- 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-14
Congratulations - you have completed Static GK Test: Economics, Test-14.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1 |
Which of the following most closely approximates our definition of oligopoly ?
The cigarette industry. | |
The barber shops | |
The gasoline stations | |
Wheat fanner |
Question 2 |
To permit operations of private life insurance companies in India, Government of India revised the Insurance Regulatory and development Authority (IRDA) Act in the Year
1999 | |
1998 | |
2000 | |
2001 |
Question 3 |
Recession in the market implies
Slump in trade & industry due to fall in demand | |
Increase in trade and industry due to rise in demand | |
No change in trade and industry due to stability in demand | |
None of the above |
Question 4 |
From 2001 to 2011, population growth rate of which State has been the lowest in the country?
Kerala | |
Tamil Nadu | |
Andhra Pradesh | |
Odisha |
Question 5 |
Tenth Five-Year Plan covers the period
2001-2006 | |
2002-2007 | |
2003-2008 | |
2000-2005 |
Question 6 |
'Bottle neck inflation' means
No rise in prices despite increase in aggregate demand | |
Rise in prices without increase in aggregate demand | |
Decline in prices due to increase in aggregate demand | |
None of the above |
Question 7 |
NABARD stands for
National Bank of Agriculture and Regional Development | |
National Bank of Agriculture and Rural Development | |
National Rural Aeronautical Research and development | |
None of the above |
Question 8 |
Elasticity of demand indicates
Change in quantity demanded | |
Rate of change in quantity demanded | |
Change in income | |
Change in prices |
Question 9 |
Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development. But if it fails, it generates
Deflation | |
Demonetization | |
Devaluation | |
Inflation |
Question 10 |
The part of profit or other surpluses of a company distributed proportionately among shareholders is called
Preference Share | |
Equity share | |
Face Value | |
None of the above |
Once you are finished, click the button below. Any items you have not completed will be marked incorrect.
There are 10 questions to complete.
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