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Static GK Test: Economics, Test-1

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Question 1
Which of the following is presently the second largest Private Bank in India in 2018?
A
ICICI Bank
B
HDFC Bank
C
Axis Bank
D
Yes Bank
Question 2
The Sensex is a market capitalization weighted index of _____component stocks.
A
25
B
30
C
35
D
20
Question 3
Which of the following committees is related with capital market reforms?
A
Kelkar Committee
B
Swaminathan Committee
C
Naresh Chandra Committee
D
Malegam Committee
Question 4
The commodity for which India spends the largest amount to import is
A
fertilizers
B
iron and steel
C
crude petroleum
D
food grains
Question 5
Which of the following is not in the infrastructure sector?
A
Power Generation
B
National Highways
C
Food Production
D
Railways
Question 6
GDR stands for
A
Global Development Range
B
Global Depository Receipt
C
Gross Domestic Ratio
D
Geographically Developed Regions
Question 7
A tax that takes away a higher proportion of one's income as the income rises is called
A
Regressive Tax
B
Direct Tax
C
Progressive Tax
D
Inflation Tax
Question 8
Limited liability means
A
The number of shares in the company is strictly limited
B
Shareholder is only liable for the debts of the company to the extent of the unpaid value of his shares
C
All shareholder have the same liability for the company’s debts.
D
Shareholder is only liable for the debts of the company limited to the profits
Question 9
On the administered price of which of the following articles no subsidy is given?
A
DAP
B
ATF
C
LPG
D
Kerosene Oil
Question 10
Private investment will be most likely to be increased due to a rise in
A
personal taxation
B
prices of shares
C
rate of interest
D
expected yield of new capital
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