Q361.Which one among the following countries is not a member of SAARC?
Correct answer: Myanmar
Q362.‘Underdeveloped countries are the slums of world economy’ the statement is given by
Correct answer: A.N. Cairncross
Q363.Which of the following taxes is levied by the Gram Panchayats?
Correct answer: Tax on local fairs
Q364.Asia-Pacific Economic Cooperation (APEC) Summit-2014 was held at
Correct answer: Beijing
Q365.Which among the following is a characteristic of underdevelopment?
Correct answer: Vicious circle of poverty
Q366.Consider the following items. 1. Cereal grains hulled 2. Chicken eggs cooked 3. Fish processed and canned 4. Newspapers containing advertising material Which of the above item is/are exempted under GST (Goods and Service Tax)?
Correct answer: Only 1
Q367.Asian Development Bank is located in
Correct answer: Manila
Q368.Economically, one of the results of the British rule in India in the 19th century was the
Correct answer: commercialisation of Indian agriculture
Q369.According to the Tenth Finance Commission the share of resources to be transferred to states from the divisible pool will be
Correct answer: 29%
Q370.Which one of the following countries is not a member of OPEC?
Correct answer: China
Q371.Assertion (A): The emergence of economic globalism does not imply the decline of socialist ideology. Reason (R): The ideology of socialism believes in universalism and globalism. In the context of the given two statements, which of the following is correct? Code
Correct answer: Both (A) and (R) are true and (R) is the correct explanation of
Q372.The Finance Commission is primarily concerned with recommending to the President about
Correct answer: Both (A) and (B)
Q373.‘Euro’ is the official currency of
Correct answer: Only 18 countries of Europe
Q374.In India, National Income is computed by which of the following?
Correct answer: Central Statistical Organisation
Q375.The distribution of finance between centre and states is done on the recommendation of
Correct answer: Finance Commission
Q376.‘G-8 Muskoka Initiative’ is concerned with
Correct answer: Maternity and Child Health
Q377.Who among the following was the Chairman of National Committee appointed by Government of India in 1949?
Correct answer: P.C. Mahalanobis
Q378.According to the 14th Finance Commission, the percentage share of States in the net proceeds of the shareable Central tax revenue should be
Correct answer: 42%
Q379.Consider the following statements. 1. Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to income countries facing high level of indebtedness. 2. Singapore Regional Training Institution (STI) is one of the institutes that provides training in Macro-economic analysis and policy and related subject as a part of programme of the IMF institute. Which of the statement(s) given above is/are correct?
Correct answer: Only 2
Q380.The national income of a country for a given period is equal to the
Correct answer: Money value of final goods and services produced
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01
General practice
Topic-wise questions and study coverage will appear here.