Who was the father of Operation Flood in India ?

• Dr. Varghese Kurien
• M. S. Swaminathan
• A P J Abdul Kalam
• Morarji Desai
Solution
Correct Option: A  [ Dr. Varghese Kurien ]

Explanation: Operation Flood related to Milk Production.

The earlier name of WTO was:

• UNCTAD
• GATT
• UNIDO
• OECD
Solution
Correct Option: B  [ GATT ]

Explanation: General Agreement on Trade and Tariffs (GATT) under the Marrakesh Agreement. The World Trade Organization (WTO) began journey on 1 January 1995.

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 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
Solution
Correct Option: C  [ States can not levy income tax ]

Explanation:

Pradhan Mantri Jan Dhan Yojana was first announced by Hon'ble Prime Minister Modi on:

• 15th August, 2014
• 28th August, 2015
• 26th January, 2016
• None of the above
Solution
Correct Option: A  [ 15th August, 2014 ]

Explanation:

The LPG model of development was introduced by India since:

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

Explanation:

In which year the Planning commission was set-up?

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

Explanation:

Which of the following Committees are related to Banking reforms:
i) Narsimham Committee
ii) P J Nayak Committee
iii) Sunil Mehta Committee
iv) Nachiket Mor Committee

• (i), (ii) and (iii) only
• (ii), (iii) and (iv) only
• (i) and (iv) only
• (i), (ii), (iii) and (iv)
Solution
Correct Option: D  [ (i), (ii), (iii) and (iv) ]

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:

National Development Council was set up in:

• 1950
• 1951
• 1952
• 1954
Solution
Correct Option: C  [ 1952 ]

Explanation: