The equilibrium condition for money market is:

• demand for money should be equal to supply of money
• cash in hand should be equal to deposits in bank
• saving is equal to investment
• bank rate is equal to repo rate
Solution
Correct Option: A  [ demand for money should be equal to supply of money ]

Explanation:

Which is the following is direct tax ?

• Income tax
• Excise duty
• Sales tax
• None of these
Solution
Correct Option: A  [ Income tax ]

Explanation:

Sarva Shiksha Abhiyan (SSA) was launched in the IXth Five Year Plan for:

• education for all
• education for the weaker sections
• universalisation of elementary education
• bridge all the genders and social gaps in education
Solution
Correct Option: C  [ universalisation of elementary education ]

Explanation:

Thename of Prasanta Chandra Mahalanobis is associated with:

• First Five-Year Plan
• Second Five-Year Plan
• Third Five-Year Plan
• Fourth Five-Year Plan
Solution
Correct Option: B  [ Second Five-Year Plan ]

Explanation: Prof. Prasanta Chandra Mahalanobis is also known as the father of Indian Statistics, architect of the Second Five-Year Plan (1956–61).

Plan finance creates increase of money supply if there is

• increase in taxes
• increase in loan from the Reserve Bank of India
• increase in loan from commercial Banks
• increase in loan from general public
Solution
Correct Option: A  [ increase in taxes ]

Explanation:

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

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

Explanation:

Which industry employs the largest number of women in India ?

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

Explanation:

The Plan launched in the 50th year of Indian Independence was :

• Sixth five year plan
• Eighth five year plan
• Ninth five year plan
• Tenth five year plan
Solution
Correct Option: C  [ Ninth five year plan ]

Explanation:

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
Solution
Correct Option: B  [ Commission for Agricultural Costs and Prices ]

Explanation:

Which of the following is the main problem in the growth of agriculture sector in Tripura ?

• About 96 per cent of the land holdings are small and marginal
• 60 per cent of the total geographical area is forest cover
• Two-third of the geographical area is hilly
• All of the above
Solution
Correct Option: D  [ All of the above ]

Explanation: