Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part4 : 36 to 40

Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :

36.Why was Joint Sector mooted in India ?

For mobilishing initiative resources

Because the government was unable to handle all the industries

Because private entrepreneurs were exploiting consumers

None of these

37.The Raja Chelliah Committee on taxation recommended anong other things

the abolition of capital gains tax

the abolition of expenditure tax

the restruction of profit tax

the incorporation of the concept of expecnditure tax in the existing structure of income tax

38.If there is an increase in export remittances, there is

increase in forex reserves also

decrease in forex reserves

no change in forex reserves

either increase or decrease in forex reserves

39.The long run in the theory of the firm is

3 months or over

6 months or over

5 years or over

None of these

40.CART was set up in 1982 to

facilitate small scale industries development

organise voluntary agencies

improve rural transportation

improve technology of rural industries

More Economics QUESTIONS AND ANSWERS available in next pages

Health is the greatest gift, contentment is the greatest wealth -Buddha

A real entrepreneur is somebody who has no safety net underneath them. Henry Kravis

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