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. 'De minimis' level is the minimal amount of trade-distorting subsidy under WTO arrangement. It has been classified under -
1) Blue Box
2) White Box
3) Ambar Box
4) Green Box

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Q. Which of the following initiatives is an effort of Income Tax department to directly communicate with the tax payers?
1) Aaykar Setu
2) SWAYAM
3) SWAYAM PRABHA
4) SUGAM VARTA

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Q. Bharat QR Code is related to which sector of Indian economy?
1) Banking Sector
2) Hospitality Sector
3) Quality Control
4) Education Sector

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Q. Dynamic Daily Pricing model has been adopted in the pricing of -
1) Dairy products at Mother Dairy outlets
2) Petroleum Products mainly petrol and diesel
3) Consumer non durables in Big Bazar
4) Nowhere

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Q. 'Stress Index' is related to -
1) Working women
2) Adolescent Girls
3) Farmers
4) Nomadic Tribes

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Q. India's first International Stock Exchange is in -
1) Mumbai
2) Ahmedabad
3) Gandhinagar
4) Vadodara

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Q. The Digital Wallet Pockets is a complete payment solution launched by -
1) ICICI Bank
2) HDFC Bank
3) Axis Bank
4) SBI

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Q. The term micro-finance frequently appears in newspapers.
Micro-finance includes- 1. small loans
2. small deposits
3. money transfer
4. payment services
Select the correct answer using the codes given below :

1) 1,2 and 3 only
2) 1,3 and 4 only
3) 2, 3 and 4 only
4) 1,2,3 and 4

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Q. Which one of the following statements about 'Niryat Bandhu Scheme' is correct ?
1) It is a scheme for mentoring first generation entrepreneurs
2) It is a scheme for crop protection
3) It is a scheme for the vulnerable section of the socity
4) It is a scheme for monitoring rural poor

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Q. Consider the following statements about impact of tax-
1. A tax is shifted forward to consumers if the demand is inelastic relative to supply.
2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand.
Which of the statements given above is/ are correct ?

1) 1 only
2) 2 only
3) Both 1 and 2
4) Neither 1 nor 2

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