1
Q:

The National Income of a country is

A) The annual revenue of the Governament B) Sum total of factor incomes
C) Surplus of public sector Undertaking D) Export minus Imports

Answer:   B) Sum total of factor incomes



Explanation:
Subject: Indian Economy
Q:

What is the new Reverse Repo rate announced by the Reserve Bank of India (RBI) as on 1st August 2018?

 

A) 5.75 B) 6.75
C) 6.5 D) 6.25
 
Answer & Explanation Answer: D) 6.25

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1 107
Q:

Which among the following can best define the Neolithic Revolution?

 

A) Technology Revolution B) Agricultural Revolution
C) Milk Revolution D) Green Revolution
 
Answer & Explanation Answer: B) Agricultural Revolution

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Q:

NERAMAC, which was seen in the recent stimulus package, is associated with which sector?

 

A) Health B) Agriculture
C) Tourism D) Sports
 
Answer & Explanation Answer: B) Agriculture

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Q:

Which tax on crude Palm oil was recently reduced to 10 percent?

 

A) Customs Duty B) Goods and Services Tax
C) Excise Duty D) None of the above
 
Answer & Explanation Answer: A) Customs Duty

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Q:

Identify the A quiet maritime strategic diplomacy has emerged as the key theme of this year's Union Budget 2018-19?

 

A) Big investment in island nations B) Moderate investment in coastline infrastructure
C) Big investment in coastline guard and patrol D) Moderate investment in Hitech Vessels
 
Answer & Explanation Answer: A) Big investment in island nations

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0 104
Q:

Which is the first Indian company to hit the ₹10 lakh crore mark in market capitalization?

 

A) HDFC Bank B) ICICI Bank
C) Tata Consultancy Services D) Reliance Industries
 
Answer & Explanation Answer: D) Reliance Industries

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Q:

As per the government rules, how much percentage of advance tax needs to be paid by 15th June by an individual who is liable to pay advance tax?

 

A) 10% B) 25%
C) 15% D) 30%
 
Answer & Explanation Answer: C) 15%

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Q:

The ‘Hyderabad Fund’ had been held by the ______ in the account of the High Commissioner of Pakistan to the UK, Habib Ibrahim Rahimtoola.

 

 

A) Bank of England B) National Westminster Bank
C) Butterfield Private Bank D) Kingdom Bank
 
Answer & Explanation Answer: B) National Westminster Bank

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