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Free download PDF of CSAT prelims general awareness multiple choice questions(MCQs) and answers on Indian Economy. These general awareness quiz objective questions answers include mcqs on Limited Liability Partnership firm, Service tax etc.
(21)
‘Pradhan Mantri Jan- Dhan Yojana’ has been launched for
[A]
Promoting financial inclusion in the country
[B]
promoting women’s Self- Help Groups in backward areas
[C]
Providing financial help to the marginalized communities
[D]
providing housing loan to poor people at cheaper interest rates
Comment
(22)
Convertibility or rupee implies
[A]
being able to convert rupee notes into gold
[B]
allowing the value of rupee to be fixed by market forces
[C]
developing an international market for currencies in India
[D]
freely permitting the conversion of rupee to other currencies and vice versa
Comment
(23)
Which one of the following is the correct statement? Service tax is a/ an:
[A]
indirect tax levied by the State Government.
[B]
direct tax levied by the State Government.
[C]
indirect tax levied by the Central Government.
[D]
direct tax levied by the Central Government.
Comment
(24)
Economic liberalization in India started with:
[A]
the convertibility of India rupee
[B]
significant reduction in tax rates
[C]
substantial changes in industrial licensing policy
[D]
doing away with procedural formalities for foreign direct investment
Comment
(25)
Agriculture income tax is assigned to the State Government by:
[A]
Inter-State Council
[B]
Finance Commission
[C]
National Development Council
[D]
The Constitution of India
Comment
(26)
Sometime back, the Government of India, decided to de-license ‘white goods’ industry. ‘white goods’ include:
[A]
milk and milk products
[B]
stainless steel and aluminium utensils
[C]
items purchased for conspicuous consumption
[D]
soaps, detergents and other mass consumption goods
Comment
(27)
Which one of the following committees recommended the abolition of reservation of items for small scale sector in industry?
[A]
Abid Hussian Committee
[B]
Narasimham Committee
[C]
Nayak Committee
[D]
Rakesh Mohan Committee
Comment
(28)
Which one of the following is not a feature of Limited Liability Partnership firm?
[A]
Partners should be less than 20
[B]
Partnership and management need not be separate
[C]
It is corporate body with perpetual succession
[D]
Internal governance may be decided by mutual agreement among partners
Comment
(29)
Which one among the following industries is the maximum consumer of water in India?
[A]
Thermal power
[B]
Textiles
[C]
Paper and pulp
[D]
Engineering
Comment
(30)
In the ‘Index of Eight Core Industries’, which one of the following is given the highest weight?
[A]
Coal production
[B]
Steel production
[C]
Electricity generation
[D]
Fertilizer production
Comment
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