General Knowledge Question Answer: Business And Economics GK Questions and Answers

Q. The mint ratio refers to the amount of ....... to buy an ounce of
1) Platinum, gold
2) Gold, Platinum
3) Silver, Gold
4) Gold, Silver

Q. Which types of industries have potentials and prospects in Bihar ?
1) Oil refinery
2) Forest-based industry
3) Sand-mining industry
4) Agro-based industry

Q. Which of the following statements with respect to Agri Export Zone are true ?
1. The concept of Agri Export Zone (AEZ) was introduced to take a comprehensive look at a particular produce/ product located in a contiguous area for the purpose of developing and sourcing the raw materials, their processing/ packaging, leading to final exports.
2. The concept hinged primarily on convergence of existing Central and State Government schemes to take care of financial interventions required at various stages of value chain.
3. Gujarat has the largest number of Agri export zones in the country.
1) 1 and 2 only
2) 1 and 3 only
3) 2 and 3 only
4) All of the above

Q. There are many ways to categorize poverty. Consider the following statements in this regard.
1. 'The people who are always poor' and those whose are usually poor but who may sometimes have a little more money are called chronic poor.
2. The people who regularly move in and out of poverty are called churning poor.
3. People who are rich most of the time but may sometimes have a patch of bad luck are called occasionally poor.
Select the correct ones :
1) 1 and 2
2) 2 and 3
3) All of the above
4) 1 and 3

Q. IPPBL has received the Certificate of Incorporation from the Registrar of Companies and has become the first PSU under the Department of post. What is the full from of IPPBL ?
1) India post paying Bank Limited
2) India post payments Bank Limited
3) India post-Office payments Limited
4) International post payments Bank Limited