Q: In Income Tax, Assessee is :

A: a person who pays income tax

B: a person who deducts income tax from its employees

C: a person who prepares income tax Return of tax payers

D: None of these



a person who pays income tax


Q: Which of the following sources provides highest tax revenue to Government of India?

A: Personal Income Tax

B: Excise Duty

C: Corporation Tax

D: Customs Duty



Corporation Tax


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: Which industry employs the largest number of women in India ?

A: Tea

B: Textile

C: Jute

D: Coal



Textile


Q: ICDS was first introduced in India in the year

A: 1975

B: 1977

C: 1979

D: None of these



1975


Q: Fiscal policy is connected with:

A: exports and imports

B: issue of currency

C: public revenue and public expenditure

D: liquidity of money



public revenue and public expenditure


Q: Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?

A: National Farmers Commission

B: Commission for Agricultural Costs and Prices

C: Central Statistical organization

D: Department of Agriculture



Commission for Agricultural Costs and Prices


Q: The Iron and Steel plants of Rourkela and Durgapur were conceived under the:

A: First Five Year Plan

B: Second Five Year Plan

C: Third Five Year Plan

D: Fourth Five Year Plan



Second Five Year Plan


Q: The purpose of land reforms was to :

A: increase the production in agriculture

B: increase the purchasing power of the rural population

C: ensure distributive justice with economic growth

D: all of the above



all of the above


Q: Chairman of the 15th Finance Commission of India-

A: NK Singh

B: YV Reddy

C: Ranghuram Rajan

D: Ramesh Chand



NK Singh
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