More Questions on Indian Economy
- Q. On which one of the following is the benefits received principle of taxation to achieve optimality bases?
A)Total benefit received
B)Marginal benefit received
C)Average benefit received
D)Ability to pay for the benefit
Answer: Ability to pay for the benefit
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Peter A. Payer.
C)Jagdish bhagwati
D)None of these
Answer: Peter A. Payer.
- 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. Navaratna Status is concerned with:
A)Private Sector Companies
B)Public Sector Companies
C)Both A and B
D)None of the above
Answer: Public Sector Companies
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)progressive tax policies
C)rural development policies
D)All the above
Answer: All the above
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- Q. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
B)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
C)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
- Q. Which of the following is not viewed as a national debt?
A)Life Insurance Policies
B)National Saving Certificate
C)Provident Fund
D)Long-term Government Bonds
Answer: National Saving Certificate
- Q. The first Apparel Park in India has been established in:
A)Tirupur (Tamil Nadu)
B)Both A and B
C)Punalur (Kerala)
D)None of the above
Answer: Tirupur (Tamil Nadu)
- Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A)75 percent
B)65 percent
C)70 per cent
D)60 percent
Answer: 65 percent
- Q. In November 2007, the finance commission constituted by the president of India was:
A)Tenth
B)Thirteenth
C)Ninth
D)Eleventh
Answer: Thirteenth
- Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Euro
C)Japanese Yen
D)French Franc
Answer: Deutsche Mark
- 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. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Japanese Yen
C)Euro
D)French Franc
Answer: Deutsche Mark
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Oudh commercial Bank.
C)Punjab National Bank
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Bangalore (Karnataka)
C)Ahmedabad (Gujarat)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- Q. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
A)Bank of Baroda
B)Punjab National Bank
C)State Bank of India
D)Central Bank of India
Answer: Punjab National Bank
- Q. Gross domestic capital formation is defined as
A)expenditure incurred on physical assets only
B)production exceeding demand
C)flow of expenditure devoted to increased or maintaining of the capital stock
D)net addition to stock after depreciation
Answer: net addition to stock after depreciation
- Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
A)Statutory Liquid Ratio (SLR)
B)Central Bank Reserve (CBR)
C)Statutory Bank Ratio (SBR)
D)Central Liquid Reserve (CLR)
Answer: Statutory Liquid Ratio (SLR)
- Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
A)1986
B)1982
C)2006
D)1975
Answer: 1975
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