General Knowledge Questions Answer GK Quiz

GK General Knowledge - Business And Economics Question Answer Quiz

Q. Which of the following statements about 'Invest India' is/ are correct?
1. It is a joint venture (not for profit) company.
2. It is the National Investment Promotion and Facilitation Agency of India.
Select the correct answer using the code given below.

1) 1 only
2) 2 only
3) Both 1 and 2
4) Neither 1 nor 2

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Q. The Public Financial Management System (PFMS) is a web-based online software application designed, developed, owned and implemented by the
1) Department of Financial Services
2) Institute of Government Accounts and Finance
3) Controller General of Accounts
4) National Institute of Financial Management

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Q. Which one of the following countries is not a founding member of the New Development Bank?
1) Brazil
2) Canada
3) Russia
4) India

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Q. Which of the following is not a component of Foreign Direct Investment?
1) Equity Capital
2) Portfolio Investment
3) Reinvested earnings
4) Intra company loans

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Q. As on October 16, 2020 total membership of International Monetary Fund is -
1) 189 countries
2) 190 countries
3) 191 countries
4) 192 countries

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Q. Which of these institutions fixes the Repo Rate and Reverse Repo Rate in India?
1) Ministry of Finance
2) Comptroller and Auditor General of India
3) State Bank of India
4) Reserve Bank of India

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Q. Which is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?
1) 18%
2) 32%
3) 28%
4) 10%

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Q. Housing Finance Companies in India are under the regulatory framework of -
1) National Housing Bank
2) Reserve Bank of India
3) Securities and Exchange Board of India
4) Ministry of Finance

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Q. In which of the following the termic cap and trade used?
1) Share Broking
2) Mutual Fund Investments
3) Emission Trading
4) Commodity Futures

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Q. Who issues the Special Drawing Rights (SDR) in the following?
1) World Bank
2) World Trade Organization
3) Asian Development Bank
4) International Monetary Fund

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