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. Where is the headquarters of the Insurance Regulatory and Development Authority (IRDA)?
1) Chennai
2) Delhi
3) Kolkata
4) Hyderabad

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Q. According to Gartner, 4-phase maturity model can be arranged in sequence as -
1) Transaction, Interaction, Transformation, and Information
2) Information, Transformation, Interaction, and Transaction
3) Transaction, Information, Interaction, and Transformation
4) Information, Interaction, Transaction, and Transformation

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Q. The task force of blue economy for sustainable development is a collaboration between India and which country?
1) Switzerland
2) Norway
3) Sweden
4) France

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Q. Ways and Means is a load of Advances provided by the RBI to -
1) Central Government
2) Banks
3) State Government
4) NABARD

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Q. Money deposited at a bank that cannot be withdrawn for a preset fixed period of time is known as -
1) Current Deposit
2) Saving Deposit
3) Term Deposit
4) No Frills Account

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Q. On which date was the Ombudsman Scheme for the Non-Banking Financial Companies (NBFC), 2018 effectively introduced by the Reserve Bank of India?
1) 26 January 2018
2) 23 January 2018
3) 26 February 2018
4) 23 February 2018

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Q. The Modi government at the center has formed NITI Aayog by replacing which one of the following?
1) Planning commission
2) Agriculture price commission
3) Finance commission
4) Fiscal commission

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Q. Which of the following institutions does not regulate capital market in India ?
1) RBI
2) SEBI
3) Ministry of Finance
4) IRDA

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Q. In which year was the first Industrial Policy based on the mixed economy principle announced in India ? The policy clearly demarcated the areas of operation of the public and private sectors.
1) 1959
2) 1948
3) 1950
4) 1962

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Q. For the calculation of the 'wholesale price index' in 2019, _________ is taken as the base year.
1) 2013-14
2) 2014-15
3) 2011-12
4) 2012-13

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