Static GK Test: Economics, Test-1

These tests are a check for your learning and are meant to serve as tools for assessment.
The test is designed to check your Static General Knowledge and provide you an assessment of the same.
Each question is followed by 4 options. Select the most appropriate option for the question.

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