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