General Knowledge Question Answer: Business And Economics GK Questions and Answers

General Knowledge Business And Economics Questions, Business And Economics Quiz for Competitive Exams, Important Business And Economics MCQs for GK

Q. Which of the following is an example of "Foot Loose" industry?
1) Sugar
2) Oil Refinery
3) Software
4) Aluminium

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Q. Indian Rupee is fully convertible at -
1) Current Account
2) Capital Account
3) Trade Account
4) None of the above

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Q. The most appropriate measure of a country's economic growth is its -
1) Gross Domestic Product(GDP)
2) Net Domestic Product(NDP)
3) Net National Product(NNP)
4) Per Capita Product(PCP)

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Q. Which of the following places in India does not have a Stock Exchange?
1) Udaipur
2) Delhi
3) Mumbai
4) Ahmedabad

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Q. An individual visiting UAE will have to make his/her payments in which of the following currencies?
1) Baht
2) Peso
3) Dirham
4) Dinar

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Q. Which of the following schemes launched by the Government of India aims at enhancing the livelihood security of the people in rural areas by guaranteeing hundred days of employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work?
1) MGNREGA
2) ASHA
3) TRYSEM
4) Kutir Jyoti Scheme

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Q. Which of the following organisations prepares rural credit plans on annual basis for all districts in India, which in turn from the base for annual credit plans of all rural financial institutions?
1) CII
2) RBI
3) SIDBI
4) NABARD

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Q. Who amongst the following is the Regulator of Insurance sector in India?
1) IRDA
2) SEBI
3) AMFI
4) RBI

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Q. Which one of the following States has passed a bill to regulate the interest rates on micro-finance?
1) Andhra Pradesh
2) Orissa
3) Karnataka
4) Haryana

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Q. Expand the term IFRS.
1) Indian Financial Reporting Standards
2) International Financial Reporting Standards
3) Indian Financial Reporting Systems
4) None of these

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