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Business and Economics - General Knowledge Questions
A)
Edgeworth model
B)
Pareto Model
C)
Sweezy Model
D)
Cournot Model

Correct Answer : Option (A) - Edgeworth model

A)
Patents
B)
Licensing
C)
Control over strategic raw materials
D)
All of the above

Correct Answer : Option (D) - All of the above

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

Correct Answer : Option (C) - Monopolistic competition

A)
Investment method
B)
Capital method
C)
Human method
D)
Income method

Correct Answer : Option (D) - Income method

A)
CDSL
B)
RBI
C)
NSDL
D)
Ministry of Finance

Correct Answer : Option (B) - RBI

A)
high capital-output ratio
B)
weak administrative machinery
C)
high population density
D)
illiteracy

Correct Answer : Option (A) - high capital-output ratio

Capital formation means increasing the stock of real capital in a country. In other words, capital formation involves making of more capital goods such as machines, tools, factories, transport equipment, materials, electricity, etc., which are all used for future production of goods.

A)
National Sample Survey Organization (NSSO)
B)
Department of economic affairs
C)
Central Statistical Office (CSO)
D)
Office of economic advisor

Correct Answer : Option (B) - Department of economic affairs

Department of economic affairs. The Economic Survey is complied by Department of economic affairs, Ministry of Finance.

A)
Digital security infrastructure
B)
Food security infrastructure
C)
Health care and education infrastructure
D)
Telecommunication and transportation infrastructure

Correct Answer : Option (A) - Digital security infrastructure

A)
Basel I - 1988
B)
Basel II - 2004
C)
Basel III - 2010
D)
Basel IV - 2021

Correct Answer : Option (D) - Basel IV - 2021

Basel IV standards were agreed in 2017 and are due for implementation in the year 2023.