Economic and Financial Terms Practice Test 4 is a challenging short drill of 15 multiple-choice questions on economic and financial terms, created by ReadyGo Learn for candidates preparing for bank PO, clerk and other banking recruitment exams. It is test 4 in the Economic and Financial Terms series on TestMint. This is a paid test priced at ₹29; a small convenience fee applies at checkout.
What this test covers
- Economic and Financial Terms: 15 questions
Test details
| Questions | 15 |
|---|---|
| Duration | 15 minutes |
| Marks | 1 per question, 15 in total |
| Negative marking | None |
| Difficulty | Mostly challenging |
| Access | ₹29 |
A sample question from this test
Which term is described as: Total government expenditure minus total receipts excluding borrowings?
- Quota
- Capital market
- Deflation
- Fiscal deficit
Answer: D. Fiscal deficit. Correct answer: Fiscal deficit.
How to approach this test
Learn each term with a one-line definition and an example, and keep the rate-related terms (repo, CRR, SLR) apart from the budget-related ones.
This set leans hard, with multi-step questions, so treat it as a stretch: attempt the questions you can see a method for first and return to the rest. At 15 questions in 15 minutes, you have about 60 seconds per question on average. After you submit, review every wrong or guessed answer using the explanations.
Keep practising
Continue with all Banking mock tests, free mock tests, a guide to preparing this topic and how to review your mistakes.