ECONOMY MCQS SET 69
681) Birth rate measures the number of births during a year perA) 100 of population
B) 1000 of population
C) million of population
D) none of these
Answer: 1000 of population
682) The Planning Commission of India is a/an
A) statutory body
B) advisory body
C) constitutional body
D) independent and autonomous body
Answer: advisory body
683) Which of the following is not a central government tax?
A) Income tax
B) Customs
C) Land revenue
D) Corporation tax
Answer: Land revenue
684) Discomfort index is a/an
A) combination of longevity and literacy
B) composite of standard of living and health indices
C) index of cost of living
D) composite of annual inflation and unemployment rate
Answer: composite of annual inflation and unemployment rate
685) Which institution is called soft loan window ?
A) IFC
B) IDA
C) IMF
D) Indian Development Forum
Answer: IDA
686) Income Tax in India was introduced by
A) Sir Charles Wood
B) Lord Macale
C) James Wilson
D) William Jones
Answer: James Wilson
687) Corporate Tax is imposed by
A) State Government
B) Local Government
C) Central Government
D) Both (a) and (b)
Answer: Central Government
688) Mixed Economy means
A) co-existence of small and large industries
B) promoting both agriculture and industries in the economy
C) co-existence of public and private sectors
D) co-existence of rich and poor
Answer: co-existence of public and private sectors
689) RBI was nationalised in
A) 1959
B) 1947
C) 1945
D) 1949
Answer: 1949
690) India has
A) Socialistic economy
B) Gandhian economy
C) Mixed economy
D) Free economy
Answer: Mixed economy
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