General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. On which of the following rates, the Reserve Bank of India purchase the Other Commercial Papers and Rediscount Bills of Exchange from the Banks?
1) Repo Rate
2) Reverse Repo Rate
3) Bank Rate
4) Base Rate

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Q. Which of the following is/are linked with the financial sector of India and controlled by the Reserve Bank of India (RBI)?
1) Commercial Bank
2) Money lenders
3) Stock exchange operations
4) All of the above

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Q. Which is a central problem of an economy?
1) Allocation of resources
2) Optimum utilization of resources
3) Economic development
4) All of the above

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Q. A Non-Banking Financial Company (NBFC) is a company registered under the ____________.
1) RBI Act, 1934
2) Company Act, 1956
3) NBFC Act, 1956
4) Government Securities Regulation, 1913

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Q. Plan revenue expenditure relates to -
I. Five-year plans
II. Salaries and pensions.

1) Only I
2) Neither I nor II
3) Both I and II
4) Only II

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Q. In which year was the Reserve Bank nationalised?
1) 1949
2) 1935
3) 1969
4) 1992

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Q. Which of the following is a benefit of industrial development and foreign trade?
1) Increased competition
2) Reduced availability of goods
3) Decreased economic growth
4) Higher unemployment rates

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Q. As per the Food Safety and Standards Act, 2006, which of the following marks is made man­datory on all processed fruit products sold in our country?
1) FPO
2) ISI
3) BEE
4) HALLMARK

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Q. In which year did the nationalisation of banks start in India?
1) 1966
2) 1969
3) 1975
4) 1980

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Q. Bombay Stock Exchange is the _______ stock exchange of Asia.
1) first
2) second
3) fourth
4) third

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