Indian Economy Questions

Q:

Which country has replaced China as the top retail destination in 2017 Global retail development index ?

A) Russia B) India
C) Japan D) USA
 
Answer & Explanation Answer: B) India

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Q:

The period of Eleventh Five Year Plan is

A) 2005 to 2010 B) 2006 to 2011
C) 2007 to 2012 D) 2008 to 2013
 
Answer & Explanation Answer: C) 2007 to 2012

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4 4020
Q:

GST Council has decided to keep a total of ________ items in the 28% slab, which was earlier 227.

A) 125 B) 87
C) 100 D) 50
 
Answer & Explanation Answer: D) 50

Explanation:

The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.  

Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

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Exam Prep: AIEEE , Bank Exams , CAT , GATE
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8 4012
Q:

Which of the following is the scheme for which entire premium of the assured person is paid by the Central Government

A) Jawahar Bhima Yojana B) Shiksha Sahyog Yojana
C) Swarnajayanti Shahari Rozagar Yojana D) None of these
 
Answer & Explanation Answer: B) Shiksha Sahyog Yojana

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4 4002
Q:

Which state of India has recorded the highest rate of population growth in the last Census 2001

A) Gujarat B) Manipur
C) Nagaland D) Haryana
 
Answer & Explanation Answer: C) Nagaland

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2 3985
Q:

Which one of the following is NOT amethod of measurement of National Income

A) Value added method B) Income method
C) Expenditure method D) Investment method
 
Answer & Explanation Answer: D) Investment method

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3 3984
Q:

Among the following rivers which one is the largest

A) Godavari B) Kaveri
C) Yamuna D) Krishna
 
Answer & Explanation Answer: A) Godavari

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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

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