1 .Which among the following is a tax levied by Centre and not shared with States ?
A.  Sales Tax
B.  Income Tax
C.  Corporation Tax
D.  Excise Duty
View Answer Discuss in Forum

2 .After ONGC, OIC, NTPC and SAIL, the 'Navratna' PSU which was awarded 'Maharatna' status is
A.  Coal India Ltd
B.  BHEL
C.  HAL
D.  GAIL
View Answer Discuss in Forum

3 .The Planning Commission of India was constituted in the year
A.  1947
B.  1950
C.  1955
D.  1942
View Answer Discuss in Forum

4 .Which one of the following is not a scheme/project of the present Government?
A.  Swachh Bharat
B.  AYUSH
C.  AMRUT
D.  Jan Dhan Yojana
View Answer Discuss in Forum

5 .When there is one buyer and many sellers then that situation is called
A.  Monopoly
B.  Down right
C.  Double buyers right
D.  Single buyer right
View Answer Discuss in Forum

6 .Which Indian company secured the highest export revenue from IT software and services during the past two years ?
A.  Satyam Computer Services Ltd.
B.  Infosys Technologies Ltd.
C.  Wipro Technologies Ltd.
D.  TCS
View Answer Discuss in Forum

7 .In a developing country like India, in which sector a high rate of disguised unemployment exists ?
A.  House-hold Sector
B.  Service Sector
C.  Agricultural Sector
D.  Corporate Sector
View Answer Discuss in Forum

8 .How do you calculate the poverty line?
A.  Income of an individual under a threshold value published by Government of India
B.  Income of a family less than 100 INR in a day
C.  Income of any individual less than 50 INR in a day
D.  Average income of all the individuals in a country
View Answer Discuss in Forum

9 .Labour Intensive Technique would get chosen in a
A.  Capital Surplus Economy
B.  Labour Surplus Economy
C.  Developed Economy
D.  Developing Economy
View Answer Discuss in Forum

10 .Which one of the following is an example for Non-Banking Financial institution ?.
A.  SBI
B.  IOB
C.  RBI
D.  LIC
View Answer Discuss in Forum

11 .India is called a mixed economy because of the existence of (a ) Public Sector (b ) Private Sector (c ) Joint Sector (d ) Cooperative Sector
A.  c, d
B.  a, d
C.  b, d
D.  a, b
View Answer Discuss in Forum

12 .All of the goods which are scarce and limited in supply are called
A.  Luxury goods
B.  Expensive goods
C.  Capital goods
D.  Economic goods
View Answer Discuss in Forum

13 .The PURA Scheme which envisages the provision of urban amenities in rural areas in India was advocated for the first time by
A.  Prof. Dinshaw Mistry
B.  Sri A.P.J. Abdul Kalam
C.  Dr. M.S. Swaminathan
D.  Dr. Arvind Subramaniam
View Answer Discuss in Forum

14 .Which State Government has launched the Smart Village Programme, to improve public facilities in village?
A.  Maharashtra
B.  Rajasthan
C.  Odisha
D.  Gujarat
View Answer Discuss in Forum

15 .The income elasticity of demand being greater than one, the commodity must be
A.  an inferior good
B.  None of these
C.  a luxury
D.  a necessity
View Answer Discuss in Forum




Sponsored Links