above/More than one of the above