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

Business and Economics - General Knowledge Questions

1 .

On an indifference map, higher indifference curves show

A)

The higher level of utility

B)

The optimum level of satisfaction

C)

The same lower level of satisfaction

D)

Levels of satisfaction among which the consumer is indifferent

Correct Answer : The higher level of utility

2 .

59-minute Loan portal is related to

A)

Weaker Sections

B)

Foreign Investors in priority sectors

C)

Micro, Small and Medium Enterprises (MSME) sector

D)

Marginal and Small farmers

Correct Answer : Micro, Small and Medium Enterprises (MSME) sector

3 .

Which of the following financial markets facilitates issue of new securities ?

A)

Secondary Market

B)

Spot Market

C)

Derivative Market

D)

Primary Market

Correct Answer : Primary Market

4 .

A general or life insurance policy with a sum assured of Rs. Fifty Thousand or less is known as a

A)

Plain Insurance policy

B)

Micro Insurance policy

C)

Basic Insurance policy

D)

Basic Insurance policy

Correct Answer : Micro Insurance policy

5 .

Domestic Systematically Important Banks (D-SIBs) is announced with the term

A)

Too big to fail

B)

Too big to fall

C)

Too big to pass

D)

Too big to stop working

Correct Answer : Too big to fail

6 .

Which of the following banks never suffered loss in any quarter since the late 1950s ?

A)

Bradseco (Brazil)

B)

Wells Fargo (US)

C)

Santander (Spain)

D)

Banco Popolare (Italy)

Correct Answer : Santander (Spain)

7 .

Which of the following characteristics is most important for taking appropriate decisions for socially disadvantaged persons ?

A)

Extroversion

B)

Authoritarianism

C)

Emotional instability

D)

Empathy

Correct Answer : Empathy

8 .

Which International Organisation helps in prevention of money laundering ?

A)

FATF

B)

IMF

C)

World Bank

D)

All of the above

Correct Answer : FATF

9 .

Which one of the following is the maximum age of joining National Pension System (NPS) under the NPS-Private Sector?

A)

55 years

B)

60 years

C)

65 years

D)

70 years

Correct Answer : 65 years

10 .

Bharat QR Code is related to which sector of Indian economy?

A)

Banking Sector

B)

Hospitality Sector

C)

Quality Control

D)

Education Sector

Correct Answer : Banking Sector