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
Solution
Correct Option: D  [ Electricity, gas and water supply ]

Explanation:

Green revolution occurred during:

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

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 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
Solution
Correct Option: B  [ SIDBI ]

Explanation:

Which of the following benefits is covered under social security schemes ?

• Retirement benefits
• Medical facility
• Compensation facilities
• All of the above
Solution
Correct Option: D  [ All of the above ]

Explanation:

Which organisation looks after the credit need of agriculture and rural development in India ?

• FCI
• IDBI
• NABARD
• ICAR
Solution
Correct Option: C  [ NABARD ]

Explanation:

A closed economy is an economy in which:

• the money supply is fully controlled
• deficit financing takes place
• only exports take place
• Neither exports nor imports take place.
Solution
Correct Option: D  [ Neither exports nor imports take place. ]

Explanation:

In which year the Planning commission was set-up?

• 1949
• 1950
• 1951
• 1952
Solution
Correct Option: B  [ 1950 ]

Explanation:

The basic regulatory authority for mutual funds and stock markets lies with the:

• Stock exchanges
• Government of India
• Reserve Bank of India
• Securities and Exchange Board of India.
Solution
Correct Option: D  [ Securities and Exchange Board of India. ]

Explanation:

Who is the Chairman of the Fifteenth Finance Commission of India ?

• Anurag Thakur
• V. K. Singh
• R. Jain
• N. K. Singh
Solution
Correct Option: D  [ N. K. Singh ]

Explanation: