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. Taxes raised are credited into -
1) Consolidated Fund
2) Contingency Fund
3) Public Accounts
4) Private Accounts

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Q. Which institute estimates National Income of India?
1) ISI
2) RBI
3) CSO
4) NABARD

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Q. Which Five Year Plan has laid emphasis on Faster, Sustainable and Inclusive growth?
1) Eleventh Five Year Plan
2) Twelfth Five Year Plan
3) Tenth Five Year Plan
4) Ninth Five Year Plan

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Q. The economic development process is concerned with -
1) a rise in per capita income
2) a rise in percentage of G.D.P.
3) changes in the structure of economy
4) All of the above

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Q. Which of the following commodities has highest export from India in 2017?
1) Agriculture and allied products
2) Chemicals
3) Engineering goods
4) Textiles

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Q. The main reason for the high growth of money supply in India since 1990 is -
1) Taxation
2) Foreign borrowing
3) RBI credit to the government
4) Budgetary expenditure

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Q. The Central Banking Functions in India are performed by -
1) Central Bank
2) SBI
3) RBI
4) Both (B) and (C)

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Q. ........ digital bank is named after one of its founders.
1) Goldman Sachs
2) DBS
3) YES Bank
4) JPMorgan Chas

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Q. World Economic Forum was founded by -
1) Klaus Schwab
2) Paul Krugman
3) Bill Gates
4) Peter Thiel

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Q. Key components of Reserve Bank of India's Surplus reserves are -
I. Contingency Fund.
II. Asset Development Fund.
III. Currency and gold revaluation account.
IV. Foreign exchange forward contracts valuation account.
V. Investment revaluation account rupee securities.
Correct code is :

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

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