Q: Which of the following benefits is covered under social security schemes ?

A: Retirement benefits

B: Medical facility

C: Compensation facilities

D: All of the above



All of the above


Q: The full form of GST is:

A: General Sales Tax

B: Goods and Services Tax

C: Government Special Tax

D: General Service Tax



Goods and Services Tax


Q: Which of the following is the role of Finance Commission ?

A: Sharing of net proceeds of taxes between the Centre and States.

B: Recommending principles for governing the grants-in-aid to the States by the Centre

C: Recommendations on matters referred to it by the President for the interest of finance

D: All of the above



All of the above


Q: Where is the headquarter of State Bank of India (SBI) situated ?

A: Delhi

B: Mumbai

C: Pune

D: Srinagar



Mumbai


Q: In order to control inflationary price rise, Reserve Bank directs Banks to

A: Reduce rate of interest on credit

B: Reduce Statutory Liquidity Ratio (SLR)

C: Increase Cash Reserve Ratio (CRR)

D: Buy bonds from capital market



Increase Cash Reserve Ratio (CRR)


Q: The Reserve Bank of India was established in the year :

A: 1930

B: 1935

C: 1940

D: 1945



1935


Q: National Development Council was set up in:

A: 1950

B: 1951

C: 1952

D: 1954



1952


Q: Which one of the following is an indirect tax levied by the Central Government in India ?

A: Service tax

B: Corporate Income tax

C: Profession tax

D: Agricultural Income tax



Service tax


Q: Whose signature is found on the 1000 rupee note of India?

A: Finance Secretary of India

B: Finance Minister Of India

C: Governor, Reserve Bank of India

D: President Of India



Governor, Reserve Bank of India


Q: Which is the following is direct tax ?

A: Income tax

B: Excise duty

C: Sales tax

D: None of these



Income tax
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