General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. Which of the following is not an objective of Government Budget?
1) Redistribution of Income and Wealth
2) Economic stability
3) Increase in Gross Domestic Product
4) Deficit Budget

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Q. Which of the following is not a cause of poverty?
1) Economic Inequality
2) Social Inclusion
3) Unemployment
4) Indebtedness

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Q. Which one of the following is a qualitative tool of credit control?
1) Bank Rate
2) Repo Rate
3) Open market operations
4) Margin Requirements

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Q. Which of the following is not a problem in the measurement of National Income?
1) Double Counting
2) Improper Records
3) Difference in Income of the individuals
4) Problem of exclusion and inclusion

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Q. Ngultrum is the currency of -
1) Nepal
2) Bhutan
3) Mayanmar
4) Indonesia

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Q. Which of the following types of banks can neither issue credit cards nor distribute loans and advances to borrowers?
1) Regional Rural Banks
2) Urban Cooperative Banks
3) Payments Banks
4) Small Finance Banks

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Q. Private ownership of the means of production is a feature of an economy.
1) Capitalist
2) Socialist
3) Mixed
4) Dual

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Q. Which of the following is not an example of Direct Tax?
1) GST
2) Income tax
3) Wealth tax
4) Corporate tax

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Q. An expansionary monetary policy to overcome depression or deflationary gap the Central Bank uses -
1) Purchases Government Securities in the open market
2) Increases the reserve requirements of member banks
3) Increases the Bank rate
4) Sales of Government Securities in the open market

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Q. The co-existence of inflation and unemployment is called -
1) Headline inflation
2) Core inflation
3) Stagflation
4) Deflation

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