Economic and Banking Questions and Answers

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Q31
Which percentage of Central Taxes have been recommended by the 12th Finance Commission to be transferred to States ?
  • A 28·5%
  • B 29·5%
  • C 30·5%
  • D 31·5%
Answer: Option C
Q32
Which state possesses the maximum percentage of SC population ?
  • A U.P.
  • B M.P.
  • C Kerala
  • D Punjab
Answer: Option D
Q33
Government has decided to cover all districts of the country in National Rural Employment Guarantee Programme (NREGP)-
  • A Upto January 1, 2008
  • B Upto March 31, 2008
  • C w.e.f. April 1, 2008
  • D w.e.f. April 1, 2009
Answer: Option C
Q34
What is ‘NIKKEI’ ?
  • A Share Price Index of Tokyo Share Market
  • B Name of Japanese Central Bank
  • C Japanese name of Country’s Planning Commission
  • D Foreign Exchange Market of Japan
Answer: Option A
Q35
Which statement is correct for Indian Planning Commission ?
  • A It is not defined in Indian Constitution
  • B Members and Vice-Chairman of it do not have fixed working duration
  • C Members do not require any minimum education
  • D All of these
Answer: Option D
Q36
Which State of the following has not yet adopted VAT (Value Added Tax) ?
  • A Tamil Nadu
  • B Uttar Pradesh
  • C Gujarat
  • D None of the above
Answer: Option D
Q37
Service Tax revenue collection for 2008–09 (Budget estimates) was proposed at-
  • A Rs. 64,460 crore
  • B Rs. 52,603 crore
  • C Rs. 50,200 crore
  • D Rs. 74,460 crore
Answer: Option A
Q38
NABARD was established on the recommendation of-
  • A Public Account Committee
  • B Shivaraman Committee
  • C Narsimham Committee
  • D None of these
Answer: Option B
Q39
Sampurna Gramin Rojgar Yojana was launched on-
  • A 1st April, 2001
  • B 25th Sept., 2001
  • C 30th Sept., 2001
  • D No scheme of such title has yet launched
Answer: Option B
Q40
Which company is providing mobile service with name ‘Cell One’ to the consumers ?
  • A MTNL
  • B BSNL
  • C Reliance Infocom
  • D Bharti Tele
Answer: Option B

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