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. India's first special Economic Zone dedicated to the aerospace industries has been launched at
1) Hyderabad
2) Hallargi
3) Shimla
4) Ahmedabad

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Q. Which of the following committees is associated with reforms in small industries?
1) K.L.Rekhi Committee
2) R.Chelliah Committee
3) Abid Hussain Committee
4) None of the above

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Q. Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future?
1) Bombay Stock Exchange (BSE)
2) Indian Banks Association (IBA)
3) Securities & Exchange Board of India (SEBI)
4) Reserve Bank of India (RBI)

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Q. Which sector contributes the maximum share in National income of India?
1) Primary
2) Secondary
3) Tertiary
4) All the above have equal share

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Q. IMF is the result of
1) Hawana Conference
2) Rome Conference
3) Brettonwood Conference
4) Geneva Conference

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Q. The Difference between Gross Domestic product and Net Domestic product is
1) Government Revenue
2) Net Indirect Tax (Indirect Tax Subsidy)
3) Consumption of fixed Capital
4) Net Capital Formation

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Q. In an economy, the sectors are classified into public and private on the basis of
1) employment conditions
2) nature of economic activities
3) ownership of enterprises
4) use of raw materials

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Q. Depreciation is equal to
1) Gross national product - Net national product
2) Net national Product - Gross national product
3) Gross national product - personal income
4) Personal Income - personal taxes

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Q. The relationship between the value of money the price level in an economy is
1) Direct
2) Inverse
3) Propotional
4) Stable

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Q. What was the main reason for a great civil strife in Argentina in 2002-03?
1) Ethnic conflict between the native Red Indian tribes and others
2) Economic crisis due to huge public debt
3) The issue of using native languages as medium of instruction in schools
4) Clashes between goverment troops and secessionist groups

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