General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. Of the following land uses, which is restricted to Special Economic Zones?
1) Information Technology Companies
2) Educational Institutions
3) Free Trade Centres
4) Marketing Centres

View Answer

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

View Answer

Q. Diamonds are priced higher than water because:
1) Consumers do not buy them at lower prices.
2) They are sold by selected firms with monopolistic powers.
3) Their marginal utility to buyers is higher than that of water.
4) Their total utility to buyers is higher than that of water.

View Answer

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

View Answer

Q. Which of the following organisations is made specifically responsible for empowering Micro, Small and Medium enterprises in India?
1) NABARD
2) RBI
3) SIDBI
4) ECGC

View Answer

Q. Government usually classifies its expenditure in terms of planned and nonplanned expenditure. Identify, which is the correct definition of planned expenditure?
1) It represents the expenditure of all the State Governments
2) It represents the total expenditure of the Central Government
3) It is the expenditure which is spent through centrally sponsored programmes and flagship schemes of Government
4) It represents the expenditure incurred on Defence

View Answer

Q. A non-performing asset is ___________
1) Money at cell and short notice
2) An asset that ceases to generate income
3) Cash balance in till
4) Cash balance with RBI

View Answer

Q. In banking business, when the borrowers avail a Term Loan, Initially they are given a repayment holiday and this is referred to as___________
1) Subsidy
2) Interest Waiver
3) Re-phasing
4) Moratorium

View Answer

Q. The Customers by opening and investing in the Tax Saver Deposit Account Scheme in a Bank would get benefit under__________
1) Sales Tax
2) Customs Duty
3) Professional Tax
4) Income Tax

View Answer

Q. Interest below which a bank is not expected to lend to customers is known as___________
1) Deposit Rate
2) Base Rate
3) Prime Lending Rate
4) Bank Rate

View Answer

Advertisement

Manage your small business accounting needs from anywhere anytime with the help of Cloud based QuickBooks remotely accessible on citrix vdi with an affordable citrix xendesktop cost. Get a 15-day risk-free trial from Apps4Rent.

Career Opportunities in Sports Management

IntroductionAre you passionate about sports but don't see yourself as an athlete? Do you find the business side of sports fascinating? A career in sports management could be your winning ticket! This field combines business, sports, and management, offering dynamic roles that go far beyond the field →

Commonwealth of Independent States (CIS)

Foundation Date: December 8, 1991 Headquarters: The Republic of Belarus Executive Secretaries: Sergei Lebedev Member Countries: 12 Commonwealth of Independent States (CIS) was established on December 8, 1991, and the leaders of the Republic of Belarus, the Russian Federation, and Ukraine signed an a →

What is Bitcoin?

In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of va →

Food Safety and Standards Authority of India (FSSAI)

Headquarter: New Delhi Function and Objective of the Organization: The Food Safety and Standards Authority of India (FSSAI)has been established under Food Safety and Standards Act, 2006 which consolidates various acts & orders that have hitherto handled food-related issues in various Ministries →