General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. Which of the following factors is the most significant among the multiple factors that go into the formulation of Minimum Support Prices for the major agricultural products which are announced each year?
1) Changes in input price
2) Trends in market prices
3) Cost of production
4) Parity between prices paid and prices received by farmers

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Q. What does the term short selling refer to?
1) Contract with a broker for sale of shares in a rising market
2) Hoarding commodities to create artificial shortage and reduce sales
3) Selling shares through a broker without actually holding shares generally either in a falling market and/or to induce a bear phase
4) Selling shares through a broker in a 'Bear' phase of the market

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Q. Which currency is commonly used in most European countries?
1) Dollar
2) Pound
3) Yen
4) Euro

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Q. Which of the following is not a Nationalised Bank?
1) State Bank of India
2) Oriental Bank of India
3) United Bank of India
4) Yes Bank

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Q. Which of the following is/are the Textile Research Associations (TRAs) financially supported by Ministry of Textiles?
A. Wool Research Association (WRA)
B. Man Made Textiles Research Association (MANTRA)
C. Bombay Textiles Research Association (BTRA)

1) A & B
2) B & C
3) A & C
4) all these

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Q. 'Reid & Taylor', the leading luxury suiting brand of India belongs to which textile industry?
1) OCM
2) S. Kumar
3) Raymond
4) Reliance

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Q. 'Adidas Group', the international sports goods manufacturer is from
1) Germany
2) USA
3) Itay
4) Spain

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Q. Which Indian automobile manufacturer company partnered with Snapdel.com the online market place for selling its two-wheelers?
1) Bajaj
2) Mahindra
3) Hero
4) TVS

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Q. ___ is called 'Golden Fibre' in Indian textile industry.
1) Cotton
2) Silk
3) Jute
4) Wool

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Q. Indian Woollen Industries import raw wool mainly from which country?
1) New Zealand
2) Pakistan
3) Turkey
4) Australia

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