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

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

76 .Which among the following sectors received the largest Central plan outlay in the last few Central Government annual budgets?
A.  Energy
B.  Social Services
C.  Agriculture and allied activities
D.  Communication
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77 .Which of the following is wrongly matched?
A.  Proportional tax-a tax levied at the same time at all levels of the base
B.  Corporation tax-levied by corporations for civic amenities
C.  Rate-a compulsory levy collected by the government from the beneficiaries of particular schemes
D.  Cess-a compulsory levy collected by the government for a particular purpose from all persons
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78 .A high rate of inflation tends to worsen balance of payments because:
A.  prices of imported goods rise
B.  prices of exported goods rise making exports less competitive
C.  prices of imported goods fall and hence more is imported
D.  prices of exported goods fall and hence less amount is obtained in terms of foreign exchange
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79 .The growth rate of agricultural production was negative in the:
A.  Fourth Plan
B.  Third Plan
C.  First Plan
D.  Second Plan
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80 .Ten rupee notes bear the signature of:
A.  President
B.  Governor, Reserve Bank of India
C.  Secretary, Ministry of Finance
D.  Finance Minister
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81 .Excise Duties are taxes on :
A.  import of commodities
B.  sale of commodities
C.  production of commodities
D.  export of commodities
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82 .The highest sector wise contribution to gross domestic saving comes from:
A.  household sector
B.  cooperative sector
C.  private corporate sector
D.  public sector
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83 .All taxes come under:
A.  capital receipts
B.  revenue receipts
C.  public debt
D.  both (a ) and (b )
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84 .World Development Report is an annual publication of:
A.  United Nations Development Programme
B.  World Trade Organisation
C.  International Monetary Fund
D.  International Bank of Reconstruction and Development
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85 .Which one among the following statements is correct?
A.  In spite of border problems, India's trade with China registered a quantum jump during the years 2001-2010
B.  While India-China trade has registered a quantum jump between the years 2001-2010, both the countries have ensured parity of trade
C.  The stand-off between India and China on Pakistan and Arunachal Pradesh did not let India's trade to grow with China in the years 2001-2010 as much as it grew in the years 1991- 2001
D.  Due to border problems, India's trade with China did not register a quantum jump between the years 2001·2010
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86 .The effect of inflation on tax revenue results in a situation known as :
A.  disinflation
B.  reflation
C.  stagflation
D.  fiscaldrag
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87 .Which of the following statements about indirect taxes in India is/are true?
1. Yield from indirect taxes is much more than that from direct taxes
2. Indirect taxes have grown faster than direct taxes since independence
3. Indirect taxes are ultimately paid for by persons who do not actually pay the taxes to the Government
4. Increase in indirect taxes is a welcome feature in a developing country
A.  1, 2 and 4
B.  2 only
C.  1 and 2
D.  1, 2 and 3
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88 .National income of India is compiled by:
A.  Central Statistical Organisation
B.  Finance Commission
C.  Indian Statistical Institute
D.  National Development Council
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89 .Among the following who are eligible to benefit from theMahatma Gandhi National Rural Employment Guarantee Act ?
A.  Adult members of any household
B.  Adult members of only the scheduled Caste and scheduled tribe households
C.  Adult members of below poverty line (BPL) households
D.  Adult members of households of all backward communities
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90 .Investment in public works is known as :
A.  capital expenditure
B.  either (a ) or ( b)
C.  revenue expenditure
D.  current expenditure
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