Indian Economics
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61 What is the main function of Central Statistical Organisation (CSO) ?
A
Determination of money
supply
B
Collection of estimates of
national income
C
Collection of detail data regarding employment
D
Price determination
62 Open market operation refers to :
A
borrowing by commercial
banks from the R.B.I.
B
lending by scheduled banks
to non-scheduled banks
C
purchase and sale of Government securities by the R.B.I.
D
purchase and sale of bonds
and securities by the Central
Govt.
63 Gross domestic product is a measure of :
A
A country’s international economic activities
B
A country’s domestic economic activities
C
A country’s financial position
D
A country’s industrial output
64 Which of the following taxes is not shared between the Union and the states ?
A
Income tax
B
Excise duty
C
Corporation tax
D
Sales tax
65 Under which Act/Policy was the BIFR established ?
A
Industrial Policy of 1980
B
Companies Act
C
Sick Industiral Companies Act
D
MRTP Act
67 The proceeds of income tax go to :
A
Central Government
B
State Government
C
Centre and States
D
Corporation authorities
69 The receipts of which of the following taxes/duties are not shared with the States ?
A
Tax on income except agriculture
B
Corporation tax
C
Surcharge on income tax
D
Capital gain tax
71 The highest body which approves the Five Year Plan in India is the
A
Planning Commission
B
National Development Council
C
Finance Ministry
D
Union Cabinet
72 NABARD is the name of a
A
Commercial bank
B
Financial Institution
C
Specialised bank to help agriculture
D
Non-Banking Financial Institution
73 The largest share of India’s national income originates in the
A
Primary sector
B
Secondary sector
C
Tertiary sector
D
Any of the above