• 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%%
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Question 1
When customs duty is levied according to the value of goods, it is called
A
Revenue duty
B
Excise duty
C
Specific duty
D
Ad valorem duty
Question 2
Which public sector telecom company undertaking was bought by the TATA group during the disinvestment process?
A
BSNL
B
MTNL
C
VSNL
D
Punjab Telecom
Question 3
Which of the following is an indirect tax?
A
Customs
B
Corporation Tax
C
Wealth Tax
D
Gift Tax
Question 4
Commercial banks finance rural credit directly and through
A
NABARD
B
Rural Banks
C
Co-operative Societies
D
State Government
Question 5
Of which of the following items, there is no significant export from India?
A
Readymade Garments
B
Wool
C
Footwear
D
Silk Apparel
Question 6
Which of the following is a direct tax?
A
Entertainment Tax
B
Estate Duty
C
Excise Duty
D
Sales Tax
Question 7
Which of the following is not Central Government Tax?
A
Income tax
B
Customs
C
Land tax
D
Corporation tax
Question 8
When the price of a substitute of a commodity X falls, then the demand for X
A
rises
B
falls
C
remains unchanged
D
first rises and then falls
Question 9
What is Zero Coupon Bond?
A
Bond sold at the fraction of its face value
B
Bond sold at the fraction of its cost price
C
Bond issued for industrialist only
D
None of the above
Question 10
In which city did the first stock exchange begin its operation in India?
A
Mumbai
B
Kolkata
C
Chennai
D
Delhi
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