Indian Economics

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196 India switched over to the decimal currency system in :

A
1955
B
1956
C
1957
D
1958

197 One of the objectives of Industrial Licensing Policy in India was to ensure :

A
creation of adequate employment opportu-nities.
B
free flow of foreign capital in Indian industries.
C
use of modern technology.
D
balanced industrial development across regions.

198 The first Five Year Plan of the Government of India was based on :

A
Leontief input-output model
B
Harrod-Domar model
C
Mahalanobis two-sector model
D
Mahalanobis four-sector model

199 The Employment Guarntee Scheme, which is now an important component of the NCMP, was first introduced in which State ?

A
Kerala
B
Maharashtra
C
Andhra Pradesh
D
West Bangal

200 State which amongst the following is not true about VAT ?

A
All States have uniform VAT for the same product
B
State have discretion to fix the rate of tax within the four rates prescribed
C
It will promote production efficiency of investments
D
It will make our exports more competitive

201 The Ganga Action Plan was directed by :

A
Rajiv Gandhi
B
Atal Bihari Vajpayee
C
Manmohan Singh
D
Indira Gandhi

202 Which is the first Indian Company to be listed in NASDAQ?

A
Reliance
B
TCS
C
HCL
D
Infosys

203 In India the largest public undertaking is:

A
Air India
B
Indian Railways
C
IOC
D
LIC

204 Indian economy is a

A
Mixed economy
B
Communistic economy
C
Capitalistic economy
D
Centralised economy

205 The most important source of revenue for the states in India is :

A
Corporation tax
B
Income tax
C
Excise duties
D
Sales tax

206 The profits of Indian–banks operating in foreign countries are a part of :

A
income from entrepreneurship earned from abroad
B
domestic factor income of India
C
profits of the enterprises working in domestic territory of India
D
operating surplus of the banks located in India

207 The Reserve Bank of India issues currency notes under

A
fixed fiduciary system
B
maximum fidciuary system
C
minimum reserve system
D
proportional reserve system

208 What does the open market operations of the RBI mean?

A
Buying and selling shares
B
Auctioning of foreign exchange
C
Trading in securities
D
Transactions in gold

209 In the national context which of the following indicates Macro Approach ?

A
Inflation in India.
B
Sales of Bata Shoe Company
C
Exports of Mangoes to UK
D
Income from Railways.

210 Which of the following is deducted from NNP to arrive at Nl ?

A
Indirect Tax
B
Capital consumption allowance
C
Subsidy
D
Interest