Business and Economics - General Knowledge Questions

1 .

Which of the following initiatives is an effort of Income Tax department to directly communicate with the tax payers?

A)

SWAYAM

B)

AAYKAR SETU

C)

SUGAM VARTA

D)

SWAYAM PRABHA

Correct Answer : AAYKAR SETU

2 .

Which of the following is the world's first country to introduce Gafa Tax?

A)

USA

B)

Australia

C)

France

D)

Canada

Correct Answer : France

3 .

Bloomberg's Misery Index is calculated as the sum of country's

A)

Inflation Rate and Unemployment Rate

B)

Inflation Rate and Savings Rate

C)

Unemployment Rate and Labour Force Participation Rate

D)

Unemployment rate and inverse of Investment rate

Correct Answer : Inflation Rate and Unemployment Rate

4 .

The 'International Fertiliser Industry Association (IFIA) having about 500 members, worldwide including 68 countries is based in

A)

Strasbourg, France

B)

Washington DC, USA

C)

Geneva, Switzerland

D)

Paris, France

Correct Answer : Paris, France

5 .

The form of insurance which insures against financial loss from defects in title to real property and from the invalidity or unenforceable of mortgage loans is known as

A)

Credit insurance

B)

Title insurance

C)

Property insurance

D)

Mortgage-cover

Correct Answer : Title insurance

6 .

According to the latest statistics released by WTO, which rank India has acquired in exports of commercial Services?

A)

Fifth

B)

Seventh

C)

Eleventh

D)

Thirteenth

Correct Answer : Eleventh

7 .

The Indian Rupee was made fully convertible on current account in

A)

1994

B)

1995

C)

1996

D)

1997

Correct Answer : 1994

8 .

Ru Pay has been launched by

A)

State Bank of India

B)

NABARD

C)

National Payments Corporation of India Limited

D)

National Securities Depository Limited

Correct Answer : National Payments Corporation of India Limited

9 .

Angle Tax is applicable to

A)

Listed companies

B)

Unlisted companies

C)

Mutual funds of foreign origin

D)

Foreign institutional investors

Correct Answer : Unlisted companies

10 .

Equity-linked Savings Scheme (ELSS) are open-ended diversified equity schemes offered by

A)

Stock exchanges

B)

Commercial Banks

C)

Primary Dealers

D)

Mutual Funds

Correct Answer : Mutual Funds

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