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