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General Knowledge on Business

(Click on suggested Options to select the answer | Color Red means : Wrong & Green Means: Correct)
1. Classification of an enterprise into public or private sector is based on
  • A. number of employees in the enterprise
  • B. ownership of assets of the enterprise
  • C. employment conditions for workers in the enterprise
  • D. nature of products manufactured by the enterprise
  • Check Answer | Discussion
2. Under flexible exchange rate system, the exchange rate is determined
  • A. predominantly by market mechanism
  • B. by the Central Bank
  • C. as a weighted index of a group of currencies
  • D. by the World Trade Organisation
  • Check Answer | Discussion
3. Base rate is the rate below which no bank can allow their lending to anyone.who sets up this 'Base Rate'for banks?
4. 'Sunrise Industries' are industries
  • A. which are well developed and have ample scope for further development
  • B. which improve export performance of the country
  • C. which are small-scale industries
  • D. which have high growth potential and meet further requirements of the economy
  • Check Answer | Discussion
5. Haridwar is well-known for which one of the following industries?
6. In the short run, a producer continues his production as long as he covers
7. The modal agency for implementing the "Rural Infrastructure Development Fund Programmes" is
8. In which area is the public sector most dominant in India?
9. Container Corporation of India Limited (CONCOR) a public sector undertaking is under the administrative control of which of the following ministries?
10. The problem of international liquidity is related to non- availability of

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