ECONOMY MCQS SET 31

ECONOMY MCQS SET 31

301) Rekhi committee was constituted in 1992 which was associated with
A) Indirect taxes(Exercise and Custom duty)regulations
B) Change in Banking Structure
C) Security Scam
D) None of these
Answer:  Indirect taxes(Exercise and Custom duty)regulations   
302) Who is the ex-officio chairman of 'National Child Labour Abolition Authority'?
A) Prime Minister
B) Industry Minister
C) Social Welfare Minister
D) Labour Minister
Answer:  Labour Minister
   
303) The Finance Commission is constituted under the provision of
A) Article 112
B) Article 280
C) Article 370
D) Article 368
Answer:  Article 280
   
304) Employees State Insurance Scheme in India was introduced in
A) 1947
B) 1952
C) 1955
D) 1972
Answer:  1952   
305) What is included in the New Economic Policy?
A) Globalisation
B) Liberalisation
C) Privatisation
D) All of these
Answer:  All of these
   
306) Which is declared as 13th major port of India on June, 2010?
A) Mundra Port
B) Gangavaram Port
C) Port of Dhamara
D) Port Blair
Answer:  Port Blair
   
307) The goods can be taxed heavily to earn additional revenue if they are
A) Highly elastic
B) Unit elastic
C) Perfectly elastic
D) Inelastic
Answer:  Inelastic
   
308) Scheduled Bank is that bank which is
A) Nationalised
B) Not nationalised
C) Based at foreign country
D) Included in the second schedule of RBI
Answer:  Included in the second schedule of RBI
 
309) For which type of fertilizer India is fully dependent on imports ?
A) Nitrogen Fertilizer
B) Phosphelic Fertilizer
C) Potash Fertilizer
D) None of these
Answer:  Potash Fertilizer
   
310) Which fertilizer is mostly consumed in India?
A) N
B) P
C) K
D) All are used in equal ratio
Answer:  N