General Awareness Questions and Answers for Competitive Exams

Economics Questions

Q.81 VAT is imposed—

(A) Directly on consumer

(B) On final stage of production

(C) On first stage of production

(D) On all stages between production and final sale

Q.82 Kutir Jyoti scheme is associated with—

(A) Promoting cottage industry in villages

(B) Promoting employment among rural unemployed youth

(C) Providing electricity to rural families living below the poverty line

(D) All of these

Q.83 ‘Mid-day Meal’ scheme was started in the year—

(A) 1998                 

(B) 1997

(C) 1996                 

(D) 1995

Q.84 The central banking functions in India are performed by the

(A) Central Bank of India

(B) Reserve Bank of India

(C) State Bank of India

(D) Punjab National Bank

Q.85 Development expenditure of the Central government does not include

(A) defence expenditure

(B) expenditure on economic services

(C) expenditure on social and community services

(D) grant to states

Q.86 Fiscal Deficit means—

(A) Public Expenditure—Debts froms sources other than RBI

(B) Public Capital Expenditure—Surplus of Revenue Account

(C) Govt. Expenditure—Revenue receipts

(D) Public Expenditure—Tax and non-tax revenue receipts

Q.87 Dunkel Draft was—

(A) Associated with Uruguay round

(B) Related to atomic treaty among nations

(C) Related to Super 301

(D) Related to promoting drugs trade

Q.88 Which of the following bank is going to be merged at first with SBI ?

(A) State Bank of Saurashtra

(B) State Bank of Indore

(C) State Bank of Patiala

(D) State Bank of Bikaner and Jaipur

Q.89 ‘Pure Banking, Nothing Else’ is a slogan raised by—

(A) ICICI Bank     

(B) HDFC Bank

(C) SBI Bank        

(D) UTI Bank

Q.90 Indian's economy planning CANNOT be said to be :

(A) Indicative     

(B) Imperative

(C) Limited          

(D) Democratic