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. How is the annual budget defined in the Indian Constitution ?
1) Profit and loss statement
2) Annual financial statement
3) Statement of revenue and expenditture
4) None of the above

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Q. With which financial sector are these terms associated : "Free look period, rider, third party administrator, surrender value."
1) Insurance
2) Banking
3) Capital markets
4) Mutual funds

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Q. Which of the following transfer funds from one centre to another in time blocks on the same day ?
1) NEFT
2) EFT
3) RTGS
4) ECS

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Q. The measurement of poverty line in India is based on the criteria of -
1) Dwelling houses
2) Nature of employment
3) Level of education
4) Calorie consumption

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Q. Which of the following financial products is available for investment online ?
1) Post office saving products
2) Senior citizen savings scheme
3) Life Insurance Policy
4) Treasury Bills

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Q. Which of the following is not the means of remitting money ?
1) Electronic clearing service
2) Mail transfer
3) Telegraphic transfer
4) RTGS

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Q. Retail banking includes which of the following ?
1) Corporate loans
2) Foreign exchange transactions
3) Personal loans
4) Micro finance

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Q. Which of the following is a part of Liquidity Adjustment Facility (LAF) ?
1) Repo Rate
2) Reverse Repo Rate
3) Cash Reserve Ratio
4) All of the above

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Q. Where is the headquarters of credit rating agency 'ICRA' ?
1) Delhi
2) Indore, Madhya Pradesh
3) Gurugram, Haryana
4) Hyderabad, Telangana

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Q. The largest component of India's services surplus is -
1) Travel and tourism
2) Information Technology Industry
3) Health and Tertiary medical care
4) Entertainment

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