introduction to indian economy section 10 MCQ Questions & Answers Detailed Explanation
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The following question based on Introduction to Indian Economy topic of indian economy mcq
- Companies having a net worth of at least Rs. 750 crore
- Companies having a minimum turnover of Rs. 500 crore
- Companies with at least a net profit of RS. 5 crore
(a) (i), (ii) & (iii)
(b) Only (iii)
(c) (i) & (ii)
(d) (i) & (iii)
The correct answers to the above question in:
Answer: (b)
Companies having a net worth of at least Rs. 500 crore or having a minimum turnover of Rs. 1,000 crore or those with at least net profit of Rs. 5 crores, have to make CSR spend.
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Read more introduction Based Indian Economy Questions and Answers
Question : 1
Which of the following is the characteristic of progressive tax?
- Marginal tax rate should be increasing.
- Marginal tax rates should be more than average tax rate.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
A progressive tax is a tax in which the tax rate increases as the taxable base amount increases Regarding progressive tax, marginal tax rate should be increasing and it should be more than average tax rate.
Question : 2
The Ganga Action Plan was directed by :
a) Atal Bihari Vajpayee
b) Rajiv Gandhi
c) Manmohan Singh
d) Indira Gandhi
Answer »Answer: (b)
The Ganga Action Plan was launched by Rajiv Gandhi in April 1986 to reduce the pollution load on the river .
Question : 3
Regional Rural Banks are sponsored by
a) Government of India
b) Reserve Bank of India
c) State Bank of India
d) Nationalised Commercial Bank
Answer »Answer: (d)
The Narasimham committee conceptualized the foundation of regional rural banks in India. Five regional rural banks were set up on October 2, 1975. There were five commercial banks, viz.
Punjab National Bank, State Bank of India, Syndicate Bank, United Bank of India and United Commercial Bank, which sponsored the regional rural banks.
Question : 4
Distribution of food rains operates under a two tier system with the introduction of
a) The Service Cooperatives
b) The Consumers Cooperatives
c) The Cooperative Marketing Societies
d) Targetted Public Distribution System
Answer »Answer: (d)
The Targeted Public Distribution System (TPDS) replaced the erstwhile PDS from June 1997. Under the new system a two tier subsidized pricing system was introduced to benefit the poor.
Question : 5
In India, inflation is measured by the :
a) consumers price Index for urban non-manual workers.
b) consumers price Index for agricultural
c) wholesale price Index Number
d) National Income Deflation
Answer »Answer: (c)
In India, inflation is measured by the wholesale price Index . The wholesale prices of commodities of base year are compared with wholesale prices of current year to compute inflation.
Question : 6
NIFTY is associated with
a) NSE Index
b) Consumer Price Index
c) BSE Index
d) Cloth Market Price Index
Answer »Answer: (a)
The NSE’s key index is the S&P CNX Nifty, known as the NSE NIFTY (National Stock Exchange Fifty), an index of fifty major stocks weighted by market capitalization.
Nifty Fifty was an informal term used to refer to 50 popular large-cap stocks on the New York Stock Exchange in the 1960s and 1970s that were widely regarded as solid buy and hold growth stocks. NIFTY means National Index for Fifty.
GET Introduction to Indian Economy PRACTICE TEST EXERCISES
introduction to indian economy section 1
introduction to indian economy section 2
introduction to indian economy section 3
introduction to indian economy section 4
introduction to indian economy section 5
introduction to indian economy section 6
introduction to indian economy section 7
introduction to indian economy section 8
introduction to indian economy section 9
introduction to indian economy section 10
introduction to indian economy section 11
introduction to indian economy section 12
introduction to indian economy section 13
introduction to indian economy section 14
Introduction to Indian Economy Shortcuts and Techniques with Examples
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