Q: The Special Economic Zones Act was passed by the Indian Parliament in 2005 and the Act came into force in:

A: 2006

B: 2009

C: 2010

D: 2012



2006


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

A: Tea

B: Textile

C: Jute

D: Coal



Textile


Q: Find out the statement which is false.
Financial Structural reform needs


A: fall in government budget deficit

B: increase in profitability of economic sectors

C: reduce inflationary pressure

D: increase in the balance of payment deficit



increase in the balance of payment deficit


Q: A closed economy is an economy in which:

A: the money supply is fully controlled

B: deficit financing takes place

C: only exports take place

D: Neither exports nor imports take place.



Neither exports nor imports take place.


Q: The Gandhian economy is based on the principle of:

A: Competition

B: Trusteeship

C: State Control

D: None of the above



Trusteeship


Q: Which of the following is true in respect of Centre-State financial relations ?

A: Amount given by Centre is the only source of income to States

B: States can by-pass Centre while taking foreign loans

C: States can not levy income tax

D: States can claim 100 % share in excise duty on goods produced in the State



States can not levy income tax


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: In India, Special Economic Zones were established to enhance:

A: Technology Development

B: Free Trade

C: Foreign Investment

D: Employment



Free Trade


Q: The SEBI was given statutory recognition in 1992 on the recommendation of:

A: the Chakraborty Commission

B: the Chelliah Committee

C: the Tendulkar Committee

D: the Narasimham Committee



the Narasimham Committee


Q: Which organisation looks after the credit need of agriculture and rural development in India ?

A: FCI

B: IDBI

C: NABARD

D: ICAR



NABARD
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