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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:

Who was appointed as Deputy Governor of RBI recently ?

A) SS Mundra B) Viral Acharya
C) Urjit Patel D) R Gandhi
 
Answer & Explanation Answer: B) Viral Acharya

Explanation:

The government on 28th December, 2016 appointed Viral Acharya as the Deputy Governor of the RBI. He will be joining the ranks of NS Vishwanathan, SS Mundra, R Gandhi as one of four Deputy Governors under RBI Governor Urjit Patel. Acharya has been serving as a Professor of Economics at the New York University Stern School of Business since 2008.

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Exam Prep: CAT
Job Role: Bank PO

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Q:

India's first amphibious bus project has been launched by which state government ?

A) Telangana B) Assam
C) Punjab D) Gujarat
 
Answer & Explanation Answer: C) Punjab

Explanation:
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7 291
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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3 491
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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