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. What type of Products does CACP recommend minimum support price for?
1) Industrial Products
2) Agricultural Products
3) Pharmaceutical Products
4) None of the above

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Q. The proportion of labour in GNP (Gross National Product) becomes low due to the following reasons -
1) Price lag behind wages
2) Profit lags behind prices
3) Prices lag behind profit
4) Wages lag behind price

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Q. Land Development Banks form part of -
1) Commercial Banks
2) IDBI
3) FCI
4) Cooperative Credit Structure

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Q. Among the following tax revenues of the Union Government, which is the biggest source?
1) Income Tax
2) Corporation Tax
3) Central Excise
4) Customs Duty

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Q. "Yen" is the currency of __
1) China
2) Japan
3) Italy
4) South Korea

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Q. Bad loans in banking terminology are generally known as _________
1) BPOs
2) Prime Asset
3) NPAs
4) CBS

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Q. "The Doing Business Report" is prepared by which of the following organizations every year?
1) World Bank
2) Asian Development Bank (ADB)
3) International Monetary Fund (IMF)
4) World Trade Organization(WTO)

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Q. Which of the following is not a banking related term?
1) SME Finance
2) Equinox
3) Overdraft
4) Sanctioning Authority

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Q. India's first special Economic Zone dedicated to the aerospace industries has been launched at
1) Hyderabad
2) Hallargi
3) Shimla
4) Ahmedabad

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Q. Which of the following committees is associated with reforms in small industries?
1) K.L.Rekhi Committee
2) R.Chelliah Committee
3) Abid Hussain Committee
4) None of the above

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