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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. Which of the following is not a financial regulator?
50
$ 450 billion
AMFI
4
2. The rate of Minimum Alternate Tax (MAT) proposed in the budget 2011-12 is...
18
04
4
Udai Kumar
3. What is true for the service tax in Union Budget 2011-12?
It is left unchanged at 10%
Corporation Tax
50
Rs. 318581 crore
4. GST would be introduced from...
50
Mumbai
$ 450 billion
April 1 - 2012
5. As per 13th Finance Commission Recommendations during 2010-15 - transfers to the states from the central tax pool are expected to be
State Government
It is left unchanged at 10%
67th rank
Rs. 318581 crore
6. Revenue Deficit as a per cent of GDP in Budget 2011-12 has been estimated at...
1965
18 Paise
It is left unchanged at 10%
4
7. For rural development allocation Union Budget 2011-12 is...
State Government
$ 450 billion
Rs. 87800 crore
Corporation Tax
8. As per the latest data available (for the year 2009). Infant Mortality Rate (per thousand live births) in India is...
18
50
1965
Rs. 87800 crore
9.
18
50
Rs. 318581 crore
State Government
10. Primary gold is a gold of...
Corporation Tax
Rs. 87800 crore
24 carat
Rs. 318581 crore
11. In Forbes-2000 list of the year 2010 how many Indian companies got the place?
56
Rs. 87800 crore
Wholesale Price Index
4
12. From which of the following taxes - the Central Government will get the maximum revenue in 2011-12?
Rs. 87800 crore
Corporation Tax
24 carat
67th rank
13. Inflation in India is measured on which of the following indexes/indicators?
State Government
Wholesale Price Index
67th rank
18
14. Which part of Indian rupee has been allotted in public expenditure for repaying interest on loans in 2011-12 budget proposals?
1965
18 Paise
AMFI
Wholesale Price Index
15. When was the first EPZ set-up in Kandla?
$ 450 billion
1965
04
24 carat
16. Indian Rupee has got its symbol as . This symbol has been designed by...
Udai Kumar
Wholesale Price Index
It is left unchanged at 10%
Mumbai
17. Global Hunger Index released by IFPRI in October 2010 places India at...
April 1 - 2012
67th rank
4
24 carat
18. How many economists shared Nobel Prize in Economics for the year 2010?
It is left unchanged at 10%
$ 450 billion
18 Paise
04
19. The target for exports in 2013-14 has been fixed at...
56
$ 450 billion
24 carat
April 1 - 2012
20. First share market in India was established of...
April 1 - 2012
Mumbai
State Government
Corporation Tax