MCQs
Total Questions : 398
| Page 40 of 40 pages
Answer: Option B. -> tax imposed and collected by the State Government
Answer: (b)Taxes on tooth paste come under GST which is administered by State government.Sales tax is paid to sales tax authority in the state from where the goods are moved.
Answer: (b)Taxes on tooth paste come under GST which is administered by State government.Sales tax is paid to sales tax authority in the state from where the goods are moved.
Answer: Option C. -> Washington D.C.
Answer: (c)
The World Bank was created at the 1944 Bretton Woods Conference, along with three other institutions, including the International Monetary Fund (IMF).
World Bank provides loans to developing countries for capital programs. The headquarter of the World Bank is located in Washington D.C.
Answer: (c)
The World Bank was created at the 1944 Bretton Woods Conference, along with three other institutions, including the International Monetary Fund (IMF).
World Bank provides loans to developing countries for capital programs. The headquarter of the World Bank is located in Washington D.C.
Answer: Option A. -> Department of Economic Affairs, Ministry of Finance
Answer: (a)"Department of Economic Affairs", Ministry of Finance grants "Infrastructure Status" to the various sectors.
Answer: (a)"Department of Economic Affairs", Ministry of Finance grants "Infrastructure Status" to the various sectors.
Answer: Option D. -> economic transaction between the government of one country to another
Answer: (d)
The Balance of Payments (BoPs) accounts is an accounting record of all monetary transactions between a country and the rest of the world.
These transactions include payment for the country’s exports and imports of goods, services, financial capital and financial transfers.
Answer: (d)
The Balance of Payments (BoPs) accounts is an accounting record of all monetary transactions between a country and the rest of the world.
These transactions include payment for the country’s exports and imports of goods, services, financial capital and financial transfers.
Question 395. What are autonomous bodies?
- They are primarily meant to provide essential services such as railways.
- They are public enterprises that came into existence by a Special Act of the Parliament.
- They are companies in which 51% or more of the paid-up capital is held by the central or any state government (partly or wholly by both).
- They are set up whenever it is felt that certain functions need to be discharged outside the governmental set-up with some amount of independence and flexibility without day-to-day interference from the governmental machinery
Answer: Option C. -> Only IV
Answer: (c)
Autonomous bodies are set up whenever it is felt that certain functions need to be discharged outside the governmental set up with some amount of independence and flexibility without day-to-day interference from the governmental machinery.
Answer: (c)
Autonomous bodies are set up whenever it is felt that certain functions need to be discharged outside the governmental set up with some amount of independence and flexibility without day-to-day interference from the governmental machinery.
Answer: Option B. -> Malanjkhand Copper Project (MP)
Answer: (b)
Malanjkhand Copper Project was established in 1982.
The initial project has been set up by Hindustan Copper Ltd to exploit the copper ore through an open-pit mine.
Answer: (b)
Malanjkhand Copper Project was established in 1982.
The initial project has been set up by Hindustan Copper Ltd to exploit the copper ore through an open-pit mine.
Answer: Option A. -> Energy
Answer: (a)Under National Infrastructure Pipeline (NIP), Government has a plan to spend around Rs. 102 lakh crores in various infrastructure sectors to achieve the $5 Trillion economy by 2024-25. NIP will cover the period from 2019-20 to 2024-25. To draw up the NIP plan, an inter-ministerial Task Force was set up in September 2019 under the chairmanship of Secretary (DEA), Ministry of Finance. As per the NIP, Central Government (39 per cent) and State Government (39 per cent) are expected to have equal share in funding of the projects followed by the Private Sector (22 per cent). The funds allocated to some major sectors are Energy (24%), Roads (19%), Urban (16%) and Railways (13%) etc.
Answer: (a)Under National Infrastructure Pipeline (NIP), Government has a plan to spend around Rs. 102 lakh crores in various infrastructure sectors to achieve the $5 Trillion economy by 2024-25. NIP will cover the period from 2019-20 to 2024-25. To draw up the NIP plan, an inter-ministerial Task Force was set up in September 2019 under the chairmanship of Secretary (DEA), Ministry of Finance. As per the NIP, Central Government (39 per cent) and State Government (39 per cent) are expected to have equal share in funding of the projects followed by the Private Sector (22 per cent). The funds allocated to some major sectors are Energy (24%), Roads (19%), Urban (16%) and Railways (13%) etc.
Answer: Option D. -> All of the above
Answer: (d)
The main objectives of the establishment of SEZs are:
Promotion of exports of goods and services
Generation of additional economic activity
Promotion of investment from domestic and foreign sources
Creation of employment opportunities
Answer: (d)
The main objectives of the establishment of SEZs are:
Promotion of exports of goods and services
Generation of additional economic activity
Promotion of investment from domestic and foreign sources
Creation of employment opportunities
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