1000 Best Indian Economy MCQs
Q233). The one rupee note bears the signature of
a).Secretan Ministn of Finance
b).Goernor, RBI
c).Finance Minister
d).None of these
Correct Answer:
Secretan Ministn of Finance
Explanation:
Q234). In India, inflation measured by the
a).Wholesale Price Index number
b).Consumers Price Index for urban non-manual workers
c).Consumers Price Index for agricultural workers
d).National Income Deflation
Correct Answer:
Wholesale Price Index number
Explanation:
Q235). An ad-valorem duty is tax basis of
a).Price of commodity
b).Value added
c).Ackertisement expenses
d).Unit of the commodity
Correct Answer:
Price of commodity
Explanation:
Q236). Which one or the following is not an affiliate of the Reserve Bank of India?
a).IDBI
b).Agricultre Refinance Corp
c).UTI
d).Deposit Insurance Corp
Correct Answer:
IDBI
Explanation:
Q237). The Indian Financial Year begins on
a).1 January.
b).1 April.
c).1 July.
d).None of these
Correct Answer:
1 April.
Explanation:
Q238). Percentage of Re 1 coins in total currency of India is
a).1.2 per cent
b).2.2 per cent
c).2.0 per cent
d).2.3 per cent
Correct Answer:
2.3 per cent
Explanation:
Q239). Which of the following is a direct tax?
a).Excise
b).Sales tax
c).Income tax
d).None
Correct Answer:
Income tax
Explanation:
Q240). State govts do not levy
a).Income tax
b).CST
c).excise duty
d).None
Correct Answer:
None
Explanation: