General Knowledge Questions Answer GK Quiz

GK General Knowledge - Business And Economics Question Answer Quiz

Q. Farmers' Clubs have been promoted by -
1) Indian Council of Agricultural Research
2) National Bank for Agriculture and Rural Development
3) Regional Rural Banks
4) Ministry of Agriculture, Farmers' Welfare and Cooperation

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Q. World Economic Forum introduced the new Global Competitiveness Index 4.0 in 2019. In this Index 4.0 represents -
1) Industry 4.0 (Fourth Industrial Revolution)
2) Service 4.0 (Fourth Services Revolution)
3) Agriculture 4.0 (Fourth Agricultural Revolution
4) IT 4.0 (Fourth generation IT solutions)

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Q. The theme of XI BRICS Summit 2019 was -
1) 'Economic Growth for an Innovative Future'
2) 'Growth with Sustainable Future'
3) 'Development with Equity'
4) 'Growth, Equity and Inclusiveness'

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Q. The Steel Scrap Recycling Policy, 2019 has been notified by the -
1) Ministry of Road Transport and National Highways
2) Ministry of Steel
3) Department of Heavy Industries
4) Ministry of MSMEs

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Q. In Germany, the term 'Black Zero' is referred to as -
1) Loss making Start-Ups
2) Profitable zero-debt companies
3) Balanced Budget
4) Tainted Companies

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Q. Which was the first private sector bank in India?
1) Catholic Syrian Bank
2) City Union Bank
3) Nedungadi Bank
4) Nainital Bank

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Q. The term Seingnorage refers to -
1) Intrinsic value of currency notes less the cost of production
2) Cost of production of currency notes less intrinsic value
3) Domestic currency value less foreign currency value
4) Inflation adjusted currency value

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Q. Husband and wife jointly borrowed a home loan in the ratio of 50 : 50. Wife enjoys full ownership of the house. Each can avail income tax rebate in the ratio of -
1) Ownership
2) Borrowing
3) Any one, at the borrower's discretion
4) The respective assessee's income

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Q. A substantial increase in capital expenditure or revenue deficit leads to ...........
1) Budgetary Deficit
2) Fiscal Deficit
3) Primary Deficit
4) Revenue Deficit

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Q. What effect will a decrease in demand and an increase in supply have on equilibrium price?
1) Equilibrium price will fall
2) Equilibrium price will rise
3) Equilibrium price will be constant
4) Sometimes price will rise and sometimes it will fall

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