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. Which of the following is not true about globalization and its impact on India?
1) Increase in exports is greater than increase in imports
2) It has led to greater flow of Foreign Direct Investment
3) It has expanded trade in goods and services
4) None of the above

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Q. In which year was the Industrial Policy Resolution adopted?
1) 1954
2) 1952
3) 1950
4) 1956

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Q. Which of the following is not a measure of selective credit control?
1) Change in lending margins
2) Sale of government securities
3) Credit rationing
4) Moral suasion

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Q. The term 'Trade Adjustment Assistance' is related to -
1) Current Account Deficit
2) Capital Flow
3) Globalisation
4) Industrialisation

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Q. Which of the following factors affect the bond prices?
I. Inflation
II. Interest rates
III. Credit ratings
IV. Market activity
The correct code is -

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

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Q. 'Liquid funds' are a safe option for investors from the point of view of volatility and the risk of losing capital. Which of the following statements is/is correct regarding liquid funds?
1. Liquid funds are money market instruments.
2. Liquid funds are equity funds.
3. Liquid funds are regulated by SEBI.
Select the correct code from the options given below.

1) Only 1
2) Only 1 and 2
3) Only 2 and 3
4) All 1, 2, and 3

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Q. Which was not included in the three iron-steel plants establi­shed in the Second Five-Year Plan?
1. Durgapur
2. Bokaro
3. Bhilai
4. Rourkela
Select the correct answer using the code given below -

1) Only 1 and 2
2) Only 2
3) Only 3
4) Only 2, 4

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Q. What is the 'State of Food and Agriculture report'?
1) It is an annual report published by the World Health Organization (WHO) summariz­ing global trends in food con­sumption.
2) It is a biennial report released by the Food and Agriculture Organization (FAO) providing an overview of the world’s food and agricultural situation.
3) It is a monthly report pro­duced by the United Nations Development Programme (UNDP) focusing on sustainable development in the agriculture sector.
4) It is a quarterly report by the International Fund for Agricul­tural Development (IFAD) asses­sing the impact of climate change on global food production

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Q. Which of the following is not one of the methods of national income estimation?
1) Banking method
2) Expenditure method
3) Product method
4) Income method

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Q. The revenue of the state governments is raised from the following sources, except -
1) Entertainment tax
2) Expenditure tax
3) Agricultural income tax
4) Land revenue

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