General Knowledge Questions Answer GK Quiz

GK General Knowledge - Business And Economics Question Answer Quiz

Q. Ways and Means is a load of Advances provided by the RBI to -
1) Central Government
2) Banks
3) State Government

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Q. Money deposited at a bank that cannot be withdrawn for a preset fixed period of time is known as -
1) Current Deposit
2) Saving Deposit
3) Term Deposit
4) No Frills Account

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Q. On which date was the Ombudsman Scheme for the Non-Banking Financial Companies (NBFC), 2018 effectively introduced by the Reserve Bank of India?
1) 26 January 2018
2) 23 January 2018
3) 26 February 2018
4) 23 February 2018

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Q. The Modi government at the center has formed NITI Aayog by replacing which one of the following?
1) Planning commission
2) Agriculture price commission
3) Finance commission
4) Fiscal commission

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Q. Which of the following institutions does not regulate capital market in India ?
1) RBI
3) Ministry of Finance

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Q. In which year was the first Industrial Policy based on the mixed economy principle announced in India ? The policy clearly demarcated the areas of operation of the public and private sectors.
1) 1959
2) 1948
3) 1950
4) 1962

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Q. For the calculation of the 'wholesale price index' in 2019, _________ is taken as the base year.
1) 2013-14
2) 2014-15
3) 2011-12
4) 2012-13

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Q. Which of the following may be classified as a Pigouvian tax?
1) Long term capital gain tax
2) Corporate tax
3) Carbon tax
4) Income tax

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Q. Which of the following types of banks have been established in India under differentiated bank-ing?
I. Regional Rural Banks
II. Universal Banks
III. Small Finance Banks
IV. Private Banks
V. Payments Bank
Correct code is -

1) Only I, III and V
2) Only II and IV
3) Only II
4) All I, II, III, IV and V

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Q. The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as -
1) Primary deficit
2) Fiscal deficit
3) Current deficit
4) Capital deficit

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