General Knowledge: Business And Economics Questions Answer GK Quiz

Business And Economics Question Answer 2025, Business And Economics Quiz Questions 2025

Q. 'AGMARK' is related with -
1) Processing
2) Quality
3) Packaging
4) None of the above

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Q. Which type of market is suitable for vegetable crops?
1) Short term
2) Very short term
3) Long term
4) Very long term

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Q. NABARD was established on the recommendations of -
1) Mehta Committee
2) Kelkar Committee
3) Narsimham Committee
4) Shah Committee

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Q. The Silkworm Research and Training Institution under the Central Silk Broad in India are administered by the Union Ministry of -
1) Forest and Tribal Welfare
2) Forest and Tribal Welfare
3) Agricultural and Rural Development
4) Commerce and Textile

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Q. The Policy of Liberalisation, Privatisation and Globalisation was announced as New Economic Policy by Prime Minister -
1) Rajeev Gandhi
2) Vishwa Nath Pratap Singh
3) Narsimha Rao
4) Atal Bihari Vajpayee

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Q. "Functional Finance" is associated with -
1) Abba 'P' Lerner
2) Adolph Wogner
3) Adam Smith
4) Adams

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Q. Externality theory is the basic theory of the following branch of Economics -
1) Macro Economics
2) Environomics
3) Fiscal Economics
4) International Economics

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Q. Which one of the following is essential for proper working of democracy?
1) Responsible and efficient opposition
2) Written constitution
3) Universal adult franchise
4) Parliamentary system

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Q. Corporate Tax is imposed by
1) Central Government
2) Both Central Government and State Government
3) State Government
4) Local Government

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Q. With increase in the price of commodity 'X', the demand of 'Y' decreases. The commodity 'Y' is a/an
1) Inferior good
2) Composite good
3) Substitute good
4) Complementary good

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