- 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-10
Congratulations - you have completed Static GK Test: Economics, Test-10.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1 |
Stagflation is used to describe
inflation with growth | |
inflation with recession | |
deflation with growth | |
deflation with recession |
Question 2 |
Inflation leads to
no change in price level | |
abnormal increase in price level | |
abnormal decrease in price level | |
None of the above |
Question 3 |
If people's income of a country is denoted in a curved line space that it has increased, then what does it denote ?
The income is increasing | |
The income is decreasing | |
Dissimilarity is decreasing in income distribution | |
Dissimilarity in income distribution is increasing |
Question 4 |
Which of the following yields the largest revenue in the Central Budget?
Excise Duty | |
Sales Tax | |
Income Tax | |
Corporate Tax |
Question 5 |
India's Wage Policy is based on
productivity | |
standard of living | |
cost of living | |
minimum needs |
Question 6 |
The difference between a bank and a Non-Banking Financial Institution (NBFI) is that
A bank interacts directly with customers while an NBFI interacts with banks and governments | |
A bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies | |
A bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is mainly concerned with the term loan needs of large enterprises | |
A bank's main interest is to help in business transactions and savings/investment activities while an NBFI's main interest is in the stabilization of the currency |
Question 7 |
Which of the following is not a private Indian Bank?
Canara Bank | |
IDBI Bank Ltd | |
HDFC bank Ltd | |
Bank of Rajasthan |
Question 8 |
Which is the world's single largest manufacturing industry in terms of revenue and employment?
Textile | |
Steel | |
Automobile | |
None of these |
Question 9 |
What does SEZ stand for?
Southern Economic Zone | |
Special Economic Zone | |
Single Economic Zone | |
South European Zone |
Question 10 |
SIDBI stands for
Small Investment and Deposit Bank of India | |
Small Industries Development Bank of India | |
Savings Investment and Development Bank of India | |
South Indian Deposit Bank of India |
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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