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. South-South dialogue is associated with
1) Co-operation among developing nations
2) Arms conference
3) Summit meeting between the developed and the developing countries
4) All of the above

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Q. Which of the following is not included in the private income arising in a country?
1) Factor income from net domestic product
2) Net factor income from abroad
3) Current transfers from Government
4) Current payments on foreign loans

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Q. Who among the following is the founder of World Economic Forum?
1) Klaus Schwab
2) John Kenneth Galbraith
3) Robert Zoellick
4) Paul Krugman

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Q. G-15 is an economic grouping of -
1) First World Nations
2) Second World Nations
3) Third World Nations
4) Fourth World Nations

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Q. The Bank rate is the rate at which -
1) a Bank lends to the public
2) the RBI lends to the public
3) the RBI gives credit to the Commercial Banks
4) the Government of India lends to other countries

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Q. The agency estimating the National Income of India is -
1) Reserve Bank of India
2) Planning Commission
3) Ministry of Finace
4) Central Statistical Organization

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Q. Which of the following are the objects of International Monetary Fund?
1. Creation of International Monetary Cooperation.
2. Promotion of balanced growth of International Trade.
3. Multilateral payments.
4. All of the above.
Select the correct answer from the code given below--

1) 1 only
2) 1 and 2
3) 2 and 3
4) only 4

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Q. What is the effect of deficit financing on economy?
1) Inflation
2) Deflation
3) Depression
4) Recession

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Q. In India who regulates the money supply?
1. Reserve Bank of India
2. State Bank of India
3. NABARD
4. Commercial Banks
Select the correct answer from the code given below -

1) 1 only
2) 1 and 2
3) 2 and 3
4) 1, 2, 3 and 4

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Q. FDI inflows into India in 2013 were -
1) US $27 billion
2) US $28 billion
3) US $29 billion
4) US $30 billion

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