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Test your basic knowledge |
Indian Economy
Start Test
Study First
Subjects
:
economics
,
india
Instructions:
Answer 20 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. What is true for the service tax in Union Budget 2011-12?
Rs. 87800 crore
50
Wholesale Price Index
It is left unchanged at 10%
2. The target for exports in 2013-14 has been fixed at...
4
It is left unchanged at 10%
$ 450 billion
67th rank
3. Global Hunger Index released by IFPRI in October 2010 places India at...
56
Mumbai
Rs. 87800 crore
67th rank
4. As per the latest data available (for the year 2009). Infant Mortality Rate (per thousand live births) in India is...
State Government
50
Wholesale Price Index
18 Paise
5. When was the first EPZ set-up in Kandla?
State Government
56
18
1965
6. Indian Rupee has got its symbol as . This symbol has been designed by...
AMFI
Udai Kumar
50
04
7.
50
April 1 - 2012
State Government
Rs. 318581 crore
8. First share market in India was established of...
24 carat
Mumbai
Wholesale Price Index
56
9. In Forbes-2000 list of the year 2010 how many Indian companies got the place?
50
56
AMFI
$ 450 billion
10. GST would be introduced from...
April 1 - 2012
State Government
Mumbai
18
11. Primary gold is a gold of...
18 Paise
4
1965
24 carat
12. Revenue Deficit as a per cent of GDP in Budget 2011-12 has been estimated at...
Rs. 87800 crore
4
It is left unchanged at 10%
67th rank
13. As per 13th Finance Commission Recommendations during 2010-15 - transfers to the states from the central tax pool are expected to be
State Government
Rs. 318581 crore
$ 450 billion
18
14. The rate of Minimum Alternate Tax (MAT) proposed in the budget 2011-12 is...
April 1 - 2012
18
4
State Government
15. Inflation in India is measured on which of the following indexes/indicators?
67th rank
18
Wholesale Price Index
April 1 - 2012
16. For rural development allocation Union Budget 2011-12 is...
04
Rs. 87800 crore
AMFI
4
17. How many economists shared Nobel Prize in Economics for the year 2010?
04
Corporation Tax
State Government
18 Paise
18. Which part of Indian rupee has been allotted in public expenditure for repaying interest on loans in 2011-12 budget proposals?
State Government
18 Paise
Rs. 87800 crore
4
19. From which of the following taxes - the Central Government will get the maximum revenue in 2011-12?
56
04
Corporation Tax
50
20. Which of the following is not a financial regulator?
18
It is left unchanged at 10%
Rs. 318581 crore
AMFI