Business and Economics - General Knowledge Questions

1 .
Which of the following institutions introduced the concept of reverse mortgage loans ?
A)
NHB
B)
RBI
C)
SBI
D)
None of the above

Correct Answer :   NHB

2 .
The main target group for SIP Schemes are
A)
All HNIs
B)
All NRIs
C)
All Salaried persons
D)
All agriculturists

Correct Answer :   All Salaried persons

3 .
Dynamic Daily Pricing model has been adopted in the pricing of
A)
Dairy products at Mother Dairy outlets
B)
Petroleum Products mainly petrol and diesel
C)
Consumer non durables in Big Bazar
D)
None of the above

Correct Answer :   Petroleum Products mainly petrol and diesel

4 .
Monopoly equilibrium can be reached when
A)
Marginal cost is rising
B)
Marginal cost is falling
C)
Marginal cost is remaining constant
D)
All of the above

Correct Answer :   All of the above

5 .
The size of a monopolist's plant and the degree of utilisation of any given plant size, depend entirely on the
A)
Factor price
B)
Market Supply
C)
Market demand
D)
Price of the good

Correct Answer :   Market demand

6 .
The value of σ for Cobb-Douglas production function is
A)
-1
B)
0
C)
1
D)
∞

Correct Answer :   1

7 .
In perfect competition, there is a process of
A)
Semi-free exit but absolute free entry
B)
Free entry and free exit of the firms
C)
Restricted entry and exit of the firms
D)
Free entry but restricted exit of the firms

Correct Answer :   Free entry and free exit of the firms

8 .
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

9 .
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

10 .
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

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