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General Knowledge : Economics QUESTIONS AND ANSWERS :: part4 : 26 to 30
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
26.On 15th October, 1999, the National Commission on Labour (NCL) was set up under the charimanship of |
Mr. M.R. Maher |
Mr. Atal Behari Bajpai |
Mr. Ravindra Verma |
Mr. Yashwant Sinha |
27.Narasimahan report relates to the restructuring of |
sick industries |
sales tax |
income tax |
banks |
28.The measurement of poverty line is based on the criteria of |
their dwelling houses |
the nature of employment |
caloric consumption |
level of education |
29.Which of the following best defines the term ""Letter of Credit"" as used frequently in bank transactions ? |
An order from a bank to another abroad authorising the payment of a particular amount to a person named in the letter |
An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date |
Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank |
Statement showing outstanding deposits and credits of a banks for a particular period |
30.MODVAT refers to |
export value of a commodity |
value generated by exports |
value added to manufacturing cost |
money generated by import and export |
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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