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 do you mean by Demographic Dividend?
1) A rise in the rate of economic growth due to a higher share of working age people in a population
2) A rise in the rate of literacy due to development of educational institution in different parts of the country
3) A rise in the standard of living of the people due to the growth of alternative livelihood practices.
4) A rise in the gross employment ratio of a country due to government policies.

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Q. Which of the following statement about green bond is not true?
1) Green Bond investment is only for climate friendly projects
2) Green bonds were first introduced by European Investment Fund in 2007
3) Green Bonds are Financial Market Innovation
4) Green Bonds are fixed interest loan in short date maturities

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Q. Which of the following is a social objective of business?
1) Innovation
2) Employment generation
3) Business coordination
4) Risk management

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Q. The idea of Cultural Poverty was given by -
1) Oscar Lewis
2) Gunnar Myrdal
3) Aashish Bose
4) Amartya Sen

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Q. Consider the following events and arrange them in chronological order -
1. Establishment of NABARD.
2. Self Help Group Bank Link-age Programme.
3. Kisan Credit Card Plan.
4. Establishment of Regional Rural Bank.
Select the correct answer from the codes given below -
Codes :

1) 4, 1, 2, 3
2) 4, 2, 3, 1
3) 1, 2, 3, 4
4) 4, 3, 2, 1

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Q. The Travel and Tourism Competitive Index (TTCI) is released by -
1) World Bank
2) International Monetary Fund
3) World Economic Forum
4) United Nations Development Programme

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Q. Human Development Report 1997 introduced the concept of Human Poverty Index (HPI) but Human Development Report replaced it with Multidimensional Poverty Index (MPI) in the year -
1) 1999
2) 2005
3) 2010
4) 2015

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Q. Who among the following has given the concept of Human Development?
1) Amartya Sen
2) Mahbub-ul-Haq
3) Sukhamoy Chakravarty
4) G.S. Chaddha

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Q. Indexation is a method whose use can be associated with which one of the following?
1) Controlling inflation
2) Nominal GDP estimation
3) Measurement of savings rate
4) Fixing of wage compensation

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Q. The working of the price mechanism in a free-market economy refers to which one of the following?
1) The interplay of the forces of demand and supply
2) Determination of the inflation rate in the economy
3) Determination of the economy's propensity to consume
4) Determination of the economy's full employment output

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