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  • 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.
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Static GK Test: Economics, Test-5

Congratulations - you have completed Static GK Test: Economics, Test-5.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1
The Foreign Exchange Reserves of India are kept in the custody of
A
Prime Minister Rahat Kosh
B
International Monetary Fund
C
World Bank
D
Reserve Bank of India
Question 2
Excise duty on a commodity is payable with reference to its
A
production and sale
B
production
C
production and transportation
D
production, transportation and sale
Question 3
Zero-based Budgeting (ZBB) lays emphasis on A. Unlimited deficit financing B. Preparing new budget right from scratch C. Preparing the budget neglecting history of expenditure Choose the correct answer based on the above statements:
A
A, Band C
B
A and C
C
B and C
D
None of these
Question 4
Which contributes most of the GDP of India?
A
Cotton Textile Industries
B
Iron and Steel Industries
C
Railway
D
Service Sector
Question 5
India's economic growth rate is the second highest in the world after.
A
China
B
Japan
C
UK
D
Russia
Question 6
Navratana status has been conferred on
A
HAL
B
BEL
C
PFC
D
All of these
Question 7
Which among the following statements is not true when there is an increase in interest rate in an economy ?
A
Increase in saving
B
Decrease in loan
C
Increase in production cost
D
Increase in capital return
Question 8
Which is the country's third largest private sector lender whose name has been officially changed to the Axis Bank Ltd.?
A
HDFC Bank
B
Lord Krishna Bank
C
Centurion Bank
D
UTI Bank
Question 9
RBI is a
A
private bank
B
central bank
C
commercial bank
D
foreign bank
Question 10
Which is the first Indian Bank to get approval to start normal banking operation in China?
A
Indian Bank
B
Punjab National Bank
C
Corporation Bank
D
State Bank of India
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