- 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%%
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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
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
The common currency which has been introduced among 11 European nations is known as
None of the above
Which one of the following is not a direct tax?
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
In which year was the India Brand Equity Fund established?
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
In India, National Income is estimated by
Central Statistical Organization
Indian Statistical Institute
National Sample Survey Organization
Which one of the following is not correctly matched?
White : Dairy
Green Revolution : Agriculture
Blue Revolution : Fishery
Red Revolution : Wool
Who finally approves the draft Five Year Plans?
National Development Council
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