Economics General Studies Questions for ssc upsc competitive examspage 7

91 .The headquarters of World Trade Organisation is in :

A. Montreal

B. Seattle

C. Geneva

D. The Hague

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92 .The main function of the Exim Bank is :

A. to help RBI in the regulation of foreign exchange

B. to prevent unlicensed transaction

C. to promote exports and curtail imports

D. to conserve foreign exchange

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93 .The prices at which the government purchases food grains for maintaining the public distribution system and for building up buffer stocks are known as :

A. Minimum Support Prices

B. Procurement Prices

C. Issue Prices

D. Ceiling Prices

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94 .Debenture holders of a company are its :

A. Shareholders

B. Creditors

C. Debtors

D. Directors

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95 .India's oldest iron and steel plant is:

A. TISCO at Jamshedpur

B. TISCO at Burnpur

C. Durgapur Iron and Steel Plant

D. Rourkela Iron and Steel Plant

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96 .Which of the following organisations in India is mainly working to meet the credit needs of all types of agricultural and rural development activities ?

A. FCI

B. IDBI

C. NABARD

D. ICAR

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97 .The 'Slack Season' in the Indian Economy is :

A. March-April

B. Sept.-Dec.

C. Jan.-June

D. Feb.-April

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98 .Which of the following is wrongly matched?

A. Cess - a compulsory levy collected by the government for a particular purpose from all persons

B. Rate - a compulsory levy collected by the government from the beneficiaries of particular schemes

C. Corporation tax - levied by corporations for civic amenities

D. Proportional tax - a tax levied at the same time at all levels of the base

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99 .A Multinational is:

A. a company operating in several countries

B. a company having shareholders from more than one country

C. a company which does charitable work in poor countries

D. a company that operates only in those countries that do not have import restrictions

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100 .Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the 'Parliament House' depicted on t ?

A. Rs. 500

B. Rs. 100

C. Rs. 50

D. Rs. 10

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101 .Which of the following is an indirect tax?

A. Corporation Tax

B. Excise Duty

C. Wealth Tax

D. Capital Gains Tax

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102 .Which among the following formulates fiscal policy?

A. RBI

B. Finance Ministry

C. SEBI

D. Planning Commission

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103 .The book 'Wealth of Nations' was written by:

A. Eric Roll

B. J.M. Keynes

C. Adam Smith

D. Harold Laski

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104 .The Zero Base Budgeting in India was first experimented from:

A. April, 1987

B. April, 2000

C. April, 1991

D. None of these

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105 .The situation with increasing unemployment and inflation is termed as :

A. hyperinflation

B. galloping inflation

C. stagflation

D. reflation

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