Indian Economy: Important Questions & Answers
1. In recent years, how have the capital outlays for the defence service?
2. Which tax is not levied by the Union Government?
3. Which organizations agency is involved in drafting the Union Budget of India?
- Administrative Ministries only
4. Which agency has the power to declare any industrial unit as a potentially sick unit?
5. What is the mean of Invisible Export?
6. Consequent upon the recommendations of the Working Group on Rural Banks, in which year were 5 Rural Regional Banks initially set up?
7. Through which methods is the national income of India estimated mainly?
- Production and income methods
8. From when was the Zero Base Budgeting in India first experimented?
9. On which do Companies pay Corporation Tax?
10. Why is the Gross National Income always more than Net National Income?
11. Which is at the apex of Industrial Finance in India?
- Industrial Development Bank of India
12.Which bank gives long term loan to farmers?
13. During whose viceroyalty was the system of Budget introduced in India?
14. Who is the chairman of 13th Finance Commission?
15.Main’ bearers of the burden of indirect tax are?
16.CENVAT is associated with which rate?
17.What does National income ignore?
18. How is Indian economy ?
19. Upon which development the Second Five Year Plan laid mote stress?
20.Which is the amount of insurance cover provided to the workers of the unorganized sector under Rashtriya Swasthya Bima Yojana ?
21.Which sector of Indian Economy has shown remarkable expansion during the last decade?
22.Hindu Rate of growth refers to the rate of growth of which sector?
23.In India, Hindu Rate of Growth is associated with which income?
24.What is the base year for computation of National Income in India?
25.As the economy develops, what happens in the share of the tertiary sector in the GDP?