Business and Economy is an important topic in the General Awareness section in XAT exam. Practising this topic will increase your score overall and make your conceptual grip on XAT exam stronger.
This article gives you a full set of XAT Business and Economy MCQs with explanations and XAT previous year questions (PYQs) for effective practice. Practice of General Awareness MCQs including Business and Economy questions regularly will improve accuracy, speed, and confidence in the XAT 2026 exam.
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XAT Business and Economy MCQs with Solutions
1.
Which company recently acquired MGM Studios to enhance its streaming service content?- Jio
- Amazon
- Netflix
- Disney
- Apple
2.
What is Showrooming?- An individual browses the sites of e-retailers for products and then ends up purchasing the product from some brick and mortar store
- An individual visiting a brick and mortar store to have a look and feel of the product and then ordering the same product through some e-retailers.
- An individual visiting a big box retailer to have a look and feel of the product and then purchasing the same product from nearby kirana (Mom and Pop) store
- An e-retailer using the kirana (Mom and Pop) stores to keep its stock of goods and meets the orders in the nearby localities.
- None of the above
3.
Which is the first GI tagged product in India?- Mysore Silk
- Madhubani Painting
- Kashmiri Apple
- Darjeeling Tea
- Odisha Rasagulla
4.
Which company has launched a dedicated air cargo service in India to speed up deliveries?- Flipkart
- Amazon
- Jiomart
- Tata Cliq
- Snapdeal
5.
Match the brands with the companies:Brand Company a Gillete I Godrej b surf Excel II ITC c Saffola III Hindustan Unilever d Aashirvaad atta IV P and G e Good Knight V Marico - a-i, b-ii, c-iii, d-iv, e-v
- a-iv, b-iii, c-v, d-ii, e-i
- a-iv, b-iii, c-ii, d-v, e-i
- a-v, b-iv, c-iii, d-v, e-ii
- a-iv, b-i, c-ii, d-v, e-iii
6.
The prestigious Horlicks brand of GlaxoSmithKline has been recently brought over by another mega FMCG brand. Name the buyer company.- Cavinkare
- Patanjali
- Nestle
- Dabur
- Hindustan Unilever
7.
Match the following airlines with the countries where they are headquartered.
Airlines Countries 1. AirAsia A. Singapore 2. AZAL B. South Korea 3. Jeju Air C. Azerbaijan 4. Indigo D. India 5. Tigerair E. Malaysia - 1-D, 2-C, 3-E, 4-A, 5-B
- 1-C, 2-A, 3-D, 4-B, 5-E
- 1-A, 2-C, 3-B, 4-D, 5-E
- 1-E, 2-A, 3-C, 4-B, 5-D
8.
Which of the following is not an online learning application?- Coursera
- Duolingo
- Udemy
- Patreon
- Khan Academy
9.
Which Indian business group built the British Royal Navy ship, HMS Minden, on which the lyrics of the national anthem of the United States of America was supposedly written?- Wadia
- Godrej
- Bajaj
- Birla
- Tata
10.
According to the venture capital industry, what is a unicorn?- Any start-up that reaches to employ 1000 people
- Any start-up that makes its owner a billionaire
- Any start-up that raises $1 billion in venture capital
- Any start-up that reaches the valuation of $1 billion
- Any start-up that gives a dividend of $1 billion to its shareholders
11.
Which term is commonly used to describe the strategy employed by firms where they reduce the product size or quality while maintaining the same price?- Reduflation
- Skimpflation
- Shrinkflation
- Inflation
- Deflation
12.
Which of the following companies has acquired 100% stake in Air India?- Adani Group
- Mahindra Group
- Tata Group
- Reliance Industries
- Aditya Birla Group
13.
Which of the mobile service providers is going to launch GigaFiber broadband?- Airtel
- Idea
- Vodafone
- Jio
- BSNL
14.
Which of the following is not a video streaming service?- Netflix
- Primevideo
- Youtube
- Roku
- Itunes
15.
Viacom18 is a popular entertainment network of India. Which of these channels does not belong to Viacom18?- Colors
- Rishtey
- MTV
- Nickelodeon
- Disney International
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