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Economics - Questions and Answers

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776. The best means of saving during inflation is
A. Money
B. Government Bonds
C. Equity
D. Time deposits with Banks
Explanation:
777. The first attempt to initiate economic planning in India was made by
A. Balwantrai Mehta
B. Vallabhbhai Patel
C. M. Visvesvaraya
D. Jawaharlal Nehru
Explanation:
778. Which of the following taxes is/are levied by the Union and collected and appropriated by the states ?
A. Stamp Duties
B. Taxes on Newspapers
C. Estate Duty
D. Passenger and goods tax
Explanation:
779. Narasimhan Committee was appointed to make recommendations on the
A. Public sector enterprises
B. Public distribution system
C. Financial structure of the country
D. Centre - State financial relations
Explanation:
780. Which of the following is not required while computing Gross National Product (GNP) ?
A. Net foreign investment
B. Private investment
C. Per capita income of citizens
D. Purchase of goods by government
Explanation:
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