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Prelims Quiz

Total questions: 20

Worksheet time: 3mins

Name
Class
Date
1.

What is the full form of BSE?

a)
Boston Stock Exchange
b)
Bangalore Stock Exchange
c)
Bombay Stock Exchange
d)
Bangladesh Stock Exchange
2.

Who was the father of Indian commerce?

a)

Robert Owen

b)

k vaitheeswaran

c)

Jamsetji Tata

d)

Peter F. Drucker

3.

How many times has demonetization taken place in India?

a)
2
b)
4
c)
3
d)
1
4.

When was gst launched?

a)
December 31, 2019
b)
March 15, 2018
c)
January 1, 2016
d)
July 1, 2017
5.

Which was the first Indian express train to feature an onboard ATM?

a)

Mumbai-Manmad Panchavati Express

b)

Shatabdi Express

c)

Duronto Express

d)

Vande Bharat Express

6.

What is the full form of ICAI?

a)
Institute of Chartered Accountants of America
b)
Institute of Certified Accountants of India
c)
International Council of Accountants
d)
Institute of Chartered Accountants of India
7.

  1. What is commerce?

a)
Commerce is the activity of buying and selling goods and services.
b)
Commerce is the process of creating new technologies.
c)
Commerce refers to the management of financial institutions.
d)
Commerce is the study of economic theories.
8.

Who is the Finance Secretary of India?

a)
Nirmala Sitharaman
b)
Raghuram Rajan
c)
Arvind Subramanian
d)
T.V. Somanathan
9.

  1. What is profit?

a)
Profit is the total amount of expenses incurred.
b)
Profit is the sum of all sales made.
c)
Profit is the total revenue without any deductions.
d)
Profit is the difference between total revenue and total expenses.
10.

  1. Which of the following is an example of a good?

a)

Haircut

b)

Car

c)

Teaching

d)

Medical treatment

11.

Where is a hallmark typically used?

a)
On precious metals like gold and silver.
b)
On electronic devices and gadgets.
c)
On food products and beverages.
d)
On clothing and textiles.
12.

Who is the father of India currency?

a)
Mahatma Gandhi
b)

Chandragupta Maurya

c)

Akbar

d)

Sher Shah Suri

13.

What is the full form of VAT?

a)
Value Added Transaction
b)
Variable Assessment Tax
c)
Value Added Tax
d)
Voluntary Additional Tax
14.

Who was the first Finance Minster of India?

a)
John Mathai
b)
R. K. Shanmukham Chetty
c)
P. Chidambaram
d)
Yashwant Sinha
15.

 Identify the logo?

a)
HDFC Bank
b)
ICICI Bank
c)
Axis Bank
d)
State Bank of India (SBI)
16.

  1. Which of the following is an example of a service?

a)

Book

b)

Laptop

c)

Doctor's consultation

d)

Clothes

17.

Who is the first full time female Finance Minister of India?

a)
Sonia Gandhi
b)
Pranab Mukherjee
c)
Arun Jaitley
d)
Nirmala Sitharaman
18.

When was the Startup India scheme launched?

a)
February 1, 2015
b)
March 10, 2017
c)
December 25, 2016
d)
January 16, 2016
19.

 What is the full form of GDP?

a)
Global Domestic Product
b)
Gross National Product
c)
Gross Domestic Product
d)
General Domestic Product
20.

Currently, which is the 5th largest economy in the world?

a)
Germany
b)
Japan
c)
Brazil
d)
India

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