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.

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

ANSWER: A

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

5.6%
6%
6.5%
7%

ANSWER: A

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

ANSWER: D

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

3 years
4 years
7 years
5 years

ANSWER: D

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

Third
Fourth
Fifth
Sixth

ANSWER: C

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

ANSWER: D

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

ANSWER: C

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

ANSWER: C

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?