General Knowledge: Business And Economics Questions Answer GK Quiz

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

Q. Which of the following is not an instrument of fiscal policy ?
1) Tax
2) Government Expenditure
3) Bank Rate
4) Public Borrowings

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Q. India has -
1) Socialistic Economy
2) Capitalistic Economy
3) Mixed Economy
4) Free Economy

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Q. Excise Duties are taxes on -
1) Sales of Commodities
2) Export of Commodities
3) Production of Commodities
4) Import of Commodities

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Q. Which of the following technologies is/are widely used under Industry 4.0?
I. Cloud Computing
II. Augmented Reality
III. Cybersecurity
IV. Digital Twins
Choose the correct answer -

1) Only I and II
2) All I, II, III, and IV
3) Only II and III
4) Only I, II, and III

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Q. In return for his investment, a shareholder receives -
1) Undistributed profit
2) Dividends and Bonus shares
3) Interest on investment
4) Profit on investment

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Q. Which one is not the cause of inflation under cost-push factors?
1) Hike in oil prices
2) Increase in taxes
3) Deficit financing
4) Fluctuations in output and supply

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Q. Which of the following is not an objective of Government Budget?
1) Redistribution of Income and Wealth
2) Economic stability
3) Increase in Gross Domestic Product
4) Deficit Budget

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Q. Which of the following is not a cause of poverty?
1) Economic Inequality
2) Social Inclusion
3) Unemployment
4) Indebtedness

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Q. Which one of the following is a qualitative tool of credit control?
1) Bank Rate
2) Repo Rate
3) Open market operations
4) Margin Requirements

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Q. Which of the following is not a problem in the measurement of National Income?
1) Double Counting
2) Improper Records
3) Difference in Income of the individuals
4) Problem of exclusion and inclusion

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