More Questions on Indian Economy
- Q. Devaluation of currency leads to
A)increase in domestic prices
B)no impact on domestic prices
C)fall in domestic prices
D)erratic fluctuations in domestic prices
Answer: increase in domestic prices
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Jagdish bhagwati
C)Peter A. Payer.
D)None of these
Answer: Peter A. Payer.
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)commercial irrigation projects
C)State Road Transport Corporations
D)All of the above
Answer: commercial irrigation projects
- Q. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation
A)I
B)I, II, III
C)I, II
D)II, III, IV
Answer: I, II, III
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Nand Kishore Singh
C)Vijay L. Kelkar.
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Inheritance tax, wealth tax, interest tax and gift tax
C)Custom duties
D)Excise duties
Answer: Excise duties
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Rajasthan
C)Maharashtra
D)Andhra Pradesh
Answer: Maharashtra
- Q. The condition of indirect taxes in the country’s revenue is approximately
A)75 percent
B)80 percent
C)70 percent
D)86 percent
Answer: 86 percent
- Q. Earn While you Learn scheme has been launched by:
A)Ministry of Youth
B)Ministry of Tourism
C)Both A and B
D)None of these
Answer: Ministry of Tourism
- Q. Deficit financing implies
A)replacing new currency with worn out currency
B)public expenditure in excess of public revenue
C)printing new currency notes
D)public revenue in excess of public expenditure
Answer: public expenditure in excess of public revenue
- Q. Which of the following items would not appear in a company’s balance sheet?
A)Total issued capital
B)Revenue from sales of the company's products
C)Value of stocks of raw materials held
D)Cash held at the bank
Answer: Revenue from sales of the company's products
- Q. Excess of Total Expenditure over total Receipts is :
A)Surplus Budget
B)Balanced Budget
C)Deficit Budget
D)None of the above
Answer: Deficit Budget
- Q. Short-term finance is usually for a period ranging up to
A)10 months
B)12 months
C)5 months
D)15 months
Answer: 12 months
- Q. As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:
A)1 per 10000 births
B)1 per 100 births
C)1 per 1000 births
D)1 per 10 births
Answer: 1 per 1000 births
- Q. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
A)the year 2000
B)the year 2003
C)the year 2005
D)the year 2001
Answer: the year 2003
- Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
A)83 percent
B)80 percent
C)90 percent
D)100 percent
Answer: 100 percent
- Q. In India the term Black Revolution is associated with:
A)Nurturing the Black Soil
B)Self-dependence in the production of coal
C)Self-dependence in the production of petroleum crude oil
D)Self-dependence in the production of balck corp
Answer: Self-dependence in the production of petroleum crude oil
- Q. The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank
A)II
B)I, II
C)I
D)II, III
Answer: II
- Q. The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank
A)II
B)I
C)I, II
D)II, III
Answer: II
- Q. The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:
A)Cordial Area Development
B)Command Area Development (CAD)
C)Copper Area Development
D)Cop Authority Development
Answer: Command Area Development (CAD)
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