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. Revised statutory framework for monetary policy is effective from -
1) January 1, 2017
2) August 5, 2016
3) April 1, 2017
4) July 1, 2017

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Q. India's stock of external debt as on September 30, 2017 is -
1) UR $ 490.7 billion
2) US $ 489.6 billion
3) US $ 475.9 billion
4) US $ 495.7 billion

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Q. In which year saving investment gap was highest?
1) 2012-13
2) 2013-14
3) 2014-15
4) 2015-16

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Q. Which of the following items has the highest Engel's elasticity with respect to Private Final Consumption Expenditure?
1) Health
2) Clothing and footwear
3) Eduction
4) Food and non-alcoholic beverages

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Q. GDP growth of Indian economy has averaged........ for the period from 2014-15 to 2017-18.
1) 7.3 per cent
2) 7.5 per cent
3) 7.7 per cent
4) 7.8 per cent

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Q. Based on the UN Habitual Data, the World Economic Forum has recently named two Indian cities as the world's most crowded cities. The cities are Mumbai and -
1) New Delhi
2) Kolkata
3) Surat
4) Kota

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Q. The Tarun Ramadorai panel set up by the Reserve Bank of India (RBI) has been tasked to look at the various facets of the -
1) Household finance in India
2) Digital Banking initiatives
3) Demonetisation
4) Payment Banks

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Q. The 'Ease of Doing Business Index' is an index proposed by the -
1) World Trade Organisation
2) World Economic Forum
3) Asian Development Bank
4) World Bank Group

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Q. According to RBI guidelines, a scheduled commercial bank can own stake in a payments bank to the extent permitted under Section 19(2) of the -
1) Public Financial Institutions Act, 1956
2) Banking Regulation Act, 1949
3) State Bank of India Act, 1955
4) Reserve Bank of India Act, 1953

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Q. The 'IRS' is a liquid financial derivative instrument which can be used to hedge against charges in -
1) Income streams
2) Interest rates swap
3) Stock notices
4) Exchange Rates

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