Business and Economics - General Knowledge Questions

1 .

Which are the BRIC countries?

A)

Brazil, Russia, India and Canada

B)

Britain, Russia, India and China

C)

Brazil, Russia, India and China

D)

Britain, Russia, India and Canada

Correct Answer : Brazil, Russia, India and China

2 .

Which one of the following programmes was initiated during the Sixth Five-Year Plan?

A)

Integrated Rural Development

B)

Rural Literacy Development

C)

Rural Railways

D)

Advanced Communication Links for Rural People

Correct Answer : Integrated Rural Development

3 .

Marginal revenue is at the quantity that generates maximum total revenue and negative beyond that point

A)

-1

B)

0

C)

1

D)

2

Correct Answer : 0

4 .

A firm's marginal revenue

A)

is always positive

B)

is always negative

C)

can be positive

D)

is positive at point at which the total revenue is maximum

Correct Answer : is positive at point at which the total revenue is maximum

5 .

Study of collusive agreement is

A)

Collusive oligopoly

B)

Monopoly

C)

Non-Collusive oligopoly

D)

All of the above

Correct Answer : Collusive oligopoly

6 .

An indifference curve is always

A)

Concave to the origin

B)

A vertical straight line

C)

Convex to the origin

D)

A horizontal straight line

Correct Answer : Convex to the origin

7 .

Which of the following is an important dynamic variable?

A)

Cultural variables

B)

The task structure

C)

Organisational nature

D)

Superior's style and behaviour

Correct Answer : The task structure

8 .

A popular statistical simulation named after a city

A)

Monaco

B)

Vienna

C)

Berlin

D)

Monte Carlo

Correct Answer : Monte Carlo

9 .

In which year, first new industrial policy was declared in India?

A)

April 1948

B)

April 1949

C)

April 1955

D)

April 1971

Correct Answer : April 1948

10 .

Which Five Year Plan has laid emphasis on Faster, Sustainable and Inclusive growth?

A)

Ninth Five Year Plan

B)

Tenth Five Year Plan

C)

Eleventh Five Year Plan

D)

Twelfth Five Year Plan

Correct Answer : Twelfth Five Year Plan

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