Any process involving buying and selling falls under the realm of business. Teachers and professors across schools, colleges, and institutions teach various aspects of business to help students improve their knowledge on the subject. Understanding these key business concepts is especially valuable for students who plan to build a career in the corporate world. The more they learn, the easier it will be for them to advance in their careers.

In competitive exams, having business knowledge can be a crucial advantage. Apart from topics like Economics, Social Studies, and Science, Business current affairs are also covered in various undergraduate and graduate programs. This gives individuals with a background in business an edge when seeking job opportunities in the future.

For MBA entrance exams like GMAT, NMAT, and CAT, having a strong understanding of the business world is essential. Participating in business quiz contests is a great way to test your knowledge and stay ahead in both academic studies and the corporate sector.

The Need for Business and Economics Quiz Questions and Answers

Free business quizzes offer a practical and educational approach to enhancing your business knowledge. Learning about essential business and economic principles helps create a solid foundation for future entrepreneurs. By engaging with business general knowledge quiz questions, students and professionals alike can stay updated on the latest trends and developments in the corporate world, both in India and internationally.

Significance of Business Quiz for Students and Professionals

Wondering why a business quiz is important? Here are some reasons to participate:

• World Business Quizzes:These quizzes test your knowledge on a global scale.
• For Students:Business quizzes help students score better in exams, especially in the current affairs section.
• For Professionals/Entrepreneurs:Quizzes help them stay informed and gain an advantage over competitors.
• Fun and Learning Combined:Business quiz contests offer a unique mix of education and entertainment.

Let’s Check Out a Set of 10 Business GK Quiz Questions Together:

Q1. Which institution regulates the 'National Pension System' in India?
• Life Insurance Corporation (LIC)
• Pension Fund Regulatory and Development Authority (PFRDA)
• Insurance Regulatory and Development Authority (IRDAI)
• Securities and Exchange Board of India (SEBI)
A. Pension Fund Regulatory and Development Authority (PFRDA)

Q2. Which institution launched the Sustainability Perception Index (SPeX) for MSMEs?
• NITI Aayog
• SEBI
• SIDBI
• RBI
A. SIDBI

Q3. As per the recent World Bank report, what is India’s GDP projection for the current fiscal year (2022-’23)?
• 6.2 %
• 6.5 %
• 7.0 %
• 7.2 %
A. 6.5 %

Q4. Which bank received the CII National Digital Transformation Awards (DX 2022 Awards)?
• Federal Bank
• DBS Bank
• Karnataka Bank
• Bank of Maharashtra
A. Karnataka Bank

Q5. Tata Group has announced a merger between which airline and Air India?
• Vistara
• Indigo
• SpiceJet
• Akasa
A. Vistara

Q6. Which institution released the 'Statistical Tables relating to Banks in India'?
• Finance Ministry
• Reserve Bank of India
• NITI Aayog
• World Bank
A. Reserve Bank of India

Q7. Debenture holders of a company are its?
• Shareholders
• Creditors
• Debtors
• Directors
A. Creditors

Q8. The Wage Policy in India is based on?
• Productivity
• Standard of living
• Cost of living
• None of these
A. Cost of living

Q9. Economic growth is usually coupled with?
• Deflation
• Stagflation
• Hyperinflation
A. Inflation

Q10. Socialism is in favor of?
• Free Competition
• Planned economy
• Unplanned economy
• Equal opportunities
A. Equal opportunities

Participate in Business Quiz Challenges and Earn Coins & Surprising Prizes

Gone are the days when people had limited ways to expand their knowledge of the corporate world. In today's era, you not only get to improve your business understanding but also have fun while doing it. Dive into the exciting world of business quizzes at Apayquizzes for a seamless and enjoyable experience.

Sign up in just a few seconds to access a wide array of free Business General Knowledge quizzes with answers. Participate in daily quiz contests, live presentations, and earn coins. These coins can be used to unlock surprising prizes. Good luck as you aim to climb to the top of the leaderboard!