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Q:

Which is the highest form of unemployment in India?

A) seasonal B) structural
C) cyclical D) casual

Answer:   B) structural

Explanation:

Basically India's unemployment is structural in nature. It is associated with the inadequacy of the productive capacity to create enough jobs for all those able and willing in india. Not only is the productive capacity  (largely capital stock) much below the needed quantity, it is also found to be increasing at a slow rate. As against this, additions to labour force are being made at a fast rate on account of rapidly rising population. Thus, the absolute level of unemployed persons is rising every year. 

Subject: Indian Economy
Q:

Which among the following is the exclusive jurisdiction of the State Government ?

A) Sales Tax B) Custom Duty
C) Income Tax D) Corporation Tax
 
Answer & Explanation Answer: A) Sales Tax

Explanation:
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Q:

MODVAT is related to

A) Sales Tax B) Income Tax
C) Wealth Tax D) Excise Tax
 
Answer & Explanation Answer: D) Excise Tax

Explanation:
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Q:

The head quarters of World Trade Organisation(WTO) are at

A) Rome B) Geneva
C) Doha D) New York
 
Answer & Explanation Answer: B) Geneva

Explanation:
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Q:

The exercise of converting the financial outlays into physical outcomes, with fixed quarterly measurable and monitorable target is called

A) Outcome budget B) Estimated budget
C) Expenditure estimate D) None of these
 
Answer & Explanation Answer: A) Outcome budget

Explanation:
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Q:

The rolling plan concept in our country started with the

A) Third plan B) Fourth plan
C) Fifth plan D) Seventh plan
 
Answer & Explanation Answer: C) Fifth plan

Explanation:

The Rolling plan refers to one-year plans in the five-year perspective. under Rolling plan, there would be an annual appraisal of the progress of the plan and on the basis of such an appraisal, the plan for the next year will be prepared. The plan would go on rolling year after year.

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