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. Ru Pay has been launched by -
1) State Bank of India
2) NABARD
3) National Payments Corporation of India Limited
4) National Securities Depository Limited

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Q. The 9th annual BRICS Summit was held in -
1) Beijing
2) Chongqing
3) Tianjin
4) Xiamen

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Q. The venue of the formal launching of GST in India on July 1, 2017 was -
1) Parliament House
2) India Gate
3) Prime Minister's Office
4) Rashtrapati Bhawan

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Q. Improvement of profit volume ratio can be done by the following -
1) Increasing selling price
2) Altering sales mixture
3) Reducing Variable cost
4) All of the above

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Q. What kind of tax is G.S.T.?
1) Direct Tax
2) Indirect Tax
3) Depends on the type of goods and services
4) None of the above

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Q. Which one of the following will not have a direct impact on human capital formation?
1) Education
2) Medical care
3) Training
4) Irrigation

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Q. Uruguary round pertains to -
1) WTO
2) IMF
3) GATT
4) World Bank

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Q. Who is the fiscal agent and advisor to government in monetary and financial matters?
1) NABARD
2) SBI
3) RBI
4) NITI Ayog

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Q. Net export equals to -
1) Export x Imports
2) Export + Imports
3) Export - Imports
4) Exports of services only

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Q. The Indian Rupee was made fully convertible on current account in -
1) 1994
2) 1995
3) 1996
4) 1997

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