DAILY MCQ DAY 91 ECONOMY

DAILY MCQ DAY 91 ECONOMY: For govt jobs preparation daily MCQ will be provided, most of the questions will be from the past question papers from UPSC, SSC, IBPS.

  1. Which of the following are among the non plan expenditure of the Government of India?

*Defence expenditure
*Subsidies
*All expenditures linked with the previous plan periods
*Inerest payment

  • 1 and 2
  • 1 and 3
  • 2 and 4
  • 1,2,3 and 4

2. What is the annual rate aimed in the eighth five year plan?

  • 5.6%
  • 6%
  • 6.5%
  • 7%

3. The largest source of financing the public sector outlay of the eighth five year plan comes from

  • Balance from current revenue
  • Contribution of public enterprises
  • Government borrowings
  • Deficit financing

4 The new exim policy announced in 1992 is for a period of;

  • 3 years
  • 4 years
  • 7 years
  • 5 years

5. During which five year plan was the emergency clammed , new elections to place and the Janata party was elected?

  • Third
  • Fourth
  • Fifth
  • Sixth

6. Which one of the following brings out the publication called energy statistics from time to time?

  • Central Power research institute
  • Planning commission
  • Power finance corporation limited
  • Central statistical organisation

7. In the context of independent India’s economy which one of the following was the earliest event to take place?

  • Nationalisation of insurance companies
  • Nationalisation of State Bank of India
  • Enactment of banking regulation Act
  • Introduction of first five year plan

8. In India the tax proceeds of which one of the following as a percentage of gross tax revenue has significantly declined in the last five years?

  • Service tax
  • Personal income tax
  • Excise duty
  • Corporation tax

9. Which one of the following authorities make a recommendation to the governor of a state as to the principles for determining the taxes and duties which may be appropriated by the panchayats in the particular state?

  • District planning committee
  • State finance commission
  • Finance ministry of that state
  • Panchayati Raj ministry of that state

10. In terms of economy the visit by foreign nationals to witness theĀ  commonwealth games in India amounted to?

  • Export
  • Import
  • Production
  • Consumption

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