Q: Who is the Chairman of the Fifteenth Finance Commission of India ?

A: Anurag Thakur

B: V. K. Singh

C: R. Jain

D: N. K. Singh



N. K. Singh


Q: Poverty is defined as:

A: A monetary condition brought about by people's own laziness

B: A monetary condition where people do not have enough to satisfy basic needs

C: A monetary and non-monetary conditions where people lack access to community regulated common resources, opportunities and income

D: All of the above



A monetary and non-monetary conditions where people lack access to community regulated common resources, opportunities and income


Q: In India the Repo rate is announced by:

A: the Ministry of Finance, Government of India

B: the Prime Minister of India

C: the Reserve Bank of India

D: the President of India



the Reserve Bank of India


Q: Parallel economy refers to:

A: Traditional economy

B: Black money

C: Agriculture based economy

D: Socialist economy



Black money


Q: The Reserve Bank of India was established in the year :

A: 1930

B: 1935

C: 1940

D: 1945



1935


Q: Which of the following sources provides highest tax revenue to Government of India?

A: Personal Income Tax

B: Excise Duty

C: Corporation Tax

D: Customs Duty



Corporation Tax


Q: Gilt-edged market means:

A: Market of government securities

B: Bullion market

C: Market of commodities

D: Market of pure metals



Market of government securities


Q: If withdrawal of a worker from employment does not create any output loss, this situation is known as

A: Search unemployment

B: Voluntary unemployment

C: Disguised unemployment

D: Frictional unemployment



Disguised unemployment


Q: The architect of the Second Five Year Plan was :

A: Mahatma Gandhi

B: Subhash Chandra Bose

C: P. C. Mahalanobis

D: None of them



P. C. Mahalanobis


Q: Which prograrnme gave the slogan, Garibi Hatao ?

A: 4th Five Year Plan

B: 5th Five year plan

C: 6th Five Year Plan

D: 7th Five year plan



5th Five year plan
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