Indian Economy

Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?

A
NITI Ayog
B
The Comptroller General of Accounts
C
RBI
D
None of these

Correct Answer

The Comptroller General of Accounts

More Questions on Indian Economy

  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Credit Policy
    C)Deposit Policy
    D)None of these
    Answer: Credit Policy
  • Q. Excise duty is a tax levied on the
    A)export of goods
    B)import of goods
    C)production of goods
    D)sale of goods
    Answer: production of goods
  • Q. The Mid Day Meal scheme was launched on
    A)August 15, 1992
    B)August 15, 1995
    C)August 15, 2000
    D)August 15, 2001
    Answer: August 15, 1995
  • Q. As per the 2009-10, data the commodity with highest share in total export value was:
    A)Engineering goods
    B)Gems and Jewellery.
    C)Petroleum products
    D)Rice
    Answer: Gems and Jewellery.
  • Q. The national food for work programme was launched in:
    A)April 2003
    B)May 2002
    C)November 2004
    D)April 2000
    Answer: November 2004
  • 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
  • Q. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Third five year plan
    C)Second five year plan.
    D)Fourth five year plan
    Answer: Second five year plan.
  • Q. Who gave the call for Evergreen Revolution?
    A)Verghese Kurien
    B)M. S. Swaminathan
    C)Tribhuvandas Patel
    D)H. M. Dalaya
    Answer: M. S. Swaminathan
  • Q. In India, the state which has the largest forest cover is:
    A)Arunachal Pradesh
    B)Madhya Pradesh
    C)Chattisgarh
    D)Odisha
    Answer: Madhya Pradesh
  • 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. Paper currency first started in India in
    A)1542
    B)1601
    C)1861
    D)1880
    Answer: 1861
  • Q. Revenue of the state governments are raised from the following sources, except
    A)expenditure tax
    B)entertainment tax
    C)agricultural income tax
    D)land revenue
    Answer: agricultural income tax
  • Q. Indian state with highest road length is:
    A)Uttar Pradesh
    B)Maharashtra
    C)Rajasthan
    D)Andhra Pradesh
    Answer: Maharashtra
  • Q. In India the term Black Revolution is associated with:
    A)Nurturing the Black Soil
    B)Self-dependence in the production of petroleum crude oil
    C)Self-dependence in the production of coal
    D)Self-dependence in the production of balck corp
    Answer: Self-dependence in the production of petroleum crude oil
  • Q. National expenditure includes
    A)investment expenditure
    B)consumption expenditure
    C)government expenditure
    D)All of the above
    Answer: All of the above
  • Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
    A)83 percent
    B)90 percent
    C)80 percent
    D)100 percent
    Answer: 100 percent
  • Q. The main rubber producing state in the country is:
    A)Tamil Nadu
    B)Karnataka
    C)Kerala
    D)Hyderabad
    Answer: Kerala
  • Q. As per the 2009-10, data the commodity with highest share in total export value was:
    A)Engineering goods
    B)Petroleum products
    C)Gems and Jewellery.
    D)Rice
    Answer: Gems and Jewellery.
  • Q. ICICI is the name of a
    A)bureau
    B)corporation
    C)chemical industry
    D)financial institution
    Answer: financial institution
  • Q. Deficit financing leads to inflation in general, but it can be checked if
    A)only aggregate demand is increased
    B)government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
    C)all the expenditure is denoted national debt payment only
    D)All of the above
    Answer: All of the above

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