General Knowledge: Business And Economics Questions Answer GK Quiz

Business And Economics Question Answer 2024, Business And Economics Quiz Questions 2024

Q. Marginal Productivity of labour is zero. It indicates which type of unemployment?
1) Open unemployment
2) Seasonal unemployment
3) Disguised unemployment
4) Structural unemployment

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Q. The trade landscape itself is changing dramatically across the globe with certain defining drivers shaping trade of the future -
I. Technology
II. Geopolitics and global exigencies
III. Climate change
IV. International liquidity
V. Fluctuated production of primary commodities
Choose the correct answer -

1) Only I, III
2) Only II, III, IV, and V
3) Only I, II, and III
4) Only I, II, and III

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Q. Serious Fraud Investigation Office (SFIC) is a multi-disciplinary organization under -
1) Ministry of Corporate Affairs
2) Reserve Bank of India
3) Enforcement Directorate
4) Central Bureau of Investigation

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Q. Serious Fraud Investigation Office investigates cases of fraud received from -
1) Reserve Bank of India
2) Securities and Exchange Board of India
3) Ministry of Corporate Affairs
4) Insurance Regulatory and Development Authority

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Q. ................. is a tax system that collects a greater share of income from those with high incomes than from those with lower incomes.
1) Proportional tax
2) Regressive tax
3) Payroll tax
4) Progressive tax

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Q. The Unique Transaction Reference number is a ...................... character code used to uniquely identify a transaction in the RTGS system.
1) 45
2) 22
3) 34
4) 17

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Q. Auctions or dynamic pricing markets are examples of -
1) B2B commerce
2) C2B commerce
3) C2C commerce
4) None of the above

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Q. In which year did Bharat Heavy Electricals Limited (BHEL) was received the status of Maharatna Company?
1) 2011
2) 2012
3) 2013
4) 2014

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Q. When a leather industry discharges its waste in the river causing water pollution the cost incurred on health hazards is called -
1) Implicit cost
2) Social cost
3) Private cost
4) Opportunity cost

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Q. Which one of the following is a characteristic of oligopolistic industries?
1) Product differentiation
2) Homogeneous goods
3) Price rigidity
4) Price discrimination

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