General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. Consumer Price Index (CPI) has assumed greater significance as it is used :
I. As the base for policy rate revision by the Monetary Policy Committee.
II. As deflators in the National Accounts.

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

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Q. RBI issued fresh 'Prudential frame work for resolution of stressed Assets' on June 7, 2019. It is applicable to -
I. Scheduled commercial banks.
II. All India Financial Institutions.
III. Small Finance Banks.
IV. Large Non Banking Finance Companies.

1) Only I
2) Only I and II
3) Only I, II and IV
4) I, II, III and IV

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Q. Which of the following is/ are big player of shadow banking in India?
I. Non-Banking Finance Companies
II. Mutual Funds

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

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Q. Fiscal Performance Index has been developed and released by -
1) Fourteenth Finance Commission
2) International Bank for Reconstruction and development
3) Confederation of Indian Industry
4) Reserve Bank of India

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Q. Which of the following is a development bank, but also functions as a regulator of its domain?
1) NABARD
2) SIDBI
3) EXIMBank
4) National Housing Bank

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Q. Corporate Average Fuel Efficiency/ Economy Regulations in India came into force from -
1) April 1, 2016
2) April 1, 2017
3) April 1, 2018
4) April 1, 2019

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Q. Which of the following statements is correct about circular economy?
1) Reusing waste back into the production cycle to produce new products
2) Circulation of national income through all segments of the economy
3) Working of economy under zero base budgeting
4) Giving high priority to informal sector

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Q. Interest rate on Public Provident Fund is determined by the -
1) Ministry of Finance
2) Reserve Bank of India
3) Employees Provident Fund Organisation
4) Respective Commercial Banks

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Q. The term bootstrapping is often associated with -
1) Start-ups
2) Mutual Funds
3) Venture Capital Funds
4) Advertising Agencies

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Q. The Employees State Insurance Act is applicable to all those factories which employ -
1) 5 or more employees
2) 10 or more employees
3) 15 or more employees
4) 20 or more employees

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