General Knowledge: Business And Economics Questions Answer GK Quiz

Business And Economics Question Answer 2023, Business And Economics Quiz Questions 2023

Q. Who among the following first argued that in the face of high deficits, people save more?
1) Amartya Sen
2) Esther Duflo
3) Adam Smith
4) David Ricardo

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Q. What is a 'Unicorn Company' often mentioned in Indian news?
1) Any privately held startup company with a value of over $ 1 billion
2) Any public sector company to be merged with another public sector company
3) Privatization of any loss-making State-owned company
4) Any foreign multinational company doing business in India in collaboration with ai Indian company

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Q. When is the National Startup Day celebrated in India every year?
1) 16th January
2) 12th January
3) 20th January
4) 24th January

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Q. Which of the following organizations is known as Market Regulator in India?
1) SEBI
2) IBA
3) AMFI
4) NSDL

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

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Q. In a Socialist Economy, all the factors of production are owned and controlled by -
1) The public
2) The producers
3) The state
4) The labour-unions

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Q. Marginal Productivity of labour is zero. It indicates which type of unemployment?
1) Open unemployment
2) Seasonal unemployment
3) Disguised unemployment
4) Structural unemployment

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Q. The trade landscape itself is changing dramatically across the globe with certain defining drivers shaping trade of the future -
I. Technology
II. Geopolitics and global exigencies
III. Climate change
IV. International liquidity
V. Fluctuated production of primary commodities
Choose the correct answer -

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

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Q. Serious Fraud Investigation Office (SFIC) is a multi-disciplinary organization under -
1) Ministry of Corporate Affairs
2) Reserve Bank of India
3) Enforcement Directorate
4) Central Bureau of Investigation

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Q. Serious Fraud Investigation Office investigates cases of fraud received from -
1) Reserve Bank of India
2) Securities and Exchange Board of India
3) Ministry of Corporate Affairs
4) Insurance Regulatory and Development Authority

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