Home > Economy

Economy

Indian Economy Question and Answer – Economic and commercial developments for competitive examinations are an important subject, especially for examinations like banks, UPSC and IAS. There are a number of questions based on Indian Economy, Monetary Policy, Agriculture, Five Year Plan, Mixed Economy, Latest Economy Current Affairs, which are here to keep you updated and get success in the interview.

1. Which is NOT a measure under-taken by government to check inflation?
Question Asked : SSC CHSL (10+2) DEO & LDC Exam 2014

(A) Increase in consumption
(B) Increase in production
(C) Reduction in Deficit financing
(D) Taxation measures

Check Answer Read more
2. For which tax, was constitutional status given much later after its introduction in a small way in 1994-95?
Question Asked : SSC Graduate Level Tier-I Exam 2013

(A) Customs Duty
(B) Corporation Tax
(C) Taxes on Services
(D) Income Tax

Check Answer Read more
3. Who presented the Union Budget in 1970?
Question Asked : SSC Constable (GD) Exam 2013

(A) T.T. Krishnarnachari
(B) C. Subrarnaniam
(C) Indira Gandhi
(D) R. Venkatrarnan

Check Answer Read more
4. Which of the following is deducted from NNP to arrive at N1?
Question Asked : SSC (10+2) Level Data Entry Operator & LCD Exam 2011

(A) Indirect Tax
(B) Capital consumption allowance
(C) Subsidy
(D) Interest

Check Answer Read more
5. The single largest item of expenditure of the Central Government in India in recent years is
Question Asked : SSC Combined Matric Level (Pre) Exam 2002, SSC CGL Tier-I Exam 2014

(A) Defence
(B) Subsidies
(C) Interest payment
(D) General services

Check Answer Read more
6. Fiscal policy is concerned with
Question Asked : SSC Combined Matric Level (Pre) Exam 2001

(A) Public revenue
(B) Public expenditure and debt
(C) Bank rate policy
(D) Both (A) and (B)

Check Answer Read more
7. Which of the following yields the largest revenue to the Government of India?
Question Asked : SSC Combined Matric Level (Pre) Exam 2001

(A) Sales tax
(B) Excise duty
(C) Income tax
(D) Entertainment tax

Check Answer Read more
8. Among the tax revenues of the Union Government, what is the largest source?
Question Asked : SSC Combined Matric Level (Pre) Exam 2000, 2002 (Re-Exam), SSC Data Entry Operator Exam 2008

(A) Income Tax
(B) Corporation Tax
(C) Central Excise
(D) Customs Duty

Check Answer Read more
9. Which is the biggest tax paying sector in India?
Question Asked : SSC Combined Graduate Level Tier-I Exam 2010

(A) Agriculture sector
(B) Industrial sector
(C) Transport sector
(D) Banking sector

Check Answer Read more
10. The Report of Vijay Kelkar Committee relates to
Question Asked : SSC CPO Sub-Inspector Exam 2008

(A) Trade Reforms
(B) Centre-State Financial Relations
(C) Disinvestment in Public Sector Enterprises
(D) Tax Reforms

Check Answer Read more
Categories
Today Hit Questions