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General Knowledge Questions and Answers

2 years ago 3.8K Views
Q :  

Unemployment that arises when there is a general downturn in business activity is known as 

(A) Structural unemployment

(B) Frictional unemployment

(C) Cyclical unemployment

(D) Disguised unemployment

Correct Answer : C

Q :  

What does the Lorenz Curve indicate?

(A) Relationship between the price of a certain commodity and its demand

(B) Income distribution

(C) Rate of employment

(D) Taxable income elasticity

Correct Answer : B

Q :  

Process making of bricks by using soil comes under which sector of economic activity?

(A) Tertiary sector

(B) Primary sector

(C) Secondary sector

(D) None of these

Correct Answer : C

Q :  

In Economics, buying an asset in one market and simultaneously selling an identical asset in another market at a higher price is termed as ____________.

(A) Depreciation

(B) Mortgage

(C) Devaluation

(D) Arbitrage

Correct Answer : D

Q :  

At present, what kind of unemployment problem remains a very serious problem in the country?

(A) Rural unemployment

(B) Urban unemployment

(C) Educated unemployment

(D) Open unemployment

Correct Answer : C

Q :  

 Where is the headquarters of Bank of Baroda located?

(A) Pune

(B) Kolkata

(C) Vadodara

(D) Mumbai

Correct Answer : C

Q :  

Where is the Headquarter of NABARD?

(A) Delhi

(B) Kolkata

(C) Chandigarh

(D) Mumbai

Correct Answer : D

Q :  

‘COPRA’   is a_______

(A) Credit Rationing Scheme

(B) Mega city scheme

(C) Consumer protection Act

(D) Domestic Trade protection measure

Correct Answer : C

Q :  

The first oil refinery in India was established

(A) Barauni

(B) Visakhapatnam

(C) Digboi

(D) Mumbai

Correct Answer : C

Q :  

'Mumbai High' is related to?

(A) Steel

(B) Petroleum

(C) Tomb

(D) Jute

Correct Answer : B

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