• 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 is India’s largest Mutual Fund organization?
A
GIC
B
SBI
C
UTI
D
ICICI
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
A
1999
B
1998
C
2000
D
2001
Question 3
Recession in the market implies
A
Slump in trade & industry due to fall in demand
B
Increase in trade and industry due to rise in demand
C
No change in trade and industry due to stability in demand
D
None of the above
Question 4
In the last decade, population growth rate of which State has been the lowest in the country?
A
Kerala
B
Tamil Nadu
C
Andhra Pradesh
D
Odisha
Question 5
Tenth Five-Year Plan covers the period
A
2001-2006
B
2002-2007
C
2003-2008
D
2000-2005
Question 6
'Bottle neck inflation' means
A
No rise in prices despite increase in aggregate demand
B
Rise in prices without increase in aggregate demand
C
Decline in prices due to increase in aggregate demand
D
None of the above
Question 7
NABARD stands for
A
National Bank of Agriculture and Regional Development
B
National Bank of Agriculture and Rural Development
C
National Rural Aeronautical Research and development
D
None of the above
Question 8
Elasticity of demand indicates
A
Change in quantity demanded
B
Rate of change in quantity demanded
C
Change in income
D
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
A
Deflation
B
Demonetization
C
Devaluation
D
Inflation
Question 10
The part of profit or other surpluses of a company distributed proportionately among shareholders is called
A
Preference Share
B
Equity share
C
Face Value
D
None of the above
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