General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. Which Index Number method has an upward bias?
1) Laspeyre's method
2) Bowley's method
3) Passche's method
4) Fisher's method

View Answer

Q. The statistical technique used to determine the degree of relationship between two variables is called--
1) Association
2) Index Numbers
3) Correlation
4) Dispersion

View Answer

Q. On Current Daily Status (CDS) basis, the incidence of unemployment in India in 2004-05 was-
1) 8.28%
2) 6.43%
3) 4.52%
4) 10.12%

View Answer

Q. Public Enterprises in India have developed only in -
1) Key and Basic industries
2) Consumer goods industries
3) Service industries
4) All types of industries

View Answer

Q. The difference between the export and import of services is called -
1) Balance of Trade
2) Balance Of Capital account
3) Balance of Current account
4) Balance of Invisible

View Answer

Q. Raul Prebisch's argument is concerned with the effects of business cycles on--
1) Output
2) Balance of Payments
3) Terms of Trade
4) Consumption

View Answer

Q. The Deficit Budget in which the deficits are covered through taxes is called -
1) Unbalanced Budget
2) Balanced Budget
3) Surplus Budget
4) Zero-base Budget

View Answer

Q. Funds not belonging to the Government are called--
1) Consolidated Fund
2) Contingency Fund
3) Private Accounts
4) Public Accounts

View Answer

Q. Which group represents the interests of the developing countries?
1) G-77
2) G-7
3) G-10
4) G-80

View Answer

Q. The doctrine of unbalanced growth has not been advocated by -
1) W.A.Lewis
2) H.W.Singer
3) A.O.Hirschman
4) C.P.Kindleberger

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 Scope in Interior Design

Interior design is a fun and creative field. It mixes art and practicality to make spaces look good and work well. With more people wanting great places to live and work, the need for skilled interior designers is rising. Let’s look at what it takes to have a career in interior design, including nee →

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 →