Indian Economy problems
- 1. What was the debt-to-GDP ratio for the Financial Year 2016-17?
Options- A. 60.40%
- B. 49.40%
- C. 50.40%
- D. 55.40% Also asked in: Bank Exams
Correct Answer: 49.40%
- 2. CENVAT is related to which of the following ?
Options- A. Sales Tax
- B. Excise Duty
- C. Custom Duty
- D. Service Tax Also asked in: Bank Exams
Correct Answer: Excise Duty
- 3. Which is the parameter for the economic development ?
Options- A. Per capita monetary income
- B. National income
- C. Per capita rural income
- D. Population Also asked in: Bank Exams
Correct Answer: Per capita monetary income
- 4. Saving is that portion of money income that is .....
Options- A. spent for development of Industries
- B. not spent on consumption
- C. spent on health and education
- D. spent for consumer durables Also asked in: Bank Exams
Correct Answer: not spent on consumption
- 5. What is an octroi ?
Options- A. Tax
- B. Tax collection centre
- C. Tax processing centre
- D. Tax information centre Also asked in: Bank Exams
Correct Answer: Tax
- 6. Which of the following is done at a Stock Exchange ?
Options- A. Commodities are bought and sold at wholesale price
- B. Commodities are bought and sold at retail price
- C. Securities are bought and sold
- D. None of these Also asked in: Bank Exams
Correct Answer: Securities are bought and sold
- 7. The demand for a inferior good increases with ________ in the consumer's income.
Options- A. increase
- B. decrease
- C. constant
- D. double Also asked in: Bank Exams
Correct Answer: decrease
- 8. _______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.
Options- A. Habeas Corpus
- B. Mandamus
- C. Prohibition
- D. Quo Warranto Also asked in: Bank Exams
Correct Answer: Mandamus
- 9. "The General Equilibrium Analysis" was developed by
Options- A. Marshall
- B. Ricardo
- C. Walras
- D. Adam Smith Also asked in: Bank Exams
Correct Answer: Walras
- 10. The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.
Options- A. USA
- B. India
- C. Soviet Union
- D. Japan Also asked in: Bank Exams
Correct Answer: Soviet Union
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