PG TRB Commerce Previous Year Question Papers with Answers - 1

Question: 1

The Indian Income Tax is

(A) Indirect and progressive

(B) Direct and progressive

(C) Direct and proportional

(D) Indirect and proportional

Ans B

Direct and progressive

Question: 2

FERA is ____ Exchange Regulation Act.

(A) Fiscal

(B) Finance

(C) Forests

(D) Foreign

Ans: D

Foreign

Question: 3

With which sector is “Bull and Bear” associated?

(A) Indigenous Banking

(B) International Trade Banking

(C) Foreign trade

(D) Stock Exchange Market

Ans: D

Stock Exchange Market

Question: 4

The backbone of all economic activities is

(A) Agriculture

(B) Education

(C) Industry

(D) Finance

Ans: D

Finance

Question: 5

Japanese are experts in obtaining electricity from

(A) Sugarcane wastes

(B) Sea waves

(C) Sunlight

(D) Water

Ans: B

Sea waves

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