Business and Economics - General Knowledge Questions

1 .

The Hartz Reforms are associated with

A)

Initial Public Offer

B)

Labour Unions

C)

Banks

D)

International Trade

Correct Answer : Labour Unions

2 .

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

3 .

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

4 .

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

A)

Puducherry

B)

Sikkim

C)

Jammu & Kashmir

D)

Assam

Correct Answer : Puducherry

5 .

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%

6 .

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

7 .

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

8 .

Number of micro, small and medium enterprises (MSME) in 2016-17 was

A)

5.53 crore

B)

5.53 lakh

C)

2.53 lakh

D)

2.53 crore

Correct Answer : 5.53 lakh

9 .

A 'PAN' has initially a five-alphabet series like AFZPK 7190 K. Here P stands for

A)

firm

B)

hindu undivided family

C)

association of persons

D)

individual

Correct Answer : individual

10 .

The term 'revealed preference' was introduced in the book by

A)

Foundations of Economic Analysis

B)

Affluent Society

C)

Das Capital

D)

None of the above

Correct Answer : Foundations of Economic Analysis

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