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