Indian Economy previous years question MCQ UPSC / SSC / competitive exams

    Posted on by Job Alert

    Find (Indian Economy) Economics previous years asked question MCQ   UPSC / SSC / competitive exams  Online Practice Questions And Answers quiz

    61 .Convertibility of the rupee implies:
    A.  allowing the value of the rupee to be fixed by market forces
    B.  freely permitting the conversion of rupee to other major currencies and vice versa
    C.  developing an international market for currencies in India
    D.  being able to convert rupee notes into gold
    View Answer Discuss in Forum
    62 .The Minimum Needs Programme aims to:
    A.  None of these
    B.  improve the living condition of the poor and also promote their education and health
    C.  provide means for greater mechanization of agriculture
    D.  provide necessary resources by way of refinance to primary lenders
    View Answer Discuss in Forum
    63 .Taxation and the government's expenditure policy are dealt under the :
    A.  fiscal policy
    B.  monetary policy
    C.  trade policy
    D.  budget
    View Answer Discuss in Forum
    64 .MODVAT is different from VAT in the sense that:
    1. under MODVAT, tax is levied only on value addition while under VAT, excise is imposed on final value and then rebate is given on inputs
    2. MODVAT is only at the production stage while VAT extends both to production and distribution stage
    3. under MODVAT, excise is levied on final value and then rebate is given on inputs while under VAT, tax is levied only on value addition
    4. MODVAT implies nationalization of excise duty only while VAT implies nationalization of excise, sales and turnover taxes etc. also Choose correct answer from:
    A.  2, 3 and 4
    B.  1, 2 and 4
    C.  1, 3 and 4
    D.  1, 2, 3 and 4
    View Answer Discuss in Forum
    65 .What are gilt-edged securities?
    A.  Securities issued by the private sectors
    B.  Securities issued by the multinationals
    C.  Securities issued by the joint venture companies
    D.  Securities issued by the government
    View Answer Discuss in Forum
    66 .Which of the following is not an affiliate of the Reserve Bank of India?
    A.  The Industrial Development Bank of India
    B.  Agricultural Refinance Corporation
    C.  Unit Trust of India
    D.  Deposit Insurance Corporation
    View Answer Discuss in Forum
    67 .Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns
    A.  neither fiscal deficit nor revenue deficit
    B.  revenue deficit only
    C.  fiscal deficit only
    D.  both fiscal and revenue deficit
    View Answer Discuss in Forum
    68 .Ever greening of patents is done by
    A.  citing another use of the same product
    B.  citing another product with same use
    C.  applying for extension of patent term
    D.  citing another process of forming the same product
    View Answer Discuss in Forum
    69 .Which of the following accounts for Cost-Push Inflation?
    A.  Increase in population
    B.  Increase in money supply
    C.  Increase in non-plan expenditure
    D.  Increase in indirect taxation
    View Answer Discuss in Forum
    70 .Present Industrial policy in India aims at :
    A.  promoting the private sector units
    B.  discourage the performance of the private sector
    C.  increasing the production of public sector units
    D.  accelerating the performance of mixed economy
    View Answer Discuss in Forum
    71 .During which Five Year Plan was the total expenditure on agriculture the highest?
    A.  Third Five Year Plan
    B.  Fourth Five Year Plan
    C.  Second Five Year Plan
    D.  First Five Year Plan
    View Answer Discuss in Forum
    72 .National Income total reveals:
    1. Production side of the economy
    2. Distribution side of the economy
    3. Expenditure side of the economy
    Choose your answer from

    A.  2 only
    B.  1, 2 and 3
    C.  3 only
    D.  1 only
    View Answer Discuss in Forum
    73 .Which one among the following is not true for Special Economic Zones?
    A.  No permission for subcon- tracting
    B.  No licence is required for import
    C.  Manufacturing and service activities are allowed
    D.  No routine examination of cargo for export/import by customs authorities
    View Answer Discuss in Forum
    74 .Cyclical unemployment refers to:
    A.  seasonal unemployment
    B.  unemployment during recessionary phase of a trade cycle
    C.  disguised unemployment
    D.  voluntary unemployment
    View Answer Discuss in Forum
    75 .Consider the following statements:
    1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India.
    2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population.
    Which of the statements giver, above is/are correct?
    A.  2 only
    B.  1 only
    C.  Both 1 and 2
    D.  Neither 1 nor 2
    View Answer Discuss in Forum
    Share & Spread the love

    Related Posts:


    Advertisement
    Other Govt Jobs 2020:
    Recruitment Board Post Name Apply/details Last Date
    Sikkim Public Service Commission (SPSC) Pharmacists sikkim public service commission spsc recruitment 2020   July 25, 2020 [20 Days Left ]
    Tezpur University Mission Directorate tezpur university recruitment 2020   Jul 05, 2020 [Last Date over]
    Chennai Metro Rail Manager Level chennai metro rail recruitment manager level   09/07/2020 [64 Days Left ]
    Prasar Bharati Content Executives for Social Media on annual contract basis. prasar bharati recruitment 2020   Jul 20, 2020 [15 Days Left ]
    BIRD Lucknow Various Posts bird lucknow recruitment 2020   Jul 03, 2020 [Last Date over]
    Log in Sign up
    500
    Leave a comment...