1. CENVAT associated with which rate? Rate of indirect tax
2. What does National income ignore? Salary of employees
3.
How is Indian economy? Mixed economy
4.
Upon which development the Second Five Year Plan laid mote stress? Industrialisation
5.
Which is the amount of insurance cover provided to the workers of the
unorganized sector under Rashtriya Swasthya Bima Yojana ? Rs. 30,0007
6.
What is the inflation experienced in the country at present? Cost-push inflation
7.
What is Broad money in India? M3
8.
By which bank are the central banking functions in India performed? Reserve Bank of India
9.
Of which bills Open market operations of a Central Bank are sale and purchase? Trade bills
10.
Stock Exchanges play a role in an economy how may it be termed? Useful but need strict regulation
11.
What is temporary tax levied to obtain additional revenue? Surcharge
12.
Among Indian Economists who had done pioneering work on National Income? V. K. R. V. Rao
13.
From which sector is the largest contribution in India’s National Income? Tertiary sector
14.
The highest-weight in the revised Whole Sale Price Index, implemented from
September 2010 is given to which item? Food
items
15.
The performance of which industry is considered performance of the core industry?
Oil and Petroleum
16.
Which is the biggest Public Sector undertaking in the country? Railways
17.
Which committee was assigned to recommend reforms in the insurance sector? Malhotra Committe
18.
What percentage of country’s demand for natural rubber is met by in indigenous
production? 97%
19.
What is the main source of fund for the National Highway Authority of India? Cess
20.
Which body finalises the Five Year Plan proposals? National Development Council
21.
By whom was the first attempt to initiate economic planning in India made? M. Visvesvaraya
22.
In five year plan the actual growth performance in India in respect of GDP (at
factor cost) was less than the target set? Ninth five year plan
23.
Under Indira Gandhi National Old Age Pension Scheme (IGNOAPS), the benefits are
available to the people having how much minimum age of? 65 years
24. What is an essential attribute of inflation?
Increase in prices
25. Who are Debenture holders of a company? Its creditors
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