General Knowledge : Economics QUESTIONS AND ANSWERS :: part1 : 1 to 5
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
1.Which of the following statements are correct regarding the Planning Commission in India ?1. It is an advisory body2. It is a statutory body3. The Prime Minister is its ex-officio Chairman4. It makes plan for the Union as well as the states |
| 1 and 3 |
| 1, 3 and 4 |
| 2 and 4 |
| 2, 3 and 4 |
2.The income tax in India is |
| indirect and progressive |
| diret and proportional |
| direct and progressive |
| indirect and proportional |
3.The decentralisation system was recommended by |
| C. Rajagopalachari |
| J.B. Kripalani |
| Balwant Rai Mehta |
| Ashok Mehta |
4.The investment in the field of housing as a percentage to total investment during Sevent Plan was |
| 10 |
| 15 |
| 20 |
| 25 |
5.The principal sources of revenue to the State Government in India is |
| Income Tax |
| Sales Tax |
| State Excise Duties |
| Land Revenue |
More Economics QUESTIONS AND ANSWERS available in next pages
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Health is the greatest gift, contentment is the greatest wealth -Buddha
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TNPSC Group IV Syllabus
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