The architect of the Second Five Year Plan was :

• Mahatma Gandhi
• Subhash Chandra Bose
• P. C. Mahalanobis
• None of them
Correct Option: C  [ P. C. Mahalanobis ]

Remark:

Government imposes taxes to:

• run the machinery of State
• uplift of weaker sections
• check the accumulation of wealth among the rich
• None of the above
Correct Option: A  [ run the machinery of State ]

Remark:

Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?

• National Farmers Commission
• Commission for Agricultural Costs and Prices
• Central Statistical organization
• Department of Agriculture
Correct Option: B  [ Commission for Agricultural Costs and Prices ]

Remark:

The LPG model of development was introduced by India since:

• 1991
• 1992
• 1993
• 1994
Correct Option: A  [ 1991 ]

Remark:

Pradhan Mantri Jan Dhan Yojana was first announced by Hon'ble Prime Minister Modi on:

• 15th August, 2014
• 28th August, 2015
• 26th January, 2016
• None of the above
Correct Option: A  [ 15th August, 2014 ]

Remark:

The Reserve Bank of India was established in the year :

• 1930
• 1935
• 1940
• 1945
Correct Option: B  [ 1935 ]

Remark: RBI Nationalized on 1st Jan, 1949.

New Industrial Policy of India was introduced in the year:

• 1990
• 1991
• 1992
• 1993
Correct Option: B  [ 1991 ]

Remark:

Who is the Chairman of the Fifteenth Finance Commission of India ?

• Anurag Thakur
• V. K. Singh
• R. Jain
• N. K. Singh
Correct Option: D  [ N. K. Singh ]

Remark:

Which of the following sources provides highest tax revenue to Government of India?

• Personal Income Tax
• Excise Duty
• Corporation Tax
• Customs Duty
Correct Option: C  [ Corporation Tax ]

Remark:

First Five Year Plan started in India in the year?

• 1952
• 1956
• 1950
• 1951
Correct Option: D  [ 1951 ]

Remark: 1951-56