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Business and Economics - General Knowledge Questions
A)
Planning Commission
B)
Disinvestment Commission
C)
NITI Aayog
D)
Finance Commission

Correct Answer :   NITI Aayog

A)
Economist Intelligence Unit (EIU)
B)
World Health Organization (WHO)
C)
World Economic Forum (WEF)
D)
International Monetary Fund (IMF)

Correct Answer :   Economist Intelligence Unit (EIU)

A)
the opportunity cost is zero
B)
the opportunity cost is ignored
C)
the opportunity cost is transferred from the consumers of the product to the tax-paying public
D)
the opportunity cost is transferred from the consumers of the product to the Government

Correct Answer :   the opportunity cost is transferred from the consumers of the product to the tax-paying public

Opportunity cost is the cost of choosing one alternative over another and missing the benefit offered by the forgone opportunity, investing or otherwise.

A)
the money supply is fully controlled
B)
deficit financing takes place
C)
only exports take place
D)
neither exports nor imports take place

Correct Answer :   neither exports nor imports take place

A)
Meerut
B)
Kanpur
C)
Varanasi
D)
Noida

Correct Answer :   Noida

A)
Equity Capital
B)
Portfolio Investment
C)
Reinvested earnings
D)
Intra company loans

Correct Answer :   Portfolio Investment

A)
Gunnar Myrdal
B)
Oscar Lewis
C)
Amartya Sen
D)
Aashish Bose

Correct Answer :   Oscar Lewis

The idea of Cultural Poverty was given by the anthropologist Oscar Lewis in his book, five families : Mexican Case studies in the culture of poverty. The culture of poverty theory states that living in conditions of pervasive poverty will lead to the development of a culture or subculture adapted to those conditions.

A)
The National Sample Survey Office (NSSO)
B)
The Reserve Bank of India (RBI)
C)
The Central Statistics Office (CSO)
D)
The Indian Statistical Institute (ISI)

Correct Answer :   The Central Statistics Office (CSO)

The Index of Industrial Production (IIP) is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. The IIP index is computed and published by the Central Statistical Organisation (CSO) on a monthly basis.

A)
Gram Panchayat
B)
District Collector
C)
State Government
D)
Union Government

Correct Answer :   Gram Panchayat