- 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-15
Congratulations - you have completed Static GK Test: Economics, Test-15.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1 |
When customs duty is levied according to the value of goods, it is called
Revenue duty | |
Excise duty | |
Specific duty | |
Ad valorem duty |
Question 2 |
Which public sector telecom company undertaking was bought by the TATA group during the disinvestment process?
BSNL | |
MTNL | |
VSNL | |
Punjab Telecom |
Question 3 |
Who said 'Supply creates its own demand' ?
Adam Smith | |
J.B.Saw | |
Marshall | |
Ricardo |
Question 4 |
Commercial banks finance rural credit directly and through
NABARD | |
Rural Banks | |
Co-operative Societies | |
State Government |
Question 5 |
Of which of the following items, there is no significant export from India?
Readymade Garments | |
Wool | |
Footwear | |
Silk Apparel |
Question 6 |
Which of the following is a direct tax?
Entertainment Tax | |
Estate Duty | |
Excise Duty | |
Sales Tax |
Question 7 |
Which of the following is not Central Government Tax?
Income tax | |
Customs | |
Land tax | |
Corporation tax |
Question 8 |
When the price of a substitute of a commodity X falls, then the demand for X
rises | |
falls | |
remains unchanged | |
first rises and then falls |
Question 9 |
What is Zero Coupon Bond?
Bond sold at the fraction of its face value | |
Bond sold at the fraction of its cost price | |
Bond issued for industrialist only | |
None of the above |
Question 10 |
In which city did the first stock exchange begin its operation in India?
Mumbai | |
Kolkata | |
Chennai | |
Delhi |
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