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A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 nor 2
9.) The issue of "duality of control" has been in news in recent times
in connection with?
A) Urban cooperative banks
B) Reserve Bank of India (RBI)
C) National Bank for Agriculture and Rural Development (NABARD)
D) Deposit Insurance and credit guarantee corporation (DICGC)
12.) Which is true 1. Stamp duties and property taxes are part of production taxes.
2. GVA method has led to increase in Service sector contribution to GDP.
a. Only 1
b. Only 2
c. Both 1 & 2
d. None
a. Only 1
b. Only 2
c. Both 1 & 2
d. None
a. Only 1
b. Only 2
c. Both 1 & 2
d. None
15.) Which s truea. Export and Import will be zero-rated under GST regime.
b. Advance pricing agreement is devised to prevent transfer pricing benefits
to corporates.
a. Only 1
b. Only 2
c. Both 1 & 2
d. None
18.)Liquidity Trap
a. Interest rates decreased to such a low level that in will only increase in
Future.
b.Interest rates continuosly increased to unsustainable level.
(a) 1 only.
(b) 2 only.
(c) Both 1 & 2.
(d) Neither 1 nor 2.
1. Tax devolution should be the primary route for transfer of resources to the
states.
2. The increased devolution of the divisible pool oftaxes is a compositional
shift in transfers - from grants to tax devolution.
3. It views there is a need to change the sharing pattern in respect to various
Centrally sponsored schemes. It wants the state to share a greater fiscal
responsibility for the implementation of such schemes.
(a) 1 & 2
(b) 1,2 & 3
(c) 1,3 & 4
(d) 2,3 & 4
23.)
b.) 2,3,4,
d.) 1,2,3
30.) In January 2015, the central statistics office released a new GDP
series that shifted the base year from 2004-05 to?
(i) 2009-10
(ii) 2010-11
(iii) 2011-12
(iv) 2012-13
31.) Since the end of June 2014 the international crude oil price
declined by about 50%.Of this, about 17% (representing about 34%
of the overall decline) was passed on to consumers while the
government retained the rest.
Which of the above statement justifies the Government actions?
(a) Government doesnt want to share the margin with the people.
(b) Accounting for uncertainty about the future movement of prices, it wants
to provide a necessary cushion to absorb the effect of higher oil prices in the
future .
(c) Government of India had fixed the prices of its crude import by the past
MOU with importing nation.
(d) The cost of refining has gone up significantly in the last few months.
38) With reference to the newly launched Kisan Vikas Patra (KVP),
which among the following is / are
correct statements?
1. The KVP certificates can be issued in single as well as joint names
2. The KVP can be transferred from one person to any other person, multiple
times
3. The KVP can be transferred from one post office to another
4. One can pledge the KVP certificates as security to avail loans
5. One can encash the KVP only after a lock-in period of 2.5 years
Select the correct option from the codes given below:
A) Only 1, 2 & 3
B) Only 1, 2, 3 & 4
C) Only 1, 4 & 5
D) 1, 2, 3, 4 & 5
4. Debentures
Select the correct option from the codes given below:
A) Only 1 & 2
B) 1, 2 & 3
C) 1, 3 & 4
D) 1, 2,
40) Which among the following factors can trigger Demand Pull
inflation?
1. Fall in the consumption expenditure
2. Increase in the level of unemployment
3. Sharp reduction in the income tax
Select the correct option from the codes given below:
A) Only 1
B) Only 1 & 2
C) Only 2 & 3
D) Only 3
quantitative easing?
1. Cutting Interest Rates
2. Pumping Money in the economy directly
3. Issuing Bonds in the market
Select the correct option from the codes given below:
A) 1 & 2
B) 1 & 3
C) 2 only
D) 1, 2 & 3
44.)
3. Inward Remittances
Which among the above is / are part of India's external debt?
A) Only 1 & 2
B) Only 2 & 3
C) Only 1 & 3
D) 1, 2 & 3
49) What trends does the Human Development Index 2014 show
about India?
1. India's HDI value is lowest among BRICS countries except Brazil
2. India's Gender Development Index ranking is lower than Bangladesh
Select the correct option from the codes given below:
A) Only 1
B) Only 2
C) Both 1 & 2
D) Neither 1 nor 2
B) Only 2
C) Both 1 & 2
D) Neither 1 nor 2