General Knowledge: Business And Economics Questions Answer GK Quiz

Business And Economics Question Answer 2025, Business And Economics Quiz Questions 2025

Q. As on October 16, 2020 total membership of International Monetary Fund is -
1) 189 countries
2) 190 countries
3) 191 countries
4) 192 countries

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Q. Which of these institutions fixes the Repo Rate and Reverse Repo Rate in India?
1) Ministry of Finance
2) Comptroller and Auditor General of India
3) State Bank of India
4) Reserve Bank of India

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Q. Which is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?
1) 18%
2) 32%
3) 28%
4) 10%

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Q. Housing Finance Companies in India are under the regulatory framework of -
1) National Housing Bank
2) Reserve Bank of India
3) Securities and Exchange Board of India
4) Ministry of Finance

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Q. In which of the following the termic cap and trade used?
1) Share Broking
2) Mutual Fund Investments
3) Emission Trading
4) Commodity Futures

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Q. Who issues the Special Drawing Rights (SDR) in the following?
1) World Bank
2) World Trade Organization
3) Asian Development Bank
4) International Monetary Fund

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Q. A persistent fall in the general price level of goods and services is known as -
1) Deflation
2) Disinflation
3) Stagflation
4) Depression

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Q. Payment Banks are not allowed to -
1) Open Saving A/c
2) Open Current A/c
3) Advance Loan
4) Access Deposit

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Q. The biggest center of Software and Business Process Outsourcing Industries is established in U.P. in which of the following cities?
1) Meerut
2) Kanpur
3) Varanasi
4) Noida

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Q. Why are the indirect taxes termed regressive taxing mechanism?
1) They are charged at higher rate than direct taxes
2) They are charged the same rates for all income groups
3) They are not charged the same for all income groups
4) None of the above

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