• 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-8

Congratulations - you have completed Static GK Test: Economics, Test-8.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1
National Income of India is compiled by
A
Finance Commission
B
Indian Statistical Institute
C
National Development Council
D
Central Statistical Organization
Question 2
Which is the best measure of economic growth of a country?
A
GNP
B
GDP
C
Net revenue
D
None of these
Question 3
A crossed cheque is one, which can been cashed only
A
by the drawee
B
through a bank
C
at the State Bank of India
D
after it has been transferred to another person
Question 4
Which of the following is the Banker of the Banks
A
IDBI
B
SBI
C
RBI
D
SBI and RBI
Question 5
The period of the First Five Year Plan was from
A
1950-51 to 1954-55
B
1951-52 to 1955-56
C
1952-53 to 1956-57
D
None of the above
Question 6
As per the guidelines issued by the SEBI the Permanent Account Number (PAN) is a must for which of the following?
A
Demat Accounts
B
All Saving Bank Accounts
C
All Housing Loan Accounts
D
All Current Accounts
Question 7
A tax that takes away a higher proportion of one's income as the income rises is termed as
A
Progressive tax
B
Proportional tax
C
Regressive tax
D
Indirect tax
Question 8
The terms 'bull' and 'bear' are used in the
A
Bihar Government's Animal Husbandry Department
B
Income Tax Department
C
CBI
D
Stock Exchange
Question 9
Which of the following sectors is now open for Foreign Direct Investment for the first time with 51 per cent FDI allowed in it?
A
Nuclear Power Generation
B
Airports and Civil Aviation
C
Automobile
D
Retail Sector
Question 10
In the Union Budgets in India, which one of the following is the largest in amount?
A
Non-Plan Expenditure
B
Plan Expenditure
C
Revenue Expenditure
D
Capital Expenditure
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