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Economics - Questions and Answers

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591. National income of India is compiled by
A. Finance Commission
B. Indian Statistical Institute
C. National Development Council
D. Central Statistical Organisation
Explanation:
592. Which of the following bodies finalises the Five Year Plan proposals ?
A. Planning Commission
B. Union Cabinet
C. National Development Council
D. Ministry of Planning
Explanation:
593. Monetary policy is regulated by
A. money lenders
B. Central Bank
C. private entrepreneurs
D. Government policy
Explanation:
594. The headquarters of IMF is situated in
A. England
B. New York
C. Washington
D. Tokyo
Explanation:
595. Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : In India, indirect taxes contitute a large share of Government revenue.Reason (R) : Taxes are essential for development
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is the not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
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