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

1 .

........ digital bank is named after one of its founders.

A)

Goldman Sachs

B)

JPMorgan Chas

C)

YES Bank

D)

DBS

Correct Answer : Goldman Sachs

2 .

ECOMARC symbol is related to

A)

Export goods

B)

Import goods

C)

Best quality goods

D)

Goods safe for environment

Correct Answer : Goods safe for environment

3 .

Who was the chairman of the 15th Finance Commission?

A)

N. K. Singh

B)

Shashikant Das

C)

Ratan Watal

D)

Ratan Watal

Correct Answer : N. K. Singh

4 .

Regional Comprehensive Economic Partnership (RCEP) is a proposed pact between ASEAN and

A)

China, Japan and South Korea

B)

Australia, New Zealand and India

C)

Both (A) and (B)

D)

None of the above

Correct Answer : Both (A) and (B)

5 .

Farmers' Clubs have been promoted by

A)

Regional Rural Banks

B)

Indian Council of Agricultural Research

C)

Ministry of Agriculture, Farmers' Welfare and Cooperation

D)

National Bank for Agriculture and Rural Development

Correct Answer : National Bank for Agriculture and Rural Development

6 .

Agriculture employs upto what per cent of the Indian Population?

A)

60

B)

70

C)

80

D)

90

Correct Answer : 70

7 .

Poyais is a fictional

A)

Company

B)

Currency

C)

Country

D)

Stock Exchange

Correct Answer : Country

8 .

When demand curve is rectangular hyper-bola the elasticity of demand will be

A)

Unit elastic

B)

Highly elastic

C)

Perfectly elastic

D)

Perfectly inelastic

Correct Answer : Unit elastic

9 .

The principle which states that an input must be so allocated between various uses that the value added by the last unit of input is the same in all its use is called

A)

Equal marginal principle

B)

Incremental principle

C)

Discounting principle

D)

Marginal principle

Correct Answer : Equal marginal principle

10 .

Which of the following is a type of price discount?

A)

Cash

B)

Trade

C)

Quantity

D)

All of the above

Correct Answer : All of the above