Q: Major part of the Indian agriculture is characterized by

A: Large size farm

B: Capitalist agriculture

C: Small size farm

D: Co-operative farm



Small size farm


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: In India, which sector generally suffers from the problem of surplus labour ?

A: Agriculture

B: Industry

C: Service

D: All of these



Agriculture


Q: Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following:

A: Reduction of Poverty

B: Extension of employment opportunities

C: Strengthening of capital market

D: Reduction in gender inequality



Strengthening of capital market


Q: Government imposes taxes to:

A: run the machinery of State

B: uplift of weaker sections

C: check the accumulation of wealth among the rich

D: None of the above



run the machinery of State


Q: The equilibrium condition for money market is:

A: demand for money should be equal to supply of money

B: cash in hand should be equal to deposits in bank

C: saving is equal to investment

D: bank rate is equal to repo rate



demand for money should be equal to supply of money


Q: Which of the following Committees are related to Banking reforms:
i) Narsimham Committee
ii) P J Nayak Committee
iii) Sunil Mehta Committee
iv) Nachiket Mor Committee



A: (i), (ii) and (iii) only

B: (ii), (iii) and (iv) only

C: (i) and (iv) only

D: (i), (ii), (iii) and (iv)



(i), (ii), (iii) and (iv)


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: First Five Year Plan started in India in the year?

A: 1952

B: 1956

C: 1950

D: 1951



1951


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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