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

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

Explanation:

Major part of the Indian agriculture is characterized by

• Large size farm
• Capitalist agriculture
• Small size farm
• Co-operative farm
Solution
Correct Option: C  [ Small size farm ]

Explanation:

Planning Commission of India was set up by :

• Morarji Desai
• T T Krishnamachari
• Jawaharlal Nehru
• None of the above
Solution
Correct Option: C  [ Jawaharlal Nehru ]

Explanation:

New Industrial Policy of India was introduced in the year:

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

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:

Find out the statement which is false.
Financial Structural reform needs

• fall in government budget deficit
• increase in profitability of economic sectors
• reduce inflationary pressure
• increase in the balance of payment deficit
Solution
Correct Option: D  [ increase in the balance of payment deficit ]

Explanation:

Which of the following has the highest per capita income ?

• Delhi
• Sikkim
• Haryana
• Goa
Solution
Correct Option: D  [ Goa ]

Explanation:

NITI Aayog, which replaced the Planning commission of India, was formed by a cabinet resolution of the Government of Inda on:

• 1st January, 2015
• 26th January, 2015
• 15th August, 2015
• None of the above
Solution
Correct Option: A  [ 1st January, 2015 ]

Explanation:

Which of the following is the role of Finance Commission ?

• Sharing of net proceeds of taxes between the Centre and States.
• Recommending principles for governing the grants-in-aid to the States by the Centre
• Recommendations on matters referred to it by the President for the interest of finance
• All of the above
Solution
Correct Option: D  [ All of the above ]

Explanation:

National Food Security Act came into effect in the year:

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

Explanation: