Economics - Questions & Answers | Exam2Win

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106. MODVAT relates to retionalisation of tax structure in

A. Sales tax

B. Income tax

C. Excise duty

D. Gift tax

Explanation:

107. The Governments gold auction policy was aimed at

A. price stabilisation

B. making gold available to consumers

C. promoting jewellery exports

D. checking of smuggling and reducing the budgetary deficit of Central Government

Explanation:

108. Which of the following public sector banks has the largest number of loss making brances ?

A. State Bank of India

B. Indian Bank

C. United Bank of India

D. Syndicate Bank

Explanation:

109. One of the main factors that led to rapid expansion of Indian exports is

A. liberalisation of the economy

B. diversification of exports

C. imposition of import duties

D. recession in other countries

Explanation:

110. According to Gandhiji, private property should

A. be abolished

B. remain but have a ceiling

C. be taken and distributed more equitably by the State

D. remain but should be used by the owners as trustees for common good.

Explanation: