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MCQ on Indian Economy


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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 ]

Explanation:

ICDS was first introduced in India in the year

  • 1975
  • 1977
  • 1979
  • None of these
Correct Option: A  [ 1975 ]

Explanation:

First Five Year Plan started in India in the year?

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

Explanation: 1951-56

Whose signature is found on the 1000 rupee note of India?

  • Finance Secretary of India
  • Finance Minister Of India
  • Governor, Reserve Bank of India
  • President Of India
Correct Option: C  [ Governor, Reserve Bank of India ]

Explanation:
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