A substantial increase in capital expenditure or revenue deficit leads to ...........
1. Budgetary Deficit
2.Fiscal Deficit
3.Primary Deficit
4.Revenue Deficit
Effective Corporate tax (including the base rate, cess, surcharge, dividend distribution tax and any other addition tax) is highest in -
1.France
2.Brazil
3.India
4.Japan
In Germany, the term 'Black Zero' is referred to as -
1.Loss making Start-Ups
2.Profitable zero-debt companies
3.Balanced Budget
4.Tainted Companies
Regional Comprehensive Economic Partnership (RCEP) is a proposed pact between ASEAN and -
1.China, Japan and South Korea
2.Australia, New Zealand and India
3.Both (A) and (B)
4.Neither (A) nor (B)
.... is the largest creditor nation in the world.
1.Japan
2.Germany
3.China
4.Saudi Arab
Akhilesh Ranjan Panel on Direct Tax Code recommended highest rate of income tax at 35% for the annual income above -
1.Rs. 2 crore
2.Rs. 1.5 crore
3.Rs. 1.0 crore
4.Rs. 0.50 crore
Akhilesh Ranjan Panel on Direct Tax Code suggested no tax up to the annual income -
1.Rs. 3 lakh
2.Rs. 4 lakh
3.Rs. 5 lakh
4.Rs. 7.5 lakh
Composition Scheme under GST is applicable to businesses with a turnover up to -
1.Rs. 1.0 crore
2.Rs. 1.5 crore
3.Rs. 2.0 crore
4.Rs. 2.5 crore
Farmers' Clubs have been promoted by -
1. Indian Council of Agricultural Research
2.National Bank for Agriculture and Rural Development
3.Regional Rural Banks
4.Ministry of Agriculture, Farmers' Welfare and Cooperation
Husband and wife jointly borrowed a home loan in the ratio of 50 : 50. Wife enjoys full ownership of the house. Each can avail income tax rebate in the ratio of -
1.Ownership
2.Borrowing
3.Any one, at the borrower's discretion
4.The respective assessee's income
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
1.Micro finance Institutions
2.Regional Rural Banks
3.Cooperative Banks
4.Commercial Banks
Indexation is a method whose use can be associated with which one of the following?
1.Controlling inflation
2.Nominal GDP estimation
3.Measurement of savings rate
4.Fixing of wage compensation
Market size means -.
1.Size of marketing staff
2.Size of the Organisation
3.Scope for profits
4.Scope for marketing
Marketing in Banks is required for -.
1.Getting new customers
2.Lending
3.Accepting of deposits
4.All of the above
Service Marketing is the same as -.
1.Relationship Marketing
2.Transaction Marketing
3.Internal Marketing
4.All of those
The 14th Finance Commission recommended, among other things, to raise the share of states in the net proceeds of divisible pool of central tax to :
1.32%
2.29.5%
3.45%
4.42%
The prices, at which Government purchases of food grains for maintaining the public distribution system and for building up buffer stocks, are known as -
1.Minimum Support Prices
2.Procurement Prices
3.Issue Prices
4.Ceiling Prices
The Public Financial Management System (PFMS) is a web-based online software application designed, developed, owned and implemented by the -
1.Department of Financial Services
2. Institute of Government Accounts and Finance
3.Controller General of Accounts
4.National Institute of Financial Management
The Steel Scrap Recycling Policy, 2019 has been notified by the - 1)
1.Ministry of Road Transport and National Highways
2.Ministry of Steel
3. Department of Heavy Industries
4.Ministry of MSMEs
The term Operation Twist is related to -
1.Renewable energy
2.Debt Restructuring
3.Currency Crisis
4.Quantitative Easing
The term Seingnorage refers to -
1.Intrinsic value of currency notes less the cost of production 2)
2.Cost of production of currency notes less intrinsic value
3.Domestic currency value less foreign currency value
4.Inflation adjusted currency value
The term Seingnorage refers to -
1.Intrinsic value of currency notes less the cost of production 2)
2.Cost of production of currency notes less intrinsic value
3.Domestic currency value less foreign currency value
4.Inflation adjusted currency value
The term Seingnorage refers to -
1.Intrinsic value of currency notes less the cost of production 2)
2.Cost of production of currency notes less intrinsic value
3.Domestic currency value less foreign currency value
4.Inflation adjusted currency value
The theme of XI BRICS Summit 2019 was -
1.'Economic Growth for an Innovative Future'
2.Growth with Sustainable Future'
3.Development with Equity' 4) '
4.Growth, Equity and Inclusiveness'
The value of the slope of a normal demand curve is -
1.positive
2.negative
3.zero
4.infinity
The WTO was founded in Geneva in which year?
1.1st January, 1994
2.1st January, 1995
3.1st January, 1996
4.1st January, 1993
Trade Adjustment Assistance is a term that is associated with -
1.Industrialisation
2.Globalisation
3.Capital flow
4.Current Account Deficit
What effect will a decrease in demand and an increase in supply have on equilibrium price?
1.Equilibrium price will fall
2.Equilibrium price will rise
3.Equilibrium price will be constant
4.Sometimes price will rise and sometimes it will fall
Which of the following Cooperative Societies of India is responsible for the production of fertilizers?
1.NAFED
2.IFFCO
3.NCDC
4.TRIFED
Which of the following is not the function of Reserve Bank of India (RBI)?
1.Issue of bank notes
2.Banker to Government
3.To open saving bank account for general public 4)
4.Custodian of cash reserves of Commercial Banks
Which one of the following is an example of a price floor?
1.Minimum Support Price (MSP) for Jowar in India
2.Subsidy given to farmers to buy fertilizers
3.Price paid by people to buy goods from ration shops
4.Maximum Retail Price (MRP) printed on the covers/ packets of goods sold in India
Which was the first private sector bank in India?
1.Catholic Syrian Bank
2.City Union Bank
3.Nedungadi Bank
4.Nainital Bank
Who among the following in his book "The Managerial Revolution" argued that a managerial class dominated all industrial societies, both capitalist and communist, by virtue of its technical and scientific knowledge and its administrative skills?
1.ames Burnham
2.Robert Michels
3.Gaetano Mosea
4.Vilfredo Pareto
Who was the chairman of the 15th Finance Commission?
1. N. K. Singh
2.Shashikant Das
3.Ashoka Lavasa
4.Ratan Watal
World Economic Forum introduced the new Global Competitiveness Index 4.0 in 2019. In this Index 4.0 represents -
1.Industry 4.0 (Fourth Industrial Revolution)
2.Service 4.0 (Fourth Services Revolution)
3.Agriculture 4.0 (Fourth Agricultural Revolution
4.IT 4.0 (Fourth generation IT solutions)