Business and Economics - General Knowledge Questions

1 .

Which among the following is the method to estimate the poverty line in India?

Investment method

Capital method

Human method

Income method

Correct Answer : Income method

2 .

Foreign Exchange reserves in India are managed by

CDSL

RBI

NSDL

Ministry of Finance

Correct Answer : RBI

3 .

Despite being a high saving economy, capital formation may not result in significant increase in output due to

high capital-output ratio

weak administrative machinery

high population density

illiteracy

Correct Answer : 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.

4 .

The Economic Survey is complied by

National Sample Survey Organization (NSSO)

Department of economic affairs

Central Statistical Office (CSO)

Office of economic advisor

Correct Answer : Department of economic affairs

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

5 .

In India, the term "Public Key Infrastructure" is used in the context of

Digital security infrastructure

Food security infrastructure