Question:

National income is the same as:

A.

Net Domestic Product at market price

B.

Net Domestic Product at cost factor

C.

Net National Product at market price

D.

Net National Product at factor cost

Answer» d. Net National Product at factor cost

Question:

Which Agriculture export item is second in case of India?

A.

Marine product

B.

Rice

C.

Sugar

D.

Oil cake

Answer» b. Rice

Question:

The principal source of revenue to the State Government in India is :

A.

Income Tax

B.

Sales Tax

C.

State Excise Duties

D.

Land Revenue

Answer» b. Sales Tax

Question:

Which of the following is correct regarding the Gross Domestic Saving In India? [Asstt Grade 1992]

A.

Contribution of Household sector is the largest

B.

Contribution of Government sector is the largest

C.

Contribution of Corporate sector is the largest

D.

None of these

Answer» a. Contribution of Household sector is the largest

Question:

Which of the following is not shared by the Centre and the States?

A.

Sales Tax

B.

Corporation Tax

C.

Income Tax

D.

Union Excise Duties

Answer» a. Sales Tax

Question:

Which of the following is not required while computing Gross National Product (GNP)?[Asstt Grade 1992]

A.

Net foreign investment

B.

Private investment

C.

Per capita income of citizens

D.

Purchase of goods by government

Answer» c. Per capita income of citizens

Question:

Which of the following is not sponsor of newly established UTI-II?

A.

Punjab National Bank

B.

General Insurance Corporation

C.

Life Insurance Corporation of India

D.

State Bank of India

Answer» b. General Insurance Corporation

Question:

The first estimate of national income in India was made by:

A.

Mahalanobis

B.

V.K.R.V. Rao

C.

Dadabhai Naoroji

D.

Prof. Sheroi

Answer» c. Dadabhai Naoroji

Question:

The performance of which of the following industries is considered performance of thecore industry? [RBI Grade B Officer 2011]

A.

Garments

B.

Leather

C.

IT

D.

Oil and Petroleum

Answer» d. Oil and Petroleum

Question:

Which of the following taxes is not levied by the Union Government?

A.

Wealth Tax

B.

Excise Duty

C.

Profession Tax

D.

Income Tax

Answer» c. Profession Tax