Which one of the following is the main source of revenue for the states ?

• Property tax
• Sales tax
• Excise duty
• None of these
Correct Option: B  [ Sales tax ]

Remark:

Which of the following is not the part of non-statutory welfare measure ?

• Health
• Education
• Transport
• Employees compensation
Correct Option: C  [ Transport ]

Remark:

Which period in India is known as plan holiday ?

• 1961-1966
• 1965-1966
• 1966-1969
• 1969-1974
Correct Option: C  [ 1966-1969 ]

Remark:

When two or more persons working jointly on the basis of a common plan of action, then it is called:

• Co-operation
• Collaboration
• Co-ordination
• Consulting
Correct Option: B  [ Collaboration ]

Remark:

The period of high inflation and low economic growth is termed as:

• Stagnation
• Take-off stage in economy
• Stagflation
• Depression
Correct Option: C  [ Stagflation ]

Remark:

Who was the father of Operation Flood in India ?

• Dr. Varghese Kurien
• M. S. Swaminathan
• A P J Abdul Kalam
• Morarji Desai
Correct Option: A  [ Dr. Varghese Kurien ]

Remark: Operation Flood related to Milk Production.

Which industry employs the largest number of women in India ?

• Tea
• Textile
• Jute
• Coal
Correct Option: B  [ Textile ]

Remark:

In order to control inflationary price rise, Reserve Bank directs Banks to

• Reduce rate of interest on credit
• Reduce Statutory Liquidity Ratio (SLR)
• Increase Cash Reserve Ratio (CRR)
• Buy bonds from capital market
Correct Option: C  [ Increase Cash Reserve Ratio (CRR) ]

Remark:

First Five Year Plan started in India in the year?

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

Remark: 1951-56

Which of the following sector gives the largest income in India ?

• Trade sector
• Railway
• Agriculture
• Service sector
Correct Option: D  [ Service sector ]

Remark: