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. One of the problems in calculating National Income in India is -
1) underemployment
2) inflation
3) low level of savings
4) non-organized sector

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Q. The apex bank for providing agricultural refinance in India is -
1) RBI
2) NABARD
3) SBI
4) Imperial Bank

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Q. According to the 14th Finance Commission, the percentage share of State in the net proceeds of the shareable central tax revenue should be -
1) 32 percent
2) 35 percent
3) 40 percent
4) 42 percent

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Q. Which sector in India attracts the highest FDI equity flow?
1) Construction Sector
2) Energy Sector
3) Automobile Sector
4) Service Sector

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Q. Globalization does not include -
1) reduction in import duties
2) abolition of import licensing
3) free flow of FDI
4) disinvestment of Public Sector Equity

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Q. TRIMS stands for -
1) Trade-Related Income Measures
2) Trade-Related Incentives Measures
3) Trade-Related Investment Measures
4) Trade-Related Innovative Measures

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Q. 'Gullak Bachcha Bank' is a bank based in -
1) Delhi
2) Patna
3) Bhopal
4) Jaipur

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Q. Which one of the following approaches is associated with Prof. Amartya Sen ?
1) Basic Needs Approach
2) Capability Approach
3) Income Approach
4) Welfare Approach

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Q. The business in Stock Markets and other securities markets is regulated by -
1) Stock and Exchange Bank of India
2) Securities and Exchange Board of India
3) Sole Trade and Exchange Bank of India
4) State and exchange Bank of India

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Q. Which of the following costs is related to marginal cost ?
1) Fixed Cost
2) Implicit Cost
3) Prime Cost
4) Variable Cost

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