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  • Question
  • The basis of determining dearness allowance to employees in India is ____________


  • Options
  • A. National Income
  • B. Consumer Price Index
  • C. Standard of Living
  • D. Inflation Rate

  • Correct Answer
  • Consumer Price Index 

  • Tags: Bank Exams

    Indian Economy problems


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    • 1. Which of the following brings out the 'Consumer Price Index Number' for Industrial workers?

    • Options
    • A. RBI
    • B. The Labour Bureau
    • C. Commerce Department
    • D. NITI Ayog
    • Discuss
    • 2. Who is the Chief Economic Advisor to the Government of India?

    • Options
    • A. Raghu Ram Rajan
    • B. Arvind Subramanian
    • C. Rajiv Mahirishi
    • D. Arvind Pangariya
    • Discuss
    • 3. A 'Market Economy' is one which

    • Options
    • A. is controlled by the Government
    • B. is free from the Government control
    • C. in influenced by international market forces
    • D. All of these
    • Discuss
    • 4. Economic liberalization in India started with ___________.

    • Options
    • A. substantial changes in industrial licensing policy
    • B. convertibility of Indian rupee
    • C. doing away with procedural formalities for foreign direct investment
    • D. significant reduction in tax rates
    • Discuss
    • 5. The best solution for overcoming the evil effects of small and uneconomic holdings is: ___________.

    • Options
    • A. urbanization of rural population
    • B. using capital intensive technology
    • C. co-operative farming
    • D. rapid industrialization
    • Discuss
    • 6. An indifference curve measures the same level of ___________

    • Options
    • A. Output from two factors
    • B. Satisfaction from two commodities
    • C. Satisfaction from Income and Capital
    • D. Satisfaction from expenditure and savings
    • Discuss
    • 7. Which of the following sets of taxes belongs to Central Government?

    • Options
    • A. Excise duty, Sales tax and Custom duty
    • B. Income tax, Custom duty and House tax
    • C. Excise duty, Custom duty and Income tax
    • D. Custom duty, Entertainment tax and Income tax
    • Discuss
    • 8. An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

    • Options
    • A. same
    • B. higher
    • C. lower
    • D. minimum
    • Discuss
    • 9. A motion that seeks to reduce the amount of demand presented by government to Rs. 1/- is known as

    • Options
    • A. Disapproval of policy Cut
    • B. Token cut
    • C. Economy cut
    • D. Vote on account
    • Discuss
    • 10. Redistribution of income in a country can be brought about through

    • Options
    • A. Progressive taxation combined with progressive expenditure
    • B. Progressive taxation combined with regressive expenditure
    • C. Regressive taxation combined with regressive expenditure
    • D. Regressive taxation combined with progressive expenditure
    • Discuss


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