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. Pump priming should be resorted to at a time of ?
1) Inflation
2) Deflation
3) Stagflation
4) Reflation

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Q. Fixed Foreign Exchange Rate can be changed by -
1) RBI
2) SEBI
3) Ministry of Finance
4) FIPB

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Q. Money market is a market for _______
1) Short term fund
2) Long term fund
3) Negotiable instruments
4) Sale of shares

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Q. What are the activities of Exim Bank of India?
1) It finances, facilitates and promotes India's international trade.
2) It provides competitive finance at various stages of the business cycle covering import of technology, export product development, export product development, export at pre-shipment and post shipment stages and investments overseas.
3) It provides agricultural loans to Indian farmers for nice cultivation.
4) Both (a) and (b)

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Q. Which of the following Organisations/ Institutions releases World Investment Report annually ?
1) World Bank
2) IMF
3) UNCTAD
4) IDA

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Q. The first country launching GST was -
1) France
2) USA
3) Britain
4) Japan

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Q. How many ‘Basic Savings Bank Deposit Acount’ can an individual have in one bank ?
1) Three
2) One
3) Two
4) Any Number

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Q. Consider the following important sources of tax revenue for the Central Government in India- Which one of the following is the correct descending order in terms of Gross Tax Revenue ? I. Union Excise Duty
II. Corporation Tax
III. Income Tax
IV. Service Tax

1) IV, I, II, III
2) II, III, I, IV
3) II, IV, I, III
4) I, II, IV, III

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Q. Which of the following committees has been appointed to look into dispute between ONGC and RIL on KG gas fields ?
1) Pradhan Committee
2) A.P. Shah Committee
3) M.B. Shah Committee
4) Deshmukh Committee

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Q. Which of the following is the first bank to tie up with Indian railways to sell rail tickets through its web site ?
1) State Bank of India
2) ICICI Bank
3) Axis Bank Ltd.
4) Punjab National Bank

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