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. How much loan amount will be granted by bank under 'Pradhan Mantri Mudra Yojana' for industry, business and service under 'Kishor enterprise' ?
1) Rs. 50,000
2) More than Rs. 50,000 and up to Rs. 1,00,000
3) More than Rs. 1,00,000 and up to Rs. 5,00,000
4) More than Rs. 50,000 and up to Rs. 5,00,000

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Q. What is share of direct taxes in total tax-revenue of Chhattisgarh Statee in the 2016-17 Budget ?
1) 68.56%
2) 56.68%
3) 31.44%
4) 44.31%

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Q. What was the designation of the Chief Revenue Officer during Kalchuri period in Chhattisgarh ?
1) Mahabaladhikrit
2) Akshpatalik
3) Mahapramat
4) Revenue Secretary

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Q. During the Neolithic Age the earliest evidence of the origin of agriculture has been found at which of the following place in the North-Western region of Indian sub-continent ?
1) Mundigak
2) Mehargarh
3) Damb Sadat
4) Balakot

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Q. Why the rights are called Fundamental Rights because—
1. It is written in the Constitution.
2. It is democratic.
3. It is public welfare.
4. It is essential for personality development.
5. Parliament can't make law against it.

1) 1, 2, 3
2) 1, 3, 5
3) 1, 4, 5
4) 2, 3, 5

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Q. During 2011-12 to 2015-16, the contribution of Service Sector in the growth rate of Indian economy is—
1) 72.4 per cent
2) 50.7 per cent
3) 69.0 per cent
4) 66.0 per cent

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Q. Which of the following correctly explain that India is under-developed economy ?
1. Inequitable distribution of income.
2. High dependency ratio.
3. Slower rate of increase in national income.
4. Change in banking and financial sector.
Select the correct answer using the codes given below—

1) 1, 3 and 4
2) 1, 2 and 4
3) 1 and 4
4) All of these

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Q. Which is the largest item under Non-plan Expenditure of Central Government ?
1) Defence
2) Subsidy
3) Interest payment
4) Pension

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Q. Which Central Public Enterprise has borne loss in India in the year 2014-15 ?
1) Oil and Natural Gas Corporation (ONGC)
2) National Mineral Development Corporation
3) Bharat Sanchar Nigam Ltd.
4) Coal India Ltd.

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Q. When RBI announced on increase in Cash Reserve Ratio (CRR) then what does it mean ?
1) The Union Government will have less money to lend
2) The RBI will have less money to lend
3) The commercial bank will have less money to lend
4) All of the above

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