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