Tamil Nadu Information Development Corporation Limited✔X
Tamil Nadu Industrial Development Corporation Limited✔X
Tamil Nadu Investment Development Corporation Limited✔X
Tamil Nadu Information Development Control Limited✔X
2/50
On which of the following do people of India spend most of their income?
Clothing✔X
Food✔X
Fuel and lighting✔X
Household durables✔X
3/50
Which of the following was not a characteristic of our economy at the time of Independence?
we were expecting capital goods✔X
India was industrially under developed✔X
Indian farmers were following primitive methods✔X
none of these✔X
4/50
Which of the following does not contribute to the development of the Indian economy?
Population growth✔X
Rising Industrial output✔X
Modern technology✔X
Green Revolution✔X
5/50
Which Government undertaking is responsible for the management of public steel plants in India?
SAIL✔X
GAIL✔X
ONGC✔X
BHEL✔X
6/50
A major irrigational project is one which covers the minimum area of
2000 hectares✔X
5000 hectares✔X
8000 hectares✔X
10,000 hectares✔X
7/50
Average size of land holding in India is
7 hectares✔X
5 hectares✔X
4 hectares✔X
less than 2 hectares✔X
8/50
Per capita income is calculated as
income of each state divided by its population✔X
per head individual income divided by total population✔X
gross national income divided by total population✔X
total population multiplied by factor income✔X
9/50
The minimum number of persons required to form primary co-operative society is
2✔X
6✔X
10✔X
25✔X
10/50
Multinational is
a joint venture at government level between more than two countries✔X
a company making use of foreign countries✔X
an enterprise operating in many countries✔X
a joint venture at private level between more than two countries✔X
11/50
Agricultural Income is exempted from
Sales Tax✔X
Income Tax✔X
neither Sales nor Income Tax✔X
Local Tax✔X
12/50
Land ceiling for a small farmer to avail subsidy from Tamil Nadu Government
2 hectares✔X
3.5 hectares✔X
5 hectares✔X
2.5 hectares✔X
13/50
Expand NABARD
National Bank for Agricultural and Research Development✔X
National Bank for Agricultural and All India Rural Development✔X
National Bank for Agriculture and Rural Financing✔X
National Bank for Agriculture and Rural Development✔X
14/50
Balance of Trade means
balance amount due to a foreign trader✔X
balance amount due from a foreign dealer✔X
the difference between the value of exports and imports✔X
none of these✔X
15/50
Consider the following statements: EXIM Policy refers to export and import EXIM Policy refers to export of Indian machineries EXIM Policy refers to import of capital goods IV.EXIM Policy refers to trade fairs in foreign countries 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
16/50
Based on investment which industrial unit is called a Small Scale unit?
Rs. 50 lakhs✔X
Rs. 25 lakhs✔X
Rs. 60 lakhs✔X
Rs. 40 lakhs✔X
17/50
How many Five year Plans have been implemented in India so far?
7✔X
8✔X
5✔X
4✔X
18/50
Who framed the fundamental principles of Taxation?
Adam Smith✔X
Marshall✔X
R.K. Shanmugam Chettiar✔X
None of these✔X
19/50
The main function of SIPCOT in Tamil Nadu is to
give only advice to entrepreneurs✔X
provide balancing finance✔X
provide raw materials✔X
provide electricity✔X
20/50
The condition of agriculture towards the national income of the country approximately is
58%✔X
54%✔X
45%✔X
41%✔X
21/50
The strategy for large scale industrialization was adopted for the first time in
First Plan✔X
Second Plan✔X
Fourth Plan✔X
Fifth Plan✔X
22/50
Which organization promotes trade?
STC✔X
MMTC✔X
ECGC✔X
UNICEF✔X
23/50
The profit which can be legally distributed to the shareholders of a company in the form of dividend is called
Secret Profit✔X
Capital Profit✔X
Divisible Profit✔X
Correct Profit✔X
24/50
If a single Director, his eligible share should be kept
2 months from the date of his appointment✔X
Until he retires✔X
At the time of appointment✔X
None of these✔X
25/50
Match List I with List II correctly and select your answer using the codes given below: List I List II Kimbal D.S.and Kimbal (Jr) D.S. 1. Co-operatives Robert Owen 2. Scientific Management F.W.Taylor 3. Sole proprietorship Lord Lindley 4. Company
3 1 2 4✔X
1 3 4 2✔X
3 2 1 4✔X
2 4 3 1✔X
26/50
Consider the following statements: Assertion(A): As per the partnership Deed, a legal heir of decreased, Mr. A is admitted as partner. Reason(R): Mr.A is mad Of the statements
Both (A) and (R) are true and (R) is the correct explanation of(A)✔X
Both (A) and (R) are true and (R) is not the correct explanation of(A)✔X
(A) is true , but (R) is false✔X
(A) is false, but (R)is true✔X
27/50
Distribution of free samples to the consumers is an example for
dealer promotion✔X
sales force promotion✔X
consumer promotion✔X
trade promotion✔X
28/50
The strategy of expansion of product line is called
Trading down✔X
Expansion of product mix✔X
Development of new uses for the existing products✔X
Trading up✔X
29/50
The promissory note, bill of exchange or cheque payable either to order or bearer is a
Government Instrument✔X
Public Instrument✔X
Negotiable Instrument✔X
Foreign Instrument✔X
30/50
An agreement with a minor is a
void contract✔X
voidable contract✔X
valid contract✔X
none of these✔X
31/50
Clearing house of Banks are normally held in
Bank of India✔X
IDBI✔X
Reserve Bank of India✔X
State Co-operative Bank✔X
32/50
Land Development Banks provide loans on
short term basis✔X
medium term basis✔X
long term basis✔X
all basis✔X
33/50
Sericulture Co-operative are concentrated in
Gujarat✔X
Assam✔X
Uttar Pradesh✔X
Karnataka✔X
34/50
Grapevine refers to
channel of formal communication✔X
channel of informal communication✔X
upward communication✔X
downward communication✔X
35/50
The functions of a modern office are classified into
basic and administrative✔X
primary and secondary✔X
traditional and modern✔X
routine and changing✔X
36/50
Who gave the concept of PODSCORB?
Lyndall Urwick✔X
Luther Gullick✔X
Ralph Davis✔X
Peter F. Drucker✔X
37/50
Which of the following accounts is prepared to find out the cost of good produced?
Trading Account✔X
Manufacturing Account✔X
Profit and loss Account✔X
Balance Sheet✔X
38/50
Refusing the payment of a cheque is called
Endorsement✔X
Special crossing✔X
Dishonor✔X
Standing instruction✔X
39/50
Which of the following is the leading Export item among Indian Plantation crops?
Coffee✔X
Rubber✔X
Spices✔X
Tea✔X
40/50
The apex institution in the field of industrial finance is
RBI✔X
IDBI✔X
IFC✔X
ICICI✔X
41/50
Among the following, which is not a mere cause for inflation?
Increase in money supply✔X
Increase in Government expenditure✔X
Deficit financing✔X
Over-production✔X
42/50
Reason for high birth rate is
the average age of marriage among females is low✔X
depressed agriculture✔X
lack of industrial development✔X
family planning✔X
43/50
Balance of trade refers to
value of invisible items of export and import✔X
export surplus✔X
value of visible items of export and import✔X
value of visible and invisible items of export and import✔X
44/50
Government of India appointed the Monopolies inquiry Commission under the Chairmanship of
Mahalanobis✔X
K.C. Dasgupta✔X
Nehru✔X
Indira Gandhi✔X
45/50
The essential part of a general crossing is
cross lines of the cheque✔X
three parallel lines✔X
two parallel lines✔X
four parallel lines✔X
46/50
The Central Bank of our country is
Central Bank of India✔X
State Bank of India✔X
Indian Bank✔X
Reserve Bank of India✔X
47/50
Match List I with List II correctly and select your answer using the codes given below: List I List II Dutt Committee(1969) 1. Industrial Licensing Wanchoo Committee(1971) 2. Direct taxes Raj Mannar Committee(1971) 3. Centra-State Fiscal Realations Chakravarthy Committee(1985) 4. Monetary System
4 3 2 1✔X
1 2 4 3✔X
1 2 3 4✔X
4 1 3 2✔X
48/50
Unfavorable balance to trade means
export is equal to import✔X
export is less than import✔X
export is greater than import✔X
none of these✔X
49/50
“Supply Creates its Own Deman”. Who said this?
Keynes✔X
Ricardo✔X
Say✔X
Mill✔X
50/50
Consider the following statements Assertion(A): Per capita income is low in India Reason(R): There is very low population in India Of the statements
Both (A) and (R) are true and (R) is the correct explanation of(A)✔X
Both (A) and (R) are true and (R) is not the correct explanation of(A)✔X
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