• 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-7

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Question 1
Trips stands for
A
Trade related Impacts of property issue
B
Trade related Aspects of Intellectual property rights
C
Trade and related issue of property and stores
D
All of the above
Question 2
Debenture-holders of a company are its
A
debtors
B
Shareholders
C
creditors
D
workers
Question 3
'Bullion' refers to gold, silver of other precious metals in the form of
A
Ingots or bars only
B
Bars as well as coins
C
Coins only
D
Jewelry
Question 4
Dumping in the context of international trade refers to
A
exporting goods at prices below the cost of production
B
exporting goods of interior quality
C
exporting goods only to re-import them at cheaper rates
D
exporting goods without paying appropriate taxes in the receiving country
Question 5
Which among the following has the least possibility of globalization ?
A
Selection of labor force
B
Location of capital works
C
To manage resources for investment
D
Increase in infrastructure
Question 6
Which of the following Indian banks is not a nationalized bank?
A
Syndicate Bank
B
Bank of India
C
Federal Bank
D
Vijaya Bank
Question 7
Which among the following is not a non-customs duty obstacle in the world trade ?
A
Quantity restriction
B
Establishment of Standard of labor in manufacturing
C
Determination of import duty uniformly
D
Restrictions on goods quality
Question 8
Which company is India's largest transporter and marketer of petroleum gas?
A
GAIL
B
ONGC
C
HPCL
D
Reliance
Question 9
Which of the following companies is associated with the exploration and commercial production of oil in Barmer-Sanchore basin of Rajasthan?
A
Reliance Energy
B
ONGC
C
Cairn Energy
D
Indian Oil Corporation
Question 10
Which is the most labour intensive amongst the following?
A
Iron and Steel
B
Cotton Textiles
C
Petroleum
D
Automobiles
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