Business Quiz Questions with Answers 2024 India

Business quiz questions with answers 2024 India offers a comprehensive collection of questions focused on business, economics, and market trends in India. Perfect for students, educators, and quiz enthusiasts!

Business Quiz Questions with Answers 2024 India

Questions

1. Who is the current Governor of the Reserve Bank of India (RBI) in 2024?
2. Which Indian business tycoon founded the Tata Group?
3. What does MSME stand for in India?
4. Who is known as the “Father of Indian IT Industry”?
5. What is the maximum GST slab rate in India as of 2024?
6. Which year was the Goods and Services Tax (GST) introduced in India?
7. Who is the richest Indian as per Forbes 2024 rankings?
8. What is the primary objective of SEBI (Securities and Exchange Board of India)?
9. Name India’s largest public sector bank.
10. In which city is India’s National Stock Exchange (NSE) located?
11. What is the full form of FDI?
12. Which Indian company is the largest manufacturer of two-wheelers?
13. What is the minimum age for opening a Demat account in India?
14. What does the term “IPO” stand for in the stock market?
15. Who was the first Chairperson of Infosys Technologies?
16. What is India’s position in terms of the world’s largest startup ecosystem as of 2024?
17. Name one popular business news channel in India.
18. Who authored the book Stay Hungry Stay Foolish?
19. Which Indian state is the top producer of silk?
20. What is the main purpose of ‘Make in India’ initiative?
21. When was the Insolvency and Bankruptcy Code introduced in India?
22. Which Indian company acquired the brand Air India?
23. What is the headquarters of LIC located?
24. Which Indian company leads in the renewable energy sector in 2024?
25. What is the term for a market condition where prices fall continuously?
26. Who is credited with coining the term “5G in India”?
27. Name a widely-used mutual fund provider in India.
28. What is the meaning of repo rate in banking?
29. What is the currency symbol of the Indian rupee?
30. Who founded Infosys Technologies?
31. What is the slogan of the Indian brand Amul?
32. Who is the CEO of Tata Consultancy Services (TCS) in 2024?
33. What is the share market index of the Bombay Stock Exchange called?
34. Which Indian company is renowned for software and consulting services globally?
35. What does the term “NPA” stand for in banking?
36. Who is the founder of Reliance Industries?
37. What does RBI primarily regulate in India?
38. Name one popular E-commerce company headquartered in India.
39. Which act governs corporate entities in India?
40. What is the role of NABARD in India’s financial sector?
41. Who are the promoters of Bajaj Auto?
42. What is the annual limit for tax-free income in India for individuals as of 2024?
43. What does CSR stand for in corporate policies?
44. Name the Indian company that manufactures luxury vehicles.
45. Which Indian entrepreneur started the Paytm payment app?
46. In which year was the Indian Institutes of Management (IIM) Act passed?
47. What is the ‘Angel Tax’ applicable to in Indian startups?
48. Name one major export item from India.
49. Which Indian company is a leader in renewable energy projects?
50. What is the headquarters location of the Indian Oil Corporation (IOC)?

Answers

1. Shaktikanta Das
2. Jamsetji Tata
3. Micro, Small and Medium Enterprises
4. Faqir Chand Kohli
5. 28%
6. 2017
7. Mukesh Ambani
8. Protecting investor interests and regulating the securities market
9. State Bank of India (SBI)
10. Mumbai
11. Foreign Direct Investment
12. Hero MotoCorp
13. 18 years
14. Initial Public Offering
15. Narayana Murthy
16. 3rd largest
17. CNBC-TV18
18. Rashmi Bansal
19. Karnataka
20. Promoting domestic manufacturing
21. 2016
22. Tata Group
23. Mumbai
24. Adani Group
25. Bear Market
26. Mukesh Ambani
27. SBI Mutual Fund
28. Rate at which RBI lends to commercial banks
29. ₹
30. Narayana Murthy
31. “The Taste of India”
32. K. Krithivasan
33. Sensex
34. Infosys Limited
35. Non-Performing Asset
36. Dhirubhai Ambani
37. Banking system and monetary policy
38. Flipkart
39. Companies Act, 2013
40. Agricultural and rural development finance
41. Rahul Bajaj
42. ₹5 lakh (subject to change per 2024 tax laws)
43. Corporate Social Responsibility
44. Tata Motors (Jaguar Land Rover)
45. Vijay Shekhar Sharma
46. 2017
47. Investments made by startups, often subject to valuation scrutiny
48. Textiles
49. ReNew Power
50. New Delhi

Key Takeaways of Business quiz questions with answers 2024 India

1. India’s financial market is highly regulated by RBI and SEBI.
2. Major reforms such as GST and IBC have streamlined India’s economy.
3. India’s focus on startups has grown through initiatives like Make in India.
4. The banking sector remains a pivotal part of the economic framework.
5. India is a leader in IT services globally.
6. Taxation policies undergo periodic revisions to support economic stability.
7. Entrepreneurship remains a key driver of economic growth.
8. Indian brands have successfully globalized.
9. Technology drives many of India’s top businesses.
10. Regulatory frameworks ensure transparency and investor protection.

Also Read: 2024 Business Quiz Questions

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