General Knowledge: Business And Economics Questions Answer GK Quiz
Business And Economics Question Answer 2023, Business And Economics Quiz Questions 2023
Q. ................. is a tax system that collects a greater share of income from those with high incomes than from those with lower incomes.
1) Proportional tax
2) Regressive tax
3) Payroll tax
4) Progressive tax
Q. The Unique Transaction Reference number is a ...................... character code used to uniquely identify a transaction in the RTGS system.
1) 45
2) 22
3) 34
4) 17
Q. Auctions or dynamic pricing markets are examples of -
1) B2B commerce
2) C2B commerce
3) C2C commerce
4) None of the above
Q. In which year did Bharat Heavy Electricals Limited (BHEL) was received the status of Maharatna Company?
1) 2011
2) 2012
3) 2013
4) 2014
Q. When a leather industry discharges its waste in the river causing water pollution the cost incurred on health hazards is called -
1) Implicit cost
2) Social cost
3) Private cost
4) Opportunity cost
Q. Which one of the following is a characteristic of oligopolistic industries?
1) Product differentiation
2) Homogeneous goods
3) Price rigidity
4) Price discrimination
Q. Which one of the following is not a direct determinant of demand?
1) Saving
2) Income
3) Price of the commodity
4) Taste
Q. Securities and Exchange Board of India on June 20, 2022 has set up an advisory committee under the chairmanship of K.V. Kamath, Chairman of National Bank for Financing Infrastructure and Development. The Committee will identify use case scenario of -
1) Insider Trading
2) Over Pricing of IPOs
3) Hybrid Securities
4) Open ended Mutual fund
Q. Which of the following statements is incorrect about Neobanks?
1) A neobank is a digital bank which neither has an office nor any branches
2) A neobank is a fintech firm that provides digital and mobile-first services like payments, debit cards, money transfers, lending, and more.
3) Reserve Bank of India has decided to issue banking license to neobanks
4) Jupiter, Fi, Niyo, and RazorpayX are currently working on the principle of neobank in partnerships with traditional banks
Q. L.B.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context?
1) Loan Banking Scheme
2) Lead Banking Scheme
3) Loan Banking System
4) Lead Breaking System
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