Which of the following has the highest per capita income ?

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

Remark:

Which of the following does not come under the GST in India ?

• Agricultural products
• Handicrafts
• Gems and jewelries
• Petroleum products
Correct Option: D  [ Petroleum products ]

Remark:

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 ]

Remark:

Which one of the following is an indirect tax levied by the Central Government in India ?

• Service tax
• Corporate Income tax
• Profession tax
• Agricultural Income tax
Correct Option: A  [ Service tax ]

Remark:

Existence of huge black money creates

• increase in the inequality of income
• decrease in the quality of output
• high living standard for all
• Both (B) and (C)
Correct Option: A  [ increase in the inequality of income ]

Remark:

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

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

Remark:

Parallel economy refers to:

• Traditional economy
• Black money
• Agriculture based economy
• Socialist economy
Correct Option: B  [ Black money ]

Remark:

NABARD stands for:

• National Activated Bank for Agriculture and Rural Development
• National Bank for Agriculture and Rural Development
• National Agricultural Backward and Rural Development
• National Bank for Accelerated Rural Development
Correct Option: B  [ National Bank for Agriculture and Rural Development ]

Remark:

Which industry employs the largest number of women in India ?

• Tea
• Textile
• Jute
• Coal
Correct Option: B  [ Textile ]

Remark:

Mixed economy means an economy where:

• There is co-existence of public sector along with private sector
• Both agriculture and Industry are equally promoted by the state
• There is importance of small scale industries along with heavy industries
• Economy is controlled by military as well as civilian rulers
Correct Option: A  [ There is co-existence of public sector along with private sector ]

Remark: