General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
1
What does M&A stand for?
Answer:
Mergers and Acquisitions
M&A stands for Mergers and Acquisitions. It describes the consolidation of companies or assets through various types of financial transactions.
2
What does ESG stand for?
Answer:
Environmental, Social, and Governance
ESG stands for Environmental, Social, and Governance. These are a set of standards for a company’s operations that socially conscious investors use to screen potential investments.
3
What does MSME stand for?
Answer:
Micro, Small and Medium Enterprises
MSME stands for Micro, Small and Medium Enterprises. It is a sector of the economy composed of businesses that operate on a smaller scale.
4
What does NBFC stand for?
Answer:
Non-Banking Financial Company
NBFC stands for Non-Banking Financial Company. It is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency.
5
What does NNP stand for?
Answer:
Net National Product
NNP stands for Net National Product. It is the monetary value of finished goods and services produced by a country's citizens, overseas and domestically, in a given period, minus depreciation.
6
What does NDP stand for?
Answer:
Net Domestic Product
NDP stands for Net Domestic Product. It measures the net output of a country, calculated by subtracting depreciation from the Gross Domestic Product (GDP).
7
What does GNI stand for?
Answer:
Gross National Income
GNI stands for Gross National Income. It is the total domestic and foreign output claimed by residents of a country.
8
What does NIC stand for (Economy)?
Answer:
Newly Industrialized Country
NIC stands for Newly Industrialized Country. It is a socioeconomic classification applied to several countries around the world whose economies have not yet reached a developed status but have outpaced their developing counterparts.
9
What does NYSE stand for?
Answer:
New York Stock Exchange
NYSE stands for New York Stock Exchange. It is the world's largest stock exchange by market capitalization of its listed companies.
10
What does NASDAQ stand for?
Answer:
National Association of Securities Dealers Automated Quotations
NASDAQ stands for National Association of Securities Dealers Automated Quotations. It is an American stock exchange based in New York City.