All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the -

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Question:
All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the -

1.Contingency Fund of India

2.Public Account

3.Consolidated Fund of India

4.Deposits and Advances Fund

Posted Date:-2022-01-29 10:09:47

More MCQS Questions and answers

  1. A brownfield expansion broadly refers to -
  2. Consider the following statements regarding Serious Fraud Investigation Office (SFIO) - 1. It is a statutory investigation agency in India. 2. It falls under the jurisdiction of the Ministry of Corporate Affairs. Which of the statements given above is/ are correct?
  3. Deposit Insurance and Credit Guarantee Corporation (DICGC) has been permitted to increase Deposit Insurance Coverage for a depositor, which is now Rs. one lakh to -
  4. Form 16A, a TDS certificate, is not issued to -
  5. If a commodity is provided free to the public by the Government, then -
  6. If a commodity is provided free to the public by the Government, then -
  7. In the context of India, which of the following factors is/ are contributor/ contributors to reducing the risk of a currency crisis ? 1. The foreign currency earnings of India's IT sector. 2. Increasing the government expenditure. 3. Remittances from Indians abroad. Select the correct answer using the code given below :
  8. In the context of India, which of the following factors is/ are contributor/ contributors to reducing the risk of a currency crisis ? 1. The foreign currency earnings of India's IT sector. 2. Increasing the government expenditure. 3. Remittances from Indians abroad. Select the correct answer using the code given below :
  9. In the United State of America, the 144A Market refers to a market for -
  10. International Financial Centre, first of its kind in India, is established in which state?
  11. NABARD was set up with an initial capital of -
  12. NITI Ayog has replaced Planning commission, which for mulates India's Five Year Plan. How is NITI Ayog different from planning commission - 1. NITI Ayog acts as 'Think Tank' of Government of India, providing both directional and policy inputs. 2. NITI Ayog has power to allocate financial resources to states unlike planning commission. Which of the statements given above is/ are correct?
  13. NITI Ayog has replaced Planning commission, which for mulates India's Five Year Plan. How is NITI Ayog different from planning commission - 1. NITI Ayog acts as 'Think Tank' of Government of India, providing both directional and policy inputs. 2. NITI Ayog has power to allocate financial resources to states unlike planning commission. Which of the statements given above is/ are correct?
  14. Receipts in budget can be capital or revenue. Which of these is/ are capital receipts? 1. Loan recoveries 2. Provident funds deposits 3. Grants Select the correct answer using the codes given below :
  15. The 'Honey Mission' initiative of the Government of India aimed at production of healthy honey and wax is being implemented through -
  16. The labour force can be defined as -
  17. The labour force can be defined as -
  18. The labour force can be defined as -
  19. The lowering of Bank Rate by the Reserve Bank of India leads to (2011) -
  20. Triffin Paradox is related to -
  21. Which among the following is the method to estimate the poverty line in India?
  22. Which are the BRIC countries?
  23. Which Ministry of Government of India is related for India's Foreign Trade Policy?
  24. Which Ministry of Government of India is related for India's Foreign Trade Policy?
  25. Which of the following is not a non-cash expenditure for a company?
  26. Which of the following taxes is also known as Google Tax?
  27. Why is the offering of 'teaser loans' by commercial banks a cause of economic concern? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/ are correct?
  28. ........ occurs when people are willing to work, but the people searching for work are not qualified for the job.
  29. A 'closed economy' is an economy in which -
  30. A tax-exempt bond, issued by federally qualified organizations or by municipalities for the development of brownfield sites, is known as -
  31. Agriculture employs upto what per cent of the Indian Population?
  32. All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the -
  33. Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below - I. Nayak Committee II. Abid Hussain Committee III. S.S. Kohli Committee IV. Karve Committee Codes :
  34. Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below - I. Nayak Committee II. Abid Hussain Committee III. S.S. Kohli Committee IV. Karve Committee Codes :
  35. As on October 2019, how many Maharatna Companies are in India?
  36. Consider the following sentences regarding Crypto-currency. 1. Crypto-currency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. 2. Users must reach a consensus about crypto-currency's value and use it as an exchange medium. 3. It is tied to a particular country, its value is controlled by a central bank. Which of the above sentence(s) is/ are incorrect?
  37. Despite being a high saving economy, capital formation may not result in significant increase in output due to -
  38. Foreign Exchange reserves in India are managed by -
  39. In which year was accounting separated from auditing and Comptroller and Auditor General's task only remained confined to auditing the Government Accounts?
  40. Increase is absolute and per capital real GNP does not connote a higher level of economic development, if -
  41. MDR is a free charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments. MDR stands for -
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  43. Name the bank which has deployed Robotic Arms for currency sorting at its chests.
  44. National income can be increased by -
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  46. Operation Twist is related to -
  47. Outcome focused schemes for vocational education and training SANKALP and STRIVE launched by the Government of India, are supported by the -
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  51. The Dependency Ratio in India is declining because -
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  59. Tools for navigating the economy in a constant state of disequilibrium are - I. Change in modeling approaches II. Measurement of new concepts III. Micro data IV. Both stocks and flows Correct code is :
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  63. What is the full form of EPCG?
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