General Knowledge Questions and Answers
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
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
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
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
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
Where is the headquarters of Bank of Baroda located?
(A) Pune
(B) Kolkata
(C) Vadodara
(D) Mumbai
Correct Answer : C
Where is the Headquarter of NABARD?
(A) Delhi
(B) Kolkata
(C) Chandigarh
(D) Mumbai
Correct Answer : D
‘COPRA’ is a_______
(A) Credit Rationing Scheme
(B) Mega city scheme
(C) Consumer protection Act
(D) Domestic Trade protection measure
Correct Answer : C
The first oil refinery in India was established
(A) Barauni
(B) Visakhapatnam
(C) Digboi
(D) Mumbai
Correct Answer : C
'Mumbai High' is related to?
(A) Steel
(B) Petroleum
(C) Tomb
(D) Jute
Correct Answer : B
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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