Welcome, Guest
MCQ on Indian Economy
Which is the following is direct tax ?
- Income tax
- Excise duty
- Sales tax
- None of these
Correct Option: A [ Income tax ]
Explanation:
Explanation:
The full form of GST is:
- General Sales Tax
- Goods and Services Tax
- Government Special Tax
- General Service Tax
Correct Option: B [ Goods and Services Tax ]
Explanation:
Explanation:
In order to control inflationary price rise, Reserve Bank directs Banks to
- Reduce rate of interest on credit
- Reduce Statutory Liquidity Ratio (SLR)
- Increase Cash Reserve Ratio (CRR)
- Buy bonds from capital market
Correct Option: C [ Increase Cash Reserve Ratio (CRR) ]
Explanation:
Explanation:
"SEBI" stands for the:
- State Earnings Board of India
- Securities and Exchange Bank of India
- Securities and Exchange Board of India
- State Exchange Bank of India
Correct Option: C [ Securities and Exchange Board of India ]
Explanation: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
The Securities and Exchange Board of India was established as a statutory body in the year 1992
Explanation: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
The Securities and Exchange Board of India was established as a statutory body in the year 1992
The LPG model of development was introduced by India since:
- 1991
- 1992
- 1993
- 1994
Correct Option: A [ 1991 ]
Explanation:
Explanation:
ICDS was first introduced in India in the year
- 1975
- 1977
- 1979
- None of these
Correct Option: A [ 1975 ]
Explanation:
Explanation:
Which of the following benefits is covered under social security schemes ?
- Retirement benefits
- Medical facility
- Compensation facilities
- All of the above
Correct Option: D [ All of the above ]
Explanation:
Explanation:
Which of the following is true in respect of Centre-State financial relations ?
- Amount given by Centre is the only source of income to States
- States can by-pass Centre while taking foreign loans
- States can not levy income tax
- States can claim 100 % share in excise duty on goods produced in the State
Correct Option: C [ States can not levy income tax ]
Explanation:
Explanation:
When was National Bank of Agriculture and Rural Development (NABARD) established ?
- 6th Dec, 1947
- 6th Dec, 1982
- 5th Nov, 1982
- 7th Oct, 1982
Correct Option: C [ 5th Nov, 1982 ]
Explanation:
Explanation:
What is hard currency?
- A stable currency
- Arranged in war time
- Issued by IMF
- Given by RBI to foreign banks
Correct Option: A [ A stable currency ]
Explanation:
Explanation: