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Free gk questions Online Test - MeritNotes
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Online Exam
No. of Questions :10
Remaining Time :
1. National income is the same as
(a)
Net National Product at factor cost
(b)
Net National Product at market price
(c)
Net Domestic Product at cost factor
(d)
Net Domestic Product at market price
2. Economic planning refers to
(a)
The allocation of resources
(b)
The mobilisation of taxes
(c)
The planning of manpower
(d)
None of these
3. The Inter State Council has been set up under
(a)
Art 263
(b)
Art 283
(c)
Art 292
(d)
Art 352
4. The Employment Guarantee Scheme, a rural work programme, was first started in
(a)
Maharashtra
(b)
Punjab
(c)
West Bengal
(d)
Kerala
5. As per the 1999 - 2000 Budget estimates which tax was estimated to yield the maximum revenue?
(a)
Excise Duty
(b)
Income tax
(c)
Corporate Tax
(d)
Customs Duty
6. Bank rate is the rate of interest?
(a)
At which Commercial Banks borrow money from RBI
(b)
At which Commercial Banks borrow money from public
(c)
At which public borrows money from Commercial Bank
(d)
At which public borrows money from RBI
7. ‘Dear Money’ from
(a)
High rate of interest
(b)
Depression
(c)
Inflation
(d)
Low rate of interest
8. Rate of growth of an economy is measured in terms of
(a)
National income
(b)
Number of people who have been lifted above the poverty
(c)
Industrial development
(d)
Per Capita Income
9. Which of the following panels examined and suggested tax reforms?
(a)
Chelliah Committee
(b)
Sawant Committee
(c)
Verma Commission
(d)
None of these
10. Division of labour is promoted by
(a)
Limited market
(b)
Extended market
(c)
Price discrimination
(d)
Perfect market
