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Business and Economics - General Knowledge Questions
A)
Rs. 200 crore
B)
Rs. 300 crore
C)
Rs. 150 crore
D)
Rs. 100 crore

Correct Answer : Option (D) - Rs. 100 crore

A)
Setting up a new factory
B)
Extending an existing factory
C)
Splitting one unit into several units
D)
Merging two units to create one large unit

Correct Answer : Option (B) - Extending an existing factory

It usually takes place as an extension of the current factory or plant, rather than at a new location.

A)
Varies directly with price
B)
Is independent of price
C)
Varies proportionately with price
D)
Varies inversely with price

Correct Answer : Option (D) - Varies inversely with price

A)
Duopoly
B)
Oligopoly
C)
Dumping
D)
Perfect Competition

Correct Answer : Option (C) - Dumping

A)
Location of markets at distinct place
B)
Seller should be an MNC
C)
Consumers ignorance and prejudice
D)
Different elasticity of demand for different customer

Correct Answer : Option (B) - Seller should be an MNC

A)
Individual and social choice in the face of scarcity
B)
The best way to invest in the stock market
C)
Business decision making under foreign competition
D)
lnflation and employment in a growing economy

Correct Answer : Option (A) - Individual and social choice in the face of scarcity

A)
Oligopoly
B)
Perfect competition
C)
Monopoly
D)
Monopolistic competition

Correct Answer : Option (C) - Monopoly

A)
set up branches or ATMs
B)
accept remitances to be sent to multiple banks
C)
distribute mutual fund/ insurance/ pension products
D)
set up subsidiaries to under take NBFC activities

Correct Answer : Option (D) - set up subsidiaries to under take NBFC activities

A)
It means economy is stagnant.
B)
It means steady growth begins.
C)
It means economy is about to collapse
D)
It means all controls are removed from economy.

Correct Answer : Option (B) - It means steady growth begins.

A)
Klaus Schwab
B)
Paul Krugman
C)
Peter Thiel
D)
Bill Gates

Correct Answer : Option (A) - Klaus Schwab