IBPS PO General Awareness: Commerce questions with solutions

Q1. When is UN MSME Day celebrated?

1. 27 June
2. 18 May
3. 19 August
4. 17 June

Answer: 27 June

UN MSME Day is observed every year on 27 June to recognize the importance of micro, small and medium-sized enterprises. Hence, 27 June is correct.

Q2. Which of the following is defined as the phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world?

1. Economic Globalization
2. Political Globalization
3. Social Globalization
4. Cultural Globalization

Answer: Cultural Globalization

The description matches cultural globalization, which refers to the spread and standardization of cultural practices, ideas, and expressions across the world. The other options relate to economics, politics, or social structures more broadly.

Q3. Passage: Sales of wox boxes on different days by ABC company. Find ratio.

1. 2:1
2. 1:2
3. 3:1
4. 1:1

Answer: 1:1

Using the given sales data for wox boxes across different days, the required ratio computes to 1:1.

Q4. Visa Inc. is headquartered in:

1. Alabama
2. California
3. Wyoming
4. Ohio

Answer: California

Visa Inc. is headquartered in Foster City, California (later moved to San Francisco, California). It is a global payment technology company.