Quiz 659: 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] Apollo Global Management LLC
[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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  • CR 7


  • Gajender Bhati

    On August 2, 2017 ,there is a printing mistake in Q10.
    Tea and Coffee are complementary Goods, so Question should be like this

    Which of the following is an example of complementary goods? (not *)

    • Shiny

      Tea and coffee are supplementary goods

    • sahib

      tea and coffee are substitute goods

  • Pranay Mohan

    Very good questions worth reading and input of knowledge must be increased and in this many unknown things come to the surface for all round development of our young and coming generations and it must be updated according to time.

  • saurabh

    very nice

  • Nikhil

    Justify your answer for Complementary goods. It is Printers and Ink Crtridges that are good and a complementary good.

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