In Income Tax, Assessee is :

• a person who pays income tax
• a person who deducts income tax from its employees
• a person who prepares income tax Return of tax payers
• None of these
Solution
Correct Option: A  [ a person who pays income tax ]

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:

Match the following :

	List-I		List-II
a.	Monetary Policy Committee	1.	Union Home Minister
b.	GST Council	2.	Union Finance Minister
c.	NITI Aayog	3.	RBI Governor
d.	Cabinet Committee on Parliamentary Affairs	4.	Prime Minister of India

Select the correct answer using the codes given below.

• a-2, b-3, c-4, d-1
• a-3, b-2, c-4, d-1
• a-3, b-2, c-1, d-4
• a-2, b-3, c-1, d-4
Solution
Correct Option: B  [ a-3, b-2, c-4, d-1 ]

Explanation:

Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?

• National Farmers Commission
• Commission for Agricultural Costs and Prices
• Central Statistical organization
• Department of Agriculture
Solution
Correct Option: B  [ Commission for Agricultural Costs and Prices ]

Explanation:

Which institution in India controls the monetary policy of Indian currency?

• Finance Commission
• The Finance Ministry of India
• The Reserve Bank of India
• None of the above
Solution
Correct Option: C  [ The Reserve Bank of India ]

Explanation:

SRI, which is highly practiced in Tripura is associated with:

• Rice production
• Rural internal connectivity
• E-marketing
• Regards to elders
Solution
Correct Option: A  [ Rice production ]

Explanation:

Which of the following is not the part of non-statutory welfare measure ?

• Health
• Education
• Transport
• Employees compensation
Solution
Correct Option: C  [ Transport ]

Explanation:

First Five Year Plan started in India in the year?

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

Explanation: 1951-56

The LPG model of development was introduced by India since:

• 1991
• 1992
• 1993
• 1994
Solution
Correct Option: A  [ 1991 ]

Explanation:

Which is the following is direct tax ?

• Income tax
• Excise duty
• Sales tax
• None of these
Solution
Correct Option: A  [ Income tax ]

Explanation: