General Knowledge Questions Answer GK Quiz

GK General Knowledge - Business And Economics Question Answer Quiz

Q. Which of the following sectors is/are key components of White Economy?
I. Manufacturing of Pharmaceuticals and Medical devices
II. Hospitals, dispensaries and Medical colleges
III. Research and Development in medical science
IV. Paramedical Services
Correct code is -

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

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Q. The two largest denomination notes demonetized on 8 November, 2016 in India were -
1) 500 and 2000
2) 50 and 100
3) 500 and 1000
4) 100 and 500

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Q. Which of the following schemes enjoys the benefit of triple tax exemptions, i.e., the exempt-exempt-exempt (EEE) status?
1) Public Provident Fund
2) Equity Linked Savings Scheme
3) Senior Citizens Savings Scheme (SCSS)
4) National Savings Certificate Scheme

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Q. The Directorate General of Trade Remedies (DGTR), under Commerce Ministry, has initiated a probe to review the need for continuing imposition of antidumping duty on certain types of steel products imported from -
1) China
2) USA
3) Russia
4) Indonesia

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Q. Which economist developed international trade theory in 1817 based on comparative advantage and specialisation?
1) Paul Krugman
2) Gary Becker
3) Milton Friedman
4) David Picardo

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Q. Which of the following pairs is not matched correctly in relation to introduction of BASEL norms introduced by Bank of International Settlement, Basel (Switzerland)?
1) Basel I - 1988
2) Basel II - 2004
3) Basel III - 2010
4) Basel IV - 2021

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Q. Which of these banks has launched a fixed deposit scheme called FD Health?
1) ICICI Bank
2) IDBI Bank
3) Syndicate Bank
4) HSBC Bank

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Q. The total sum of the goods and services produced in a country in a year minus depreciation is called -
1) Gross Domestic Product
2) Gross National Product
3) Gross National Income
4) Net Domestic Product

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Q. In an economy, if the share of its primary sector is 50% or more in the total output of the economy it is called as -
1) Industrial economy
2) service economy
3) Agrarian economy
4) Command economy

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Q. Pump Priming a term coined by Prof. J.M. Keynes is an effective tool to .......
1) Create employment through public investment even in unproductive activities during depression in the economy
2) Control inflation through fiscal measures
3) Encourage private entrepreneurs to invest in core sectors
4) Create infrastructure in urban areas

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