Business, Economy & Corporate Affairs Previous Year Questions (PYQs) for XAT: 3+ Solved Questions with Step-by-Step Solutions

    Solve 3+ Business, Economy & Corporate Affairs previous year questions for XAT with answers and detailed solutions. Free sample questions below.

    Chapter Roadmap: Business, Economy and Corporate Affairs

    Chapter Journey: Business, Economy and Corporate Affairs

    This chapter is structured around three interconnected pillars that drive the modern Indian economy.

    Pillar 1: Economic Policy and Financial Governance
    Taxation frameworks, rate rationalization, and institutional safeguards.
    Goal: Understand how policies boost consumption and protect investors.
    Pillar 2: Infrastructure and Logistics
    Mega engineering marvels, railway integration, and private cargo supply chains.
    Goal: Track how physical infrastructure reduces logistics costs.
    Pillar 3: Corporate Mergers, Acquisitions and Rebranding
    100% stake acquisitions, cross-border media buys, and strategic name changes.
    Goal: Decode the business logic behind corporate consolidation.
    Chapter Weightage Hint: This topic anchors the chapter with high-frequency prompts on recent acquisitions and infrastructure milestones. Mastering these three pillars provides a comprehensive view of the macroeconomic landscape.

    The Triad of Economic Growth: Policy, Infrastructure, and Corporate Action

    The Core Intuition

    To master this topic, view the economy as an interconnected system driven by three forces:

    1. The Rule Maker (Economic Policy) The government sets the rules of the game. By adjusting tax slabs or issuing fraud-awareness booklets, they control liquidity, protect consumers, and incentivize specific sectors.
    2. The Physical Enabler (Infrastructure) Policies are useless without physical execution. Mega bridges, rail networks, and dedicated cargo fleets reduce the friction of moving goods, directly lowering the cost of doing business.
    3. The Market Player (Corporate Action) Private entities respond to policies and infrastructure by consolidating. They acquire competitors, buy content libraries, or rebrand to capture market share and achieve economies of scale.
    Exam Insight: Competitive exams rarely test isolated facts. They test your understanding of how a corporate move, like buying an airline, aligns with national infrastructure goals and economic policy.

    Business, Economy & Corporate Affairs: Solved Questions with Step-by-Step Explanations (3 Problems)

    Question 1 · General Knowledge (GK) MCQ

    Which company recently acquired MGM Studios to enhance its streaming service content?

    1. A.

      Jio

    2. B.

      Amazon

    3. C.

      Netflix

    4. D.

      Disney

    5. E.

      Apple

    Correct Answer:

    B

    Step-by-Step Solution

    Key idea: This is a factual recall question regarding major corporate acquisitions in the media and streaming sector.

    Step 1: Identify the target asset: "MGM Studios".

    Step 2: Recall recent mega-acquisitions in the streaming wars. Amazon acquired Metro-Goldwyn-Mayer (MGM) to significantly expand its Prime Video content library with classic films and franchises.

    Step 3: Eliminate other tech/media giants. Disney acquired 21st Century Fox, not MGM. Netflix and Apple focus on original content production and have not acquired MGM.

    Answer: Amazon

    Question 2 · General Knowledge (GK) MCQ

    Match the new names of the given companies with their respective old names.

    1. A.

      A1, B3, C4, D2

    2. B.

      A2, B3, C1, D4

    3. C.

      A3, B2, C1, D4

    4. D.

      A2, B1, C4, D3

    5. E.

      A1, B2, C3, D4

    Correct Answer:

    B

    Step-by-Step Solution

    Key idea: This is a corporate rebranding matching question, recognizable by the request to pair old company names with their new names.

    Step 1: Recall the standard context for this specific exam question. The old names are A: Google, B: Facebook, C: Phillip Morris, D: McAfee. The new names are 1: Altria, 2: Alphabet, 3: Meta, 4: Trellix.

    Step 2: Match Google. Google restructured to create a new parent holding company named Alphabet. Thus, A matches with 2.

    Step 3: Match Facebook. Facebook Inc. rebranded to Meta Platforms to reflect its strategic focus on the metaverse. Thus, B matches with 3.

    Step 4: Match Phillip Morris. Phillip Morris Companies Inc. changed its name to Altria Group to distance itself from tobacco associations. Thus, C matches with 1.

    Step 5: Match McAfee. The enterprise business of McAfee was spun off and rebranded as Trellix. Thus, D matches with 4.

    Step 6: Combine the matches to form the sequence: A-2, B-3, C-1, D-4.

    Answer: A2, B3, C1, D4

    Question 3 · General Knowledge (GK) MCQ

    Which institution published the cartoon book titled Raju& The Forty Thieves- A Booklet on Modus Operandi of Financial Fraudsters?

    1. A.

      The Punjab National Bank

    2. B.

      The Ministry of Corporate Affairs, Government of India

    3. C.

      The Ministry of Finance, Government of India

    4. D.

      The Reserve Bank of India

    5. E.

      The State Bank of India

    Correct Answer:

    D

    Step-by-Step Solution

    Key idea: This is a factual recall question about institutional publications for financial awareness.

    Step 1: Identify the specific publication: "Raju & The Forty Thieves - A Booklet on Modus Operandi of Financial Fraudsters".

    Step 2: Recall which institution is mandated with customer protection and awareness in the banking sector. The Reserve Bank of India (RBI) regularly publishes such educational materials to safeguard the public.

    Step 3: Verify that the RBI's consumer education department released this specific cartoon booklet to simplify fraud awareness for the general public, distinguishing it from commercial banks or other ministries.

    Answer: The Reserve Bank of India

    More previous year questions (pyqs) in this unit

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    Business, Economy & Corporate Affairs Previous Year Questions (PYQs) for XAT: 3+ Solved Questions with Step-by-Step Solutions

    Solve 3+ Business, Economy & Corporate Affairs previous year questions for XAT with answers and detailed solutions. Free sample questions below.

    A question from this chapter

    Question 1

    Which company recently acquired MGM Studios to enhance its streaming service content?

    Question 2

    Match the new names of the given companies with their respective old names.

    Question 3

    Which institution published the cartoon book titled Raju& The Forty Thieves- A Booklet on Modus Operandi of Financial Fraudsters?

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