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Economics - Questions and Answers

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711. US-based Platinum Rye Entertainment in July 2012 has picked up a __ stake in Mahesh Bhupati promoted Globo sports brand advisory business.
A. 10 per cent
B. 20 per cent
C. 30 per cent
D. 50 per cent
Explanation:
712. According to the Union - Budget for 2001 - 02, the fiscal deficit has been pegged at
A. 3.9 %
B. 4.7 %
C. 5.8 %
D. 6.7 %
Explanation:
713. Bangalore based Practo Technologies in July 2012 raised __ from investment firm Sequoia Capital.
A. Rs 5 crore
B. Rs 10 crore
C. Rs 15 crore
D. Rs 25 crore
Explanation:
714. In a free economy, inequalities of income are mainly due to
A. Private property only
B. Free competition
C. Differences in the marginal productivity of labour
D. Private property and inheritance
Explanation:
715. Bain Capital Partners LLC in August 2012 agreed to acquire __ of outsourcing company Genpact Ltd from General Atlantic LLC.
A. 50 per cent
B. 40 per cent
C. 30 per cent
D. 20 per cent
Explanation: