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Business & Economy

26 questions in Current Affairs.

Asked in 2024, 2023, 2022, 2009, 2007, 2006, 2005, 2004, 2003, 2002, 1999

Consider the following statements : Statement-I : Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries. Statement-II : Venezuela has the world's largest oil reserves. Which one of the following is correct in respect of the above statements ?

  1. (a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
  2. (b)Both Statement-I and Statement-II are correct, but Statement-II does <i>not</i> explain Statement-I
  3. (c)Statement-I is correct, but Statement-II is incorrect
  4. (d)Statement-I is incorrect, but Statement-II is correct
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Official answer(d) Statement-I is incorrect, but Statement-II is correct

Consider the following statements : Statement–I : Switzerland is one of the leading exporters of gold in terms of value. Statement–II : Switzerland has the second largest gold reserves in the world. Which one of the following is correct in respect of the above statements?

  1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
  2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
  3. (c)Statement–I is correct but Statement–II is incorrect
  4. (d)Statement–I is incorrect but Statement–II is correct
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Official answer(c) Statement–I is correct but Statement–II is incorrect

Consider the following statements : 1. Vietnam has been one of the fastest growing economies in the world in the recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam's economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time Vietnam's low labour costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service sector in the Indo-Pacific region. Which of the statements given above are correct ?

  1. (a)2 and 4
  2. (b)3 and 5
  3. (c)1, 3 and 4
  4. (d)1 and 2
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Official answer(c) 1, 3 and 4

Match List-I with List-II and select the correct answer using the codes given below the lists: List I (Distinguished Person) (A) B.V. Rao (B) C.K. Prahlad (C) John Kurien (D) Kiran Karnik List II (Area of Work) 1. Automobiles Manufacture 2. Fisheries Economy 3. Information Technology and Software 4. Poultry Farming 5. Management Science

  1. (a)A 2 B 5 C 1 D 3
  2. (b)A 4 B 3 C 2 D 5
  3. (c)A 2 B 3 C 1 D 5
  4. (d)A 4 B 5 C 2 D 3
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Official answer(d) A 4 B 5 C 2 D 3

Match items in the List-I (Businesswoman) with List-II (Company) and select the correct answer using the codes given below the lists: List-I (Businesswoman) A. Zia Mody B. Anuradha J. Desai C. Villoo Morawala Patell D. Meena Kaushik List-II (Company) 1. Venkateshwara Hatcheries 2. AZB & Partners 3. Quantum Market Research 4. Avestha Gengraine Technology 5. Biocon India

  1. (a)A-4 B-1 C-5 D-3
  2. (b)A-2 B-3 C-4 D-1
  3. (c)A-4 B-3 C-5 D-1
  4. (d)A-2 B-1 C-4 D-3
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Official answer(d) A-2 B-1 C-4 D-3

Match List I (Name of the Person) with List II (Associated with) and select the correct answer using the codes given below the lists: List I (Name of the person) A. Brijmohan Lall Mungal B. Kiran Karnik C. Kiran Mazumdar Shaw D. Sunil Mittal List II (Associated with) 1. Biotechnology 2. Automobile industry 3. Software 4. Telecom industry 5. Film industry Codes: A B C D

  1. (a)4 1 5 2
  2. (b)4 3 1 2
  3. (c)2 3 1 4
  4. (d)2 1 5 4
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Official answer(c) 2 3 1 4

Match List I (Distinguished Lady) with List II (Organisation/Industry) and select the correct answer using the codes given below the Lists: List I (Distinguished lady) A. Amrita B. Anu Aga C. Mallika Srinivasan D. Priya Paul List II (Organisation/Industry) 1. National Dairy Development Board 2. Park Hotels 3. Pfizer Limited 4. Thermax Limited 5. Tractors and Farm Equipment Limited Codes: A B C D

  1. (a)1 4 5 2
  2. (b)2 4 1 5
  3. (c)1 3 5 2
  4. (d)2 3 1 5
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Official answer(a) 1 4 5 2

The economic crisis in the latter half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was

  1. (a)mismanagement of the financial resources and financial sector, in general
  2. (b)the prolonged over-valuation of local currencies vis-à-vis the western currencies
  3. (c)the downswing and recession in the western economies which earlier provided export market to these export-oriented countries
  4. (d)None of the above
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Official answer(a) mismanagement of the financial resources and financial sector, in general