Business and Economics - General Knowledge Questions

1 .
The upper portion of the kinked demand curve is relatively
A)
Inelastic
B)
Less elastic
C)
More elastic
D)
More inelastic

Correct Answer :   More elastic

2 .
Which of the following is fully digital and paperless bank in 2021 India?
A)
ICICI Bank
B)
HDFC Bank
C)
YES Bank
D)
Airtel payments Bank

Correct Answer :   Airtel payments Bank

3 .
The idea of Good Governance was stressed in World Bank Report of
A)
1992
B)
1996
C)
1998
D)
2000

Correct Answer :   1992

4 .
Which institute estimates National Income of India?
A)
ISI
B)
CSO
C)
NABARD
D)
RBI

Correct Answer :   CSO

5 .
The 14th Finance Commission recommended, among other things, to raise the share of states in the net proceeds of divisible pool of central tax to :
A)
29.5%
B)
32%
C)
38%
D)
42%

Correct Answer :   42%

6 .
.......is the largest creditor nation in the world.
A)
Japan
B)
China
C)
Germany
D)
Saudi Arab

Correct Answer :   Japan

7 .
In Germany, the term 'Black Zero' is referred to as
A)
Loss making Start-Ups
B)
Profitable zero-debt companies
C)
Balanced Budget
D)
Tainted Companies

Correct Answer :   Balanced Budget

8 .
A tax-exempt bond, issued by federally qualified organizations or by municipalities for the development of brownfield sites, is known as
A)
Masala Bond
B)
Climate Bond
C)
Green Bond
D)
Social Impact Bond

Correct Answer :   Green Bond

9 .
Which of the following is the correct statement regarding the new Open Acreage Licensing Policy for Oil and Gas Exploration?
A)
It allows bidders to carve out areas where they want to drill
B)
It prohibits licensing policy for oil exploration
C)
It allows oil and gas exploration
D)
It prohibits licensing policy for gas exploration

Correct Answer :   It allows bidders to carve out areas where they want to drill

10 .
Cartels is a form of
A)
Monopoly
B)
Collusive oligopoly
C)
Non-Collusive oligopoly
D)
None of the above

Correct Answer :   Collusive oligopoly

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