Indian Economics

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151 Which is NOT a measure undertaken by government to check inflation ?

A
Increase in consumption
B
Increase in production
C
Reduction in Deficit financing
D
Taxation measures

152 Which amidst the following taxes collected by the Union is NOT mandated to be assigned to the States?

A
Terminal taxes on goods or passengers carried by railway, sea or air.
B
Taxes on railway fares and freights.
C
Taxes on consignment of goods.
D
Service Tax.

153 ‘Self Reliance’ was the main objective of :

A
Fourth Plan
B
Seventh Plan
C
Third Plan
D
Sixth Plan

154 Which of the following is apex bank for industrial loans ?

A
RBI
B
NABARD
C
ICICI
D
IDBI

155 Which amidst the following banks was recently converted to a “Universal Bank” ?

A
Corporation Bank
B
Bank of Baroda
C
IDBI Bank
D
Canara Bank

156 In a developing country like India, in which sector a high rate of disguised unemployment exists ?

A
Corporate Sector
B
House-hold Sector
C
Service Sector
D
Agricultural Sector

157 Which of the following Mahatma Gandhi seires of currency notes issued by the RBI has a drawing of the ‘Parliament House’ depicted on it?

A
Rs. 500
B
Rs. 100
C
Rs. 50
D
Rs. 10

158 The tenth plan aims to reduce the poverty ratio by 2007 to :

A
10%
B
30%
C
20%
D
5%

159 Which of the following is not an objective of the monetary policy of the RBI ?

A
Boost economic development
B
Direct credit in desirable direction
C
Control inflationary pressure
D
Ensure social justice

160 Cochin refineries is in :

A
Public Sector
B
Joint Sector
C
Private Sector
D
Co-operative Sector

161 Where is the Indian Institute of Foreign Trade Located ?

A
New Delhi
B
Hyderabad
C
Mumbai
D
Ahmedabad

162 The concept of mixed economy means

A
to have balanced development in the agricultural and industrial sector
B
simultaneous development of the rural and urban sector
C
to have equal distribution of wealth among the rural and the urban poor
D
simultaneous existence of the private and public sector

163 Among the tax revenues of the Union Government, what is the largest source?

A
Income Tax
B
Corporation Tax
C
Central Excise
D
Customs Duty

164 India is called a mixed economy because of the existence of (a) Public Sector (b) Private Sector (c) Joint Sector (d) Cooperative Sector

A
a, d
B
a, b
C
c, d
D
b, d

165 The law of Increasing Returns means

A
increasing cost
B
Decreasing cost
C
increasing production
D
increasing income