TODAY Indian Economics FREE ONLINE TEST
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Tnpsc Unit 8&9-online test -ATTEND
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1/50
Income Tax and property tax are called
Direct Taxes✔X
Indirect Taxes✔X
Utility Taxes✔X
Wealth Taxes✔X
2/50
The major source of revenue to the government is
Tax revenue✔X
Revenue from public enterprises✔X
Administrative revenue✔X
Foreign aid✔X
3/50
In a free economy inequalities of income are mainly due to
free competition✔X
private property only✔X
private property and inheritance✔X
difference in the marginal productivity of labour✔X
4/50
Land Ceiling Legislation was introduced by the State Government during the __________ plan
II nd✔X
III rd✔X
IV th✔X
Vth✔X
5/50
To which categories of rural population the IRDP directed?
Landless labourers✔X
Small and marginal farmers✔X
Rural artisans✔X
All of these✔X
6/50
What are the causes of urbanization in India?
Pressure of population in agriculture✔X
Absence of non-agricultural job in rural areas✔X
Lure of Town life✔X
All of these✔X
7/50
Public dept refers to
government’s dept✔X
private individual’s dept✔X
a firm’s debt✔X
debt of a foreign country✔X
8/50
Inflation is caused by
increase in money supply✔X
increase in production✔X
decrease in production✔X
both (A) and (C)✔X
9/50
Which of the following is the most important document of the company?
Memorandum of Association✔X
Articles of Association✔X
Prospectus✔X
Annual Report✔X
10/50
In the case of fire insurance
a fixed sum is paid at the end of the period of insurance✔X
no money is paid unless the risk happens✔X
money is paid when the event happens and the policy expires✔X
Money is paid after one month from the date of the policy✔X
11/50
Audit of Joint stock companies is conducted in order to
increase the profits✔X
increase the goodwill✔X
meet the statutory requirement✔X
satisfy the shareholders✔X
12/50
The number of subordinates who can be successfully directed by a superior is called
organising✔X
span of management✔X
delegating✔X
none of these✔X
13/50
The Industrial Finance Corporation of India provides assistance only to
large industries✔X
medium industries✔X
small scale industries✔X
government companies✔X
14/50
Job evaluation is
ranking the workers✔X
placement of workers✔X
determining and comparing the demand of the job✔X
none of these✔X
15/50
If files arranged side by side, it is called
horizontal filing✔X
vertical filing✔X
lateral filing✔X
suspension filing✔X
16/50
Vouching relates to
cash receipts✔X
cash payments✔X
credit transactions✔X
all of these✔X
17/50
Under instalment trading ownership passes to the buyer
as soon as the first instalment is paid✔X
when the last instalment is paid✔X
30 days after the last instalment is paid✔X
depending on the agreement✔X
18/50
The maximum number of partners allowed in a banking business is
10✔X
20✔X
30✔X
50✔X
19/50
Debenture holders of a company are its
Members✔X
Creditors✔X
Debtors✔X
Directors✔X
20/50
Which one of the following is correctly matched?
Delivery Order - Name of the Shipper and the Place✔X
Railway Receipt - Charter Party✔X
Way Bill - Lorry✔X
Bill of Landing - Air consignment note✔X
21/50
Consider the following statements: 1.Co-operative organisations are non-profit making body 2.Co-operative societies are functioning with the direction of their departments 3.The Principles of co-operation may be contrary to the Co-operative Act some times. 4.Co-operative Movement is the old one of the statements:
I alone is correct✔X
I and II are correct✔X
I,II and III are correct✔X
All are correct✔X
22/50
The minimum number of members in a Co-operative society in TamilNadu is
Ten✔X
Fifteen✔X
twenty✔X
Twenty-five✔X
23/50
A Bill of Exchange contains
an unconditional order✔X
a promise✔X
request to deliver goods✔X
none of these✔X
24/50
The Reserve Bank of India was started in the year
1932✔X
1935✔X
1945✔X
1950✔X
25/50
Consider the following statements: 1.Profit is the reward for uncertainty bearing 2.Profit is the reward for risk bearing 3.Profit is the reward for capital 4.Profit is the reward for labour Of the statements:
I alone is correct✔X
I and II are correct✔X
I, II and III are correct✔X
All are correct✔X
26/50
NABARD is a
Bank✔X
Bureau✔X
Board✔X
Department✔X
27/50
Match list I with list II correctly and select your answer using the codes given below: List I List II 1.Adam Smith 1. Scarcity 2.Marshall 2. Growth 3.Robbins 3. Welfare 4.Samuelson 4.Wealth
4 3 1 2✔X
3 4 2 1✔X
2 1 3 4✔X
1 2 3 4✔X
28/50
Barter System means
Direct exchange of goods for goods✔X
Direct exchange of gold✔X
Indirect exchange of goods✔X
Indirect exchange of gold✔X
29/50
Which one of the following is correctly matched?
First Plan - 1952-1957✔X
Third Plan - 1964 – 1969✔X
Sixth Plan - 1981 – 1986✔X
Eighth Plan - 1992 – 1997✔X
30/50
TRYSEM deals with the training of
Young scientists for employment✔X
Rural youth for self employment✔X
Young students for employment✔X
Young Women for employment✔X
31/50
A certain percentage of the sum assured is paid periodically according to the terms of the policy
Endowment life policy✔X
Term policy✔X
Money back policy✔X
Group insurance policy✔X
32/50
Which of the following is correctly matched?
Debenture - Interest✔X
Share - Sole trader✔X
Desposit receipt - Divident✔X
Demand Promissory Note – Share Warrant✔X
33/50
Internal trade means
Export✔X
Import✔X
Trade within the country✔X
None of these✔X
34/50
In Monopoly Pricing there will be
less competition✔X
perfect competition✔X
more competition✔X
no competition✔X
35/50
What is the life blood of commerce?
Export, Import✔X
Trade✔X
Agriculture✔X
Industry✔X
36/50
Sugar Industry can be classified under
Tiny Industry✔X
Medium Industry✔X
Agro-based Industry✔X
None of these✔X
37/50
One of the basic characteristics of an under-developed economy is
70% to 90% of the population is engaged in agriculture✔X
High rate of Investment✔X
Low population✔X
None of these✔X
38/50
The period of English Five year Plan is
1992-97✔X
1990-95✔X
1991-96✔X
1993-98✔X
39/50
UTI is associated with
Regulating Foreign Exchange Transactions✔X
Foreign Trade✔X
Road Transport✔X
Investment Trust✔X
40/50
Environomics deals with inter-relationship between environment and
Economy✔X
Development✔X
Energy✔X
Resources✔X
41/50
Food for work programme was introduced during the
Fourth Plan✔X
Fifth Plan✔X
Sixth Plan✔X
Seventh Plan✔X
42/50
The State where most people are living below poverty line is
Uttar Pradesh✔X
Tamil Nadu✔X
Orissa✔X
Bihar✔X
43/50
Overdraft facility is available for those who have
Saving Bank Account✔X
Fixed Deposit✔X
Current Account✔X
Recurring Deposit✔X
44/50
The part of capital which is not represented by assets is called
fixed Capital✔X
Working Capital✔X
Watered Capital✔X
None of these✔X
45/50
Custodian of foreign exchange is
Foreign Exchange Bank✔X
State Bank of India✔X
Foreign Bank✔X
Reserve Bank of India✔X
46/50
State Bank of India was nationalised in the year
1947✔X
1955✔X
1950✔X
1960✔X
47/50
Single entry system of book keeping means
making entry for one aspect of a transaction✔X
making entry for both aspects of a transaction✔X
incomplete double entry✔X
none of these✔X
48/50
The closing stock should be valued at
Cost Price✔X
Market Price✔X
Cost Price or Market Price whichever is lower✔X
None of these✔X
49/50
Equity shareholders are the Company’s
Owners✔X
Creditors✔X
Customers✔X
None of these✔X
50/50
The relationship between the consignor and the consignee is that of
Principal and Agent✔X
Debtor and Creditor✔X
Buyer and Seller✔X
None of these✔X
This quiz has been created using the tool tnpsc Quiz Generator
For more test:-
INDIAN POLITY FREE ONLINE TEST-ATTEND
INDIAN HISTORY FREE ONLINE TEST-ATTEND
Tnpsc Unit 8&9-online test -ATTEND
We have to upload tnpsc online test series for tnpsc exams like Group 1, group2, group 4, TNUSRB constable and SI, TN Forest, Railway, Bank, All government exams. Make use of this tnpsc test series daily and this will surely helpful for your dreams to true.
All the best
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