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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.
- Each question is followed by 4 options. Select the most appropriate option for the question.
Static GK Test: Economics, Test-9
Congratulations - you have completed Static GK Test: Economics, Test-9.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1 |
What is Value Added Tax (VAT)?
A new initiative taken by the government to increase the tax-burden of high income groups | |
A simple, transparent, easy to pay tax imposed on consumers | |
A single tax that replaces State taxes like surcharge, turnover tax, etc. | |
A new tax to be imposed on the producers of capital goods |
Question 2 |
The outcome of 'devaluation of currency' is
increased export and foreign reserve deficiency | |
increased export and improvement in balance of payments | |
increased import and improvement in balance of payments | |
increased export and import |
Question 3 |
The common currency which has been introduced among 11 European nations is known as
Euro | |
Euro Pound | |
Euro Dollar | |
None of the above |
Question 4 |
Which one of the following is not a direct tax?
Wealth Tax | |
Professional Tax | |
Income Tax | |
Sales Tax |
Question 5 |
Which of the following items would not appear in a company's balance sheet?
Total issued capital | |
Cash held at the Bank | |
Value of raw material stock | |
Revenue from sales |
Question 6 |
In which year was the India Brand Equity Fund established?
1992 | |
1998 | |
1995 | |
1996 |
Question 7 |
The Eleventh Five Year Plan has been named as
'Towards Fast and More Inclusive Growth' | |
'Towards Infrastructural and Agricultural Growth' | |
'Towards Rapid Educational and Economical Growth' | |
None of the above |
Question 8 |
In India, National Income is estimated by
Central Statistical Organization | |
Planning Commission | |
Indian Statistical Institute | |
National Sample Survey Organization |
Question 9 |
Which one of the following is not correctly matched?
White : Dairy | |
Green Revolution : Agriculture | |
Blue Revolution : Fishery | |
Red Revolution : Wool |
Question 10 |
Who finally approves the draft Five Year Plans?
Prime Minister | |
Planning Commission | |
President | |
National Development Council |
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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