Quiz 627: Indian Economy

June 6, 2012 August 4, 2020
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1.
Consider the following statements:
  1. Bulk of employment in India is in rural areas.
  2. The disguised unemployment in agricultural sector is perennial.
  3. Industrialization has rendered several people jobless in India.
Which of the statement(s) given above is/are correct ?
2.
Currently, which of the following commodities are distributed in India via Public Distribution System?
  1. Wheat
  2. Rice
  3. Sugar
  4. Pulses
  5. Kerosene
Select the correct option from the codes given below:
3.
In context of ‘Indira Awaas Yojana’, consider the following statements:
  1. Indira Awaas Yojana seeks to provide shelter to rural BPL households.
  2. Allotment under this housing scheme is made only in the name of the female member of the household.
Which of the following is/are correct?
4.
The Laffer curve is the graphical representation of :
5.
The government has powers under the Essential Commodities Act, 1955 (EC Act) to declare a commodity as an essential commodity to ensure its availability to people at fair price. The Commodities covered under the Act include:
  1. Paper
  2. Hank Yarn
  3. Fertilizers
  4. Petroleum and Petroleum Products
  5. Cotton and Jute seeds
Select the correct option from the codes given below:
6.
Which of the following is / are included in the Non-votable charges or ‘Charged Expenditure’ in the Union Budget?
  1. Salary and Allowances of the Presiding Officers of the houses of Parliament
  2. Salary and Allowances of the Judges of the Supreme Court and High Courts
  3. Salary and Allowances of the CAG
  4. Pension of the retired Judges of the Supreme Court
  5. Pension of the retired Judges of High Courts
Select the correct option from the codes given below:
7.
Which of the following are among the taxes levied exclusively by the Central Government and are mentioned in the Union List of the Seventh Schedule of the Constitution of India?
  1. Corporation Tax
  2. Taxes on advertisement in the newspapers
  3. Taxes on Agricultural income
  4. Taxes on consumption/sale of electricity
Select the correct option from the codes given below:
8.
Which of the following statements regarding the ‘Viability Gap Funding Scheme (VGF)’ is not true?
9.
Indian Currency Printing Institutions are located in which of the following places?
  1. Nasik
  2. Hoshangabad
  3. Hyderabad
  4. Aurangabad
  5. Devas
Select the correct option from the codes given below:
10.
Who among the following operates the National Disaster Response Fund which was constituted under the Disaster Management Act, 2005?
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8 Comments

  1. test

    June 13, 2012 at 10:11 am

    Help full

    Reply

  2. admin

    June 13, 2012 at 10:13 am

    thanks

    Reply

  3. rpsgktoday

    June 21, 2012 at 9:27 pm

    similar question like q no 8 came in Engineering servicess 2012 exam..thanks gk today…I will request gktoday to provide more question for cracking general studies for Engineering services exam.Nice collection.I always follow this site for current affairs and General knowledge.

    Reply

  4. prakash

    June 27, 2012 at 5:28 pm

    what a tremendious effots

    Reply

  5. suhasini

    October 24, 2012 at 10:05 pm

    in 7th question i have one doubt
    i have studied ,hight court judges salary has given from consolidate fund of state not include in union list
    only pension in that list

    Reply

  6. bhuvanesh

    February 13, 2013 at 2:55 pm

    question 7 ….i don’t think it should have pension of HC judges
    source : http://indiabudget.nic.in/ub2010-11/keybud/keybud2010.htm

    Reply

  7. Kumar

    June 20, 2014 at 5:53 am

    For Question 4:

    Answer should be only 1. Check the Official website page below, see Allotment Rules.
    http://iay.nic.in/netiay/more_benefcry.htm

    Reply

  8. rahul janjal

    December 3, 2014 at 3:54 pm

    Helps a lot ….
    Thankx ……

    Reply

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