Planning Commission of India was set up by :

• Morarji Desai
• T T Krishnamachari
• Jawaharlal Nehru
• None of the above
Correct Option: C  [ Jawaharlal Nehru ]

Remark:

Poverty is defined as:

• A monetary condition brought about by people's own laziness
• A monetary condition where people do not have enough to satisfy basic needs
• A monetary and non-monetary conditions where people lack access to community regulated common resources, opportunities and income
• All of the above
Correct Option: C  [ A monetary and non-monetary conditions where people lack access to community regulated common resources, opportunities and income ]

Remark:

Which of the following products of Tripura ranks Second in all India level in terms of production ?

• Paddy
• Bamboo
• Natural gas
• Natural rubber
Correct Option: D  [ Natural rubber ]

Remark:

In India, Special Economic Zones were established to enhance:

• Technology Development
• Free Trade
• Foreign Investment
• Employment
Correct Option: B  [ Free Trade ]

Remark:

The architect of the Second Five Year Plan was :

• Mahatma Gandhi
• Subhash Chandra Bose
• P. C. Mahalanobis
• None of them
Correct Option: C  [ P. C. Mahalanobis ]

Remark:

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
Correct Option: D  [ 1st July, 2015 ]

Remark:

Major part of the Indian agriculture is characterized by

• Large size farm
• Capitalist agriculture
• Small size farm
• Co-operative farm
Correct Option: C  [ Small size farm ]

Remark:

Which of the following is the role of Finance Commission ?

• Sharing of net proceeds of taxes between the Centre and States.
• Recommending principles for governing the grants-in-aid to the States by the Centre
• Recommendations on matters referred to it by the President for the interest of finance
• All of the above
Correct Option: D  [ All of the above ]

Remark:

About Deendayal Antyodaya Yojana (DAY) which of the following is not correct ?

• It focuses on both the rural and urban areas
• It aims at skill development.
• It is a State Government's scheme
• It has replaced Ajeevika
Correct Option: C  [ It is a State Government's scheme ]

Remark:

"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 ]

Remark: 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