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261. Why was Joint Sector mooted in India ?
A. For mobilishing initiative resources
B. Because the government was unable to handle all the industries
C. Because private entrepreneurs were exploiting consumers
D. None of these
Explanation:
262. The Raja Chelliah Committee on taxation recommended anong other things
A. the abolition of capital gains tax
B. the abolition of expenditure tax
C. the restruction of profit tax
D. the incorporation of the concept of expecnditure tax in the existing structure of income tax
Explanation:
263. If there is an increase in export remittances, there is
A. increase in forex reserves also
B. decrease in forex reserves
C. no change in forex reserves
D. either increase or decrease in forex reserves
Explanation:
264. The long run in the theory of the firm is
A. 3 months or over
B. 6 months or over
C. 5 years or over
D. None of these
Explanation:
265. CART was set up in 1982 to
A. facilitate small scale industries development
B. organise voluntary agencies
C. improve rural transportation
D. improve technology of rural industries
Explanation:
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