TODAY Indian Economics FREE ONLINE TEST
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1/50
Forward shifting of tax burden refers to the shifting of burden from
Producer to the buyer✔X
Buyer to the producer✔X
Buyer to the govt✔X
Govt to the buyer✔X
2/50
The WPI dips to 1.8% in October 2014 against 2.4% in the preceeding month. What is WPI?
World Population Index✔X
Women Population Index✔X
Wholesale Price Index✔X
Wholesale Price Inflation✔X
3/50
One of the main indications of under development is:
Population✔X
Low per capita income✔X
Natural resources✔X
National income✔X
4/50
Consider the following two statements and answer accordingly. Since 1991, the role of Public Sector in India has been reduced. Public Sector in India has fulfilled its objectives.
Only I is true✔X
Only II is true✔X
Both I and II are true✔X
Both I and II are false✔X
5/50
Major commercial banks of India were nationalized in
1969✔X
1970✔X
1971✔X
1972✔X
6/50
Abolition of Intermediaries sis a component of which reform measures?
Economic reforms✔X
Land reforms✔X
Industrial reforms✔X
Market reforms✔X
7/50
Given below are two statements, one labeled as : Assertion (A) and the other as Reason(R). Assertion(A): Domestic savings in India always meet the investment demand. Reason(R): Since 11991, Foreign Direct Investment policy has been liberalized.
Both (A) and (R) are correct and (R) explains (A)✔X
Both (A) and (R) are wrong✔X
(A) is wrong, but (R) is correct✔X
(A) is correct but (R) is wrong✔X
8/50
The Monopolies and Restrictive Trade Practices (MRTP) Act 1969 was replaced by which Act?
New Industrial Policy Act 1991✔X
Foreign Exchange Management Act, 2000✔X
Competition Act, 2002✔X
Foreign Direct Investment Act, 2005✔X
9/50
Which tax is NOT an indirect tax?
Sales tax✔X
Customs duty✔X
Excise duty✔X
Gift tax✔X
10/50
Match the following Finance Commissions with their Chairman: Finance Commission Chairman Eleventh 1. C.Rangarajan Twelfth 2. A.M. Khusro Thirteenth 3. Vijay Kelkar
1 3 2✔X
2 1 3✔X
1 2 3✔X
3 2 1✔X
11/50
What was the aim of the National Food Security Mission which was started in 2007-2008?
To increase the area under the cultivation of rice, wheat and pulses✔X
To increase the production of rice, wheat and pulses✔X
To increase the exports of rice, wheat and pulses✔X
To reduce malnutrition in the country✔X
12/50
Finance Commission in India is appointed once in how many years?
Three✔X
Four✔X
Five✔X
Six✔X
13/50
Unification of the domestic economy with the World Economy is known as
Liberalisation✔X
Globalisation✔X
Privatisation✔X
Nationalisation✔X
14/50
In India Fiscal year starts from
31st March✔X
1st April✔X
30th April✔X
1st March✔X
15/50
America’s Central Bank is
Federal Reserve Bank✔X
Central American Bank✔X
American Stock Exchange✔X
Bank of America✔X
16/50
Narrow definition of money supply is
m1✔X
m2✔X
m3✔X
m4✔X
17/50
Agricultural income is taxed by
Centre✔X
State✔X
Local authorities✔X
Both Centre and State✔X
18/50
RBI was constituted for high level panels in Jan. to study which bank?
Urban Co-operative Bank✔X
Tamil Nadu Mercantile Bank✔X
Rural Co-operative Bank✔X
Karur Vysya Bank✔X
19/50
What percentage was distributed to rural developments in the Twelfth Five Year Plan?
4.5✔X
3.5✔X
6.0✔X
7.0✔X
20/50
For what purpose, the Reserve Bank of India recently signed an agreement with Brazil?
Information sharing✔X
Accounts of Black money✔X
Printing of currency✔X
New technology✔X
21/50
According to Economic survey 2009-10, during the tenth plan, annual average growth rate of NNP at 1999- 2000 prices was
6.7%✔X
7.8%✔X
4.4%✔X
5.4%✔X
22/50
Which of the following statements about Education Expenditure is true for India? It rose from % of GDP in 1951-52 to 4.26 in 2000-01. It declined to 3.49% in 2004-05.
I alone true✔X
II alone true✔X
I and II are true✔X
I and II are false✔X
23/50
Since 1955, the official annual National Income of India has been estimated by:
State Information Centre✔X
National Sample Survey✔X
Central Statistical Organisation✔X
None of these✔X
24/50
What is the percentage share of India’s urban population in census?
48.5 percent✔X
45.2 percent✔X
37.5 percent✔X
31.2 percent✔X
25/50
The concept of sustainable development was developed by
UNDP Report✔X
World Development Report✔X
IMF Report✔X
Brundtland Report✔X
26/50
Indicate the year in which National Food Security Mission [NFSM] was launched.
2004-2005✔X
2001-2002✔X
2007-2008✔X
2010-2011✔X
27/50
What is the sectoral growth rate of service sector during Tenth plan?
7.87%✔X
9.28%✔X
10.12%✔X
13.50%✔X
28/50
Which state in India has the highest Per Capita Income (2013)?
Kerala✔X
Andhra Pradesh✔X
Maharashtra✔X
Punjab✔X
29/50
The Planning Commission of India recently announced the poverty use as: Rs. 42 per person per day for urban area. Rs. 26 per person per day for rural area Rs. 32 per person per day for urban area Rs. 32 per day per person for rural areas
I and III✔X
II and III✔X
I and IV✔X
III and IV✔X
30/50
Disinvestment is the process in rough which privation could take place
True✔X
False✔X
True in some situations✔X
All of these✔X
31/50
More than 90% of the coal production in India is of
Coking coal✔X
Non-coking coal✔X
Turbire oil✔X
None of these✔X
32/50
Net capital in flow is the difference between
Net domestic capital formation and net domestic savings✔X
Gross capital formation and gross savings✔X
Net export and net import✔X
None of these✔X
33/50
State the order of the appointment of the following as Chairman of Finance Commission. K.C. Neogy K. Brahmanand Reddy N.K.P. Salve A.K. Chand
a, c, d✔X
a, d, b, c✔X
a, c, d, b✔X
a, b, d, c✔X
34/50
During the Tenth Five Year Plan some of the following things were experienced: Service sector witnessed the highest growth rate. Agriculture experienced the lowest growth rate. Rate of growth in the industrial sector was negative. Which of the above said statements are correct?
I and III are correct✔X
II and III are correct✔X
I and II are correct✔X
I, II, III are correct✔X
35/50
In Tamil Nadu, the Plan Expenditure for 2014-15 has been set at
Rs. 32185 crore✔X
Rs. 52185 crore✔X
Rs. 42185 crore✔X
65185 crore✔X
36/50
Who is the Director General of WTO?
Roberto Azevedo✔X
Ulrich Spiesshofer✔X
Paul Krugman✔X
Paul Samuelson✔X
37/50
163 year old Indi’s Telegram service has come to an end in
June 2013✔X
July 2013✔X
January 2013✔X
August 2013✔X
38/50
Where was WTO’s 9th ministerial conference held?
Delhi, India✔X
Bali, Indonesia✔X
Manila, Philippines✔X
Colombo, Srilanka✔X
39/50
“Towards faster and more inclusive growth” is the title of
12th five year plan document✔X
11th five year plan document✔X
10th five year plan document✔X
9th five year plan document✔X
40/50
Foreign Investment takes the form of : Foreign Direct Investment Foreign Portfolio Investment Foreign Development Assistance Foreign Loans
I and II✔X
II and III✔X
III and IV✔X
I and IV✔X
41/50
RBI claims that inflation can be controlled by Raising Repo rate Raising Reverse Repo rate Increasing CRR
I only✔X
I and II✔X
III only✔X
I, II and III✔X
42/50
The 66th round NSSO survey of employment shows that the vast majority of new jobs are created in _______
Casual employment✔X
Skilled employment✔X
Semi skilled employment✔X
Formal employment✔X
43/50
The per capita income of India in 2011 was estimated at:
$ 1600✔X
$ 1000✔X
$ 1500✔X
$ 950✔X
44/50
Match the following: Name CEO Satya Nadella 1. Pepsi Co. Indra Nooyi 2. Microsoft Anshu Jain 3. Reckitt Renckiser Rakesh Kapoor 4. Deutsche Bank
2 1 4 3✔X
1 2 3 4✔X
4 3 2 1✔X
1 3 2 4✔X
45/50
The three dimensions of Human Development Index are : _______, ________ and ________.
Income, Sanitation and Infrastructure✔X
Health, Education and Income✔X
Food, Electricity and Housing✔X
Health, Education and Energy✔X
46/50
Match the following: List I List II Mid day meals scheme 1. 2006 Implementation of NREGA 2. 1995 Cash Reserve Ratio 3. Finance Commission Divisible taxes 4. Reserve Bank of India
1 2 3 4✔X
2 1 4 3✔X
4 2 3 1✔X
3 4 1 2✔X
47/50
When was the Reserve Bank of India established?
1947✔X
1969✔X
1980✔X
1935✔X
48/50
Choose the correct answer: Which was the plan that began with the slogan of removal of poverty?
Second five year plan✔X
Third five year plan✔X
Fourth five year✔X
Fifth five year✔X
49/50
Consider the following: Assertion (A): Former Soviet Russia gifted planning to the world. Reason(R): For it was the first country to practice successfully economic planning on a national seals. Select your answer according to the coding scheme.
Both (A) and (R) are true and (R) is not the reason for (A)✔X
(A) is true and (R) is not the reason for (A)✔X
Both (A) and (R) are true and (R) is reason for (A)✔X
Both (A) and (R) are false✔X
50/50
Under which five year plan the “Food for work Programme” was linked to NREP?
Third✔X
Fourth✔X
Fifth✔X
Sixth✔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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