MCQ on Indian Economy
Which prograrnme gave the slogan, Garibi Hatao ?
- 4th Five Year Plan
- 5th Five year plan
- 6th Five Year Plan
- 7th Five year plan
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
Explanation:
The Iron and Steel plants of Rourkela and Durgapur were conceived under the:
- First Five Year Plan
- Second Five Year Plan
- Third Five Year Plan
- Fourth Five Year Plan
Explanation:
The qualification for the Chairman and the members of the Finance Commission are specified in:
- Finance Act of 1951
- Finance Act of 1952
- Finance Act of 1950
- Finance Act of 1953
Explanation:
Which of the following sources provides highest tax revenue to Government of India?
- Personal Income Tax
- Excise Duty
- Corporation Tax
- Customs Duty
Explanation:
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, popularly known as Black Money Act, 2015 came into effect from :
- 1st April, 2015
- 1st May, 2015
- 1st June, 2015
- 1st July, 2015
Explanation:
Which of the following does not come under the GST in India ?
- Agricultural products
- Handicrafts
- Gems and jewelries
- Petroleum products
Explanation:
Prime Minister Jan Dhan Yojana provides free Accident Insurance upto :
- Rs. 1 lac
- Rs. 1.5 lacs
- Rs. 2 lacs
- Rs. 2.5 lacs
Explanation:
In India, which sector generally suffers from the problem of surplus labour ?
- Agriculture
- Industry
- Service
- All of these
Explanation:
The period of high inflation and low economic growth is termed as:
- Stagnation
- Take-off stage in economy
- Stagflation
- Depression
Explanation: