General Knowledge Questions Answer GK Quiz

GK General Knowledge - Business And Economics Question Answer Quiz

Q. Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below -
I. Nayak Committee II. Abid Hussain Committee
III. S.S. Kohli Committee IV. Karve Committee
Codes :

1) I, II, IV, III
2) III, II, I, IV
3) IV, II, I, III
4) I, II, III, IV

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Q. Which of the following is a Nodal Institution for implementation of Sustainable Development Goals in India?
1) Planning Commission
2) Disinvestment Commission
3) NITI Aayog
4) Finance Commission

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Q. National Social Assistance Programme does not include the following scheme for 'Below Poverty Line' households -
1) National Family Benefit Scheme
2) Annapurna
3) Mahila Kisan Sashaktikaran Pariyojana
4) All of the above

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Q. With reference to the functions of Public Sector in India, which of the following statements is/ are correct?
I. To provide public utility resources.
II. To build social and economic overhead capital.
III. To ensure balanced regional and sectoral growth.
IV. To pursue egalitarian goals.
Select the correct answer using the codes given below :

1) I, II and III are correct
2) II, III and IV are correct
3) I, II, III and IV are correct
4) I, III and IV are correct

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Q. Multidimensional poverty index includes :
1. Health 2. Education 3. Living Standard
Select correct answer from the codes given below :

1) Only 1 is correct
2) Only 2 and 3 are correct
3) Only 1 and 2 are correct
4) 1, 2, and 3 are correct

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Q. Which among the following is the method to estimate the poverty line in India?
1) Investment method
2) Capital method
3) Human method
4) Income method

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Q. Cyclical Unemployment is -
1) Unemployment that results when people become discouraged about their chances of finding a job so that they stop looking for work
2) Unemployment that occurs during recessions and depressions
3) Portion of unemployment that is due to the normal working of the labour market
4) Portion of unemployment that is due to changes in the structure of the economy that results in a significant loss of jobs in certain industries

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Q. National income can be increased by -
1) Increase in population
2) Increase in the rate of investment
3) Increase in unemployment
4) Decrease in price level

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Q. The labour force can be defined as -
1) Those of workers who are seeking work and are available for work at current wage rate
2) Anyone who is working or actively seeking work
3) The population between school-leaving age and retirement age
4) Those who could claim benefit if they were to become unemployed

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Q. Deposit Insurance and Credit Guarantee Corporation (DICGC) has been permitted to increase Deposit Insurance Coverage for a depositor, which is now Rs. one lakh to -
1) Rs. 5 lakh per depositor
2) Rs. 10 lakh per depositor
3) Rs. 12 lakh per depositor
4) Rs. 15 lakh per depositor

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