If withdrawal of a worker from employment does not create any output loss, this situation is known as

• Search unemployment
• Voluntary unemployment
• Disguised unemployment
• Frictional unemployment
Correct Option: C  [ Disguised unemployment ]

Remark:

Green revolution occurred during:

• 1945-1955
• 1965-1975
• 1985-1995
• none of these
Correct Option: B  [ 1965-1975 ]

Remark:

Which activity is not included in service sector ?

• Trade, hotels and restaurants
• Real estate, finance and insurance
• Transport and communication
• Electricity, gas and water supply
Correct Option: D  [ Electricity, gas and water supply ]

Remark:

Existence of huge black money creates

• increase in the inequality of income
• decrease in the quality of output
• high living standard for all
• Both (B) and (C)
Correct Option: A  [ increase in the inequality of income ]

Remark:

Which of the following was established in 1990 as a wholly owned subsidiary under the Small Industries Development Bank of India Act, 1989 ?

• RBI
• SIDBI
• ICICI
• NABARD
Correct Option: B  [ SIDBI ]

Remark:

Which one of the following is an indirect tax levied by the Central Government in India ?

• Service tax
• Corporate Income tax
• Profession tax
• Agricultural Income tax
Correct Option: A  [ Service tax ]

Remark:

National Food Security Act came into effect in the year:

• 2012
• 2013
• 2014
• None of the above
Correct Option: B  [ 2013 ]

Remark:

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
Correct Option: D  [ All of the above ]

Remark:

In India, Special Economic Zones were established to enhance:

• Technology Development
• Free Trade
• Foreign Investment
• Employment
Correct Option: B  [ Free Trade ]

Remark:

Fiscal Deficit is:

• Government expenditure minus borrowings
• Government expenditure minus revenue receipts
• Same as budget deficit
• Budget deficit minus borrowings and other liabilities
Correct Option: B  [ Government expenditure minus revenue receipts ]

Remark: