Daily GK Quiz-11: Business, Finance & Economy for SSC and Banking Exams

1.

Duty Entitlement Pass Book (DEPS) is an scheme of Indian Government provided to _?

[A] Exporters
[B] Importers
[C] Wholesalers
[D] Retailers

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2.

Frugal engineering is defined as the process of:

[A] raising the profit of a firm by reducing labour and capital cost
[B] reducing the complexity and cost of a good and its production
[C] accelerating the profit of a firm by adoption of science-based innovations
[D] increasing customer base by offering discounts to customers

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3.

Which of the following firms has been recently named as the world’s biggest private equity firm?

[A] Aditya Birla Group
[B] Blackstone Group
[C] Goldman Sachs
[D] General Atlantic

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4.

Which of the following currencies is not included in the Special Drawing Rights (SDR) Currency Basket?

[A] Indian Rupee
[B] British Pound
[C] Japanese Yen
[D] Chinese Renminbi

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5.

Which of the following statements is correct about the chairperson of Monetary Policy Committee (MPC)?

[A] The chairperson of the committee is appointed by the RBI Governor
[B] RBI Governor is the ex officio Chairperson of the committee
[C] Finance Minister is the ex-officio chairperson of the committee
[D] The Chairperson of the committee is appointed by the Finance Minister

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6.

Which of the following was the first paper currency issued by RBI?

[A] Rs 1-Note
[B] Rs 2-Note
[C] Rs 5 Note
[D] Rs 100 Note

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7.

At which of the following places printing press of Reserve Bank of India is not present?

[A] Nashik
[B] Dewas
[C] Salboni
[D] Mumbai

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8.

The base year for the calculation of all-India Index of Industrial Production (IIP) is:

[A] 2004-05
[B] 2005-06
[C] 2010-11
[D] 2011-12

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9.

Which of the following industries is the not covered in the Index of Eight Core Industries?

[A] Electricity
[B] Crude Oil
[C] Natural Gas
[D] Pharmaceutical

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10.

Which of the following is not an example of complementary goods?

[A] Printers and Ink Cartridges
[B] Tea and Sugar
[C] Mobile phones and SIM cards

[D] Tea and Coffee

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