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