General Knowledge: Business And Economics Questions Answer GK Quiz

Business And Economics Question Answer 2023, Business And Economics Quiz Questions 2023

Q. Eco mark is given to a product which is -
1) Rich in carbohydrate
2) Economically viable
3) Environment friendly
4) Un-adulterated

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Q. International Monetary Fund has raised the weighting of in the currency basket of Special Drawing Rights (SDRs).
I. US Dollar
II. Euro
III. Chinese Yuan
IV. Japanese Yen
V. Pound Sterling
The correct code is -

1) Only I
2) Only I and III
3) Only III
4) None of the above

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Q. Which of the following statements is incorrect about World Trade Organisation (WTO)?
1) WTO was established on January 1, 1995
2) The countries at the WTO operate on the basis of consensus
3) Any member-country can veto a deal
4) At least 10 per cent of mem-ber countries can veto a deal

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Q. Niti Ayog formed in -
1) 1 January, 2015
2) 1 February, 2015
3) 1 March, 2015
4) 13 June, 2015

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Q. A country is said to be in a debt trap if -
1) It has to abide by the conditionality imposed by the International Monetary Fund
2) It is required to borrow money to make interest payments on outstanding loans
3) It has been refused loans or aid by creditors
4) The World Bank charges a very high rate of interest on outstanding as well as new loans

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Q. Who among the following economists coined the terminology Hindu Rate of Growth?
1) Bimal Jalan
2) Amiya Kumar Bagchi
3) Vijay Kelkar
4) Raj Krishna

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Q. In which of the following places is a steel plant under SAIL located?
1) Bhilai
2) Bilaspur
3) Raigarh
4) Korba

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Q. Which iron & steel plant was installed with British Technological support?
1) Bhilai
2) Durgapur
3) Rourkela
4) Bokaro

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Q. Narsimhan Committee is related -
1) Higher Education Reforms
2) Tax Structure Reforms
3) Banking Structure Reforms
4) Planning Implementation Reforms

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Q. What was the main theme of the twelfth five-year plan of India?
1) More rapid and more inclusive growth
2) Rapid, more inclusive and sustainable growth
3) Growth with justice and equality
4) Sustainable development

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