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The MCQs below are drawn from the Business Administration subject category.
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1
Who is the newly elected President of the World Bank in 2024?
A. Ajay Banga
B. David Malpass
C. Ngozi Okonjo-Iweala
D. None of these
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Explanation
Indian-American executive Ajay Banga assumed office as the President of the World Bank Group in June 2023.
2
Which country was the most recent to withdraw from OPEC?
A. Ecuador
B. Qatar
C. Angola
D. Indonesia
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Explanation
Angola officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) in December 2023 (effective January 2024).
3
Winner of FIFA Women'S World Cup 2023?
A. United States
B. Germany
C. Spain
D. England
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Explanation
Spain won the 2023 FIFA Women's World Cup held in Australia/New Zealand by defeating England 1–0 in the final.
4
Who is the Author of Kitab-ul-Kharag?
A. Imam Malik
B. Ibn Khaldun
C. Imam Yusuf
D. Imam Shafi'i
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Explanation
'Kitab al-Kharaj' is a seminal work on Islamic taxation, land administration, and public finance written by Imam Abu Yusuf, the chief jurist of Caliph Harun al-Rashid.
5
As of 2023, Pakistan is included in the roster of FATF.
A. Black
B. Grey
C. White
D. None of these
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Explanation
Pakistan was formally removed from the FATF Grey List in October 2022, returning to the White list of compliant nations.
6
Which nation holds the distinction of being the top investor in Africa by 2023?
A. United States
B. China
C. Russia
D. None of these
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Explanation
China is the largest bilateral foreign direct investor and trade partner across the African continent.
7
Which country hosted the regular meeting of the SCO Foreign Ministers Council in 2023?
A. China
B. India
C. Uzbekistan
D. None of these
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Explanation
India hosted the Council of Foreign Ministers of the Shanghai Cooperation Organisation (SCO) in Goa in May 2023.
8
China gave a Peace Plan for the Ukraine war in 2023. How many points were included in China's peace plan?
A. 6
B. 10
C. 12
D. None of these
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Explanation
On February 24, 2023, China published a 12-point position paper calling for a political settlement of the Ukraine crisis.
9
The business ______ was looking for an oppurtunity to destroy him.
A. Rival
B. Enemy
C. Opponent
D. None of the above
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Explanation
Rival fits because it denotes a competing business that would look for opportunities to undermine or destroy him.
10
IBM stands for what?
A. International Business Machine
B. Integrated Business Machine
C. Information Business Machines
D. International Business Model
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Correct Option
Explanation
IBM stands for International Business Machine, so International Business Machine is the correct answer.
