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Indian Economy
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Question
Redistribution polices geared to reduce economic inequalities include
Options
A. progressive tax policies
B. land reforms
C. rural development policies
D. All the above
Correct Answer
All the above
Indian Economy problems
Search Results
1. The central banking functions in India are performed by the
Central Bank of India
Reserve Bank of India
State Bank of India
Punjab National Bank
Options
A. I, II
B. II
C. I
D. II, III
Show Answer
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Discuss
Correct Answer: II
2. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
Options
A. Reliance Energy
B. Essar Oil
C. GAIL
D. ONGC
Show Answer
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Correct Answer: Essar Oil
3. One of the reasons for India's occupational structure remaining more or less the same over the years has been that
Options
A. investment pattern has been directed towards capital intensive industries
B. productivity in agriculture has been high enough to induce people to stay with agriculture
C. ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture
D. people are largely unaware of the significance of transition from agriculture to industry for economic development
Show Answer
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Correct Answer: investment pattern has been directed towards capital intensive industries
4. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
Options
A. 1000 rupee
B. 500 rupee
C. 100 rupee
D. All of the above
Show Answer
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Correct Answer: All of the above
5. Deficit financing means that the government borrows money from the
Options
A. RBI
B. local bodies
C. big businessmen
D. IMF
Show Answer
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Correct Answer: RBI
6. Regional rural banks
have limited area of operation
have free access to liberal refinance facilities from NABARD
are required to lend only to weaker sections
Options
A. I, III
B. II, III
C. I, II, III
D. I, II
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Correct Answer: I, II
7. On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
Options
A. Marginal benefit received
B. Total benefit received
C. Average benefit received
D. Ability to pay for the benefit
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Correct Answer: Ability to pay for the benefit
8. The annual yield from which of the following Union Government taxes is the highest?
Options
A. Custom duties
B. Corporation tax and income tax
C. Inheritance tax, wealth tax, interest tax and gift tax
D. Excise duties
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Correct Answer: Excise duties
9. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
Options
A. 1984
B. 1986
C. 1987
D. 1989
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Correct Answer: 1987
10. States earn maximum revenue through
Options
A. land revenue
B. custom revenue
C. commercial taxes
D. excise duties on intoxicants
Show Answer
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Discuss
Correct Answer: commercial taxes
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