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INDIAN ECONOMY MCQs

Total Questions : 817 | Page 78 of 82 pages
Question 771. . Revenue of the state governments are raised from the following sources, except
  1.    entertainment tax
  2.    expenditure tax
  3.    agricultural income tax
  4.    land revenue
 Discuss Question
Answer: Option C. -> agricultural income tax
Question 772. . The condition of indirect taxes in the country's revenue is approximately
  1.    70 percent
  2.    75 percent
  3.    80 percent
  4.    86 percent
 Discuss Question
Answer: Option D. -> 86 percent
Question 773. . Which of the following is not viewed as a national debt?
  1.    Provident Fund
  2.    Life Insurance Policies
  3.    National Saving Certificate
  4.    Long-term Government Bonds
 Discuss Question
Answer: Option C. -> National Saving Certificate
Question 774. .  Deficit financing means that the government borrows money from the
  1.    RBI
  2.    local bodies
  3.    big businessmen
  4.    IMF
 Discuss Question
Answer: Option A. -> RBI
Question 775. . Since the inception of the co-operative movement, rural credits has been
  1.    institutionalized
  2.    rationalized
  3.    cheapened
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 776. . The co-operative credit societies have a
  1.    two-tier structure
  2.    three-tier structure
  3.    four-tier structure
  4.    five-tier structure
 Discuss Question
Answer: Option B. -> three-tier structure
Question 777. . Regional rural banks
  1.    I, III have limited area of operation
  2.    II, III have free access to liberal refinance facilities from NABARD
  3.    I, II, III are required to lend only to weaker sections
  4.    I, II
 Discuss Question
Answer: Option D. -> I, II
Question 778. . If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
  1.    zero
  2.    equal to government income
  3.    larger than government income
  4.    negative
 Discuss Question
Answer: Option B. -> equal to government income
Question 779. . The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
  1.    1984
  2.    1986
  3.    1987
  4.    1989
 Discuss Question
Answer: Option C. -> 1987
Question 780. . The current price index (base 1960) is nearly 330. This means that
  1.    all items cost 3-3 times more than what they did in 1960
  2.    the prices of certain selected items have gone up to 3-3 times
  3.    weighted means of prices of certain item has increased 3-3 times
  4.    gold price has gone up 3-3 times
 Discuss Question
Answer: Option C. -> weighted means of prices of certain item has increased 3-3 times

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