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. The Partnership for Action on Green Economy (PAGE), a UN mechanism to assist countries transition towards greener and more inclusive economies, emerged at -
1) The Earth Summit on Sustainable Development 2002, Johannesburg
2) The United Nations Conference on Sustainable Development 2012, Rio de Janeiro
3) The United Nations Frame work Convention on Climate Change 2015, Paris
4) The World Sustainable Development Summit 2016, New Delhi

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Q. India ranks 44th in IMD World Competitiveness Index 2018. Which country is at the top in this index ?
1) USA
2) Hong Kong
3) Singapore
4) Switzerland

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Q. Commodity Exchanges in India are now regulated by -
1) Forward Market Commission (FMC)
2) Competition Commission of India (FMC)
3) Securities and Exchange Board of India (SEBI)
4) Reserve Bank of India (RBI)

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Q. Which of the following curves is used to measure the level of inequality ?
1) Lorenz curve
2) Laffer curve
3) Angle's curve
4) Philip curve

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Q. Twenty-one public sector banks (PSBs) have incurred losses totalling ........... due to banking frauds in the financial year 2017-18.
1) Rs. 25, 775 crore
2) Rs. 30, 227 crore
3) Rs. 35, 675 crore
4) Rs. 39, 000 crore

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Q. Under which rule of the business of the Lok Sabha is a discussion on a motion followed by voting -
1) Rule 184
2) Rule 193
3) Rule 197
4) Rule 194

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Q. GDP deflator is a type of -
1) Volume Index
2) Monetary Policy Tool
3) Price Index
4) Fiscal policy tool

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Q. ........ is defined as the output per unit of variable input.
1) Marginal product
2) Production function
3) Total product
4) Average product

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Q. A .......... deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.
1) Current Account
2) Savings Account
3) Capital Account
4) Asset Account

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Q. What average annual growth rate at constant prices was fixed as target for Chhattisgarh State in Twelfth five year plan ?
1) 6.5 per cent
2) 8.13 per cent
3) 8.5 per cent
4) 7.5 per cent

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