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 expres­sion shows the formula of Gross Fiscal Deficit?
1) Gross Fiscal Deficit = Primary Deficit + Net borrowing from abroad
2) Gross Fiscal Deficit = Total Expenditure - Revenue Receipts
3) Gross Fiscal Deficit = Revenue Deficit + Capital Expenditure
4) Gross Fiscal Deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroad

View Answer

Q. The Global Gender Gap Report is released by -
1) The UN Women
2) The World Economic Forum
3) The UNDP
4) The World Bank

View Answer

Q. The G-20 members represent -
1. around 85% of the global GDP.
2. about 50% of the global trade.
3. about two-thirds of the world population.
Which of the above statistics is/are correct?

1) Only 1 and 3
2) 1, 2 and 3
3) Only 1and 2
4) Only 1

View Answer

Q. Which among the following currencies is the costliest?
1) US Dollar
2) Pound Sterling
3) Euro
4) None of the above

View Answer

Q. India signed the Economic Co­operation and Trade Agreement (ECTA) with which country?
1) Australia
2) USA
3) UK
4) UAE

View Answer

Q. The Foreign Exchange Reserves (FER) of RBI include which of the following?
1. Foreign Currency Assets (FCA).
2. Gold
3. Special Drawing Rights (SDR).
4. Reserve Tranche Position.
Select the correct answer using the codes given below -

1) Only 1, 2 and 3
2) Only 2, 3 and 4
3) Only 1 and 2
4) All of the above

View Answer

Q. Which of the following is not true about globalization and its impact on India?
1) Increase in exports is greater than increase in imports
2) It has led to greater flow of Foreign Direct Investment
3) It has expanded trade in goods and services
4) None of the above

View Answer

Q. In which year was the Industrial Policy Resolution adopted?
1) 1954
2) 1952
3) 1950
4) 1956

View Answer

Q. Which of the following is not a measure of selective credit control?
1) Change in lending margins
2) Sale of government securities
3) Credit rationing
4) Moral suasion

View Answer

Q. The term 'Trade Adjustment Assistance' is related to -
1) Current Account Deficit
2) Capital Flow
3) Globalisation
4) Industrialisation

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 Opportunities in Sports Management

IntroductionAre you passionate about sports but don't see yourself as an athlete? Do you find the business side of sports fascinating? A career in sports management could be your winning ticket! This field combines business, sports, and management, offering dynamic roles that go far beyond the field →

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 →