Indian Economy MCQ Practice Set Questions Answers – Series 6
1)Which one of the following companies has started a rural marketing network called ‘e-chaupals’?
a) ITC
b) Dabur
c) Proctor and Gamble
d) Hindustan Lever
2) ‘Eco Mark’ is given to the Indian products that are
a) pure and unadulterated
b) rich in proteins
c) environment friendly
d) economically viable
3) Word Bull and Big are associated with which branch of commercial activity?
(a) Foreign Trade
(b) Banking
(c) Share Market
(d) Manufacturing
4) Among the following, which one is not a credit rating agency operating in India?
(a) CRISIL
(b) ICRA
(c) Dow Jones
(d) CARE
5) NABARD was established on the recommendation of which of the following?
a) public Account Committee
b) Shivaraman Committee
c) Narsimham Committee
d) Tendulkar Committee
6) Which of the following is not a part of machinery that settles industrial disputes?
a) Concialiation Officers
b) Board of Concialiation
c) Wage Courts
d) Works Committee
7) A tax Which is paid by the person on whom the tax is incident is called a :
(a) local tax
(b) indirect tax
(c) direct tax
(d) rate
8) Consider the following statements:
In India, stamp duties on financial transactions are:
1. levied and collected by the State Government
2. appropriated by the Union Government
Which of the statements is/are correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
9) What is the main source of revenue to meet different expenditures?
(a) Excise duties
(b) Customs duties
(c) Internal borrowings
(d) Income tax
10) Which industry in India was worst affected because of the partition?
(a) Paper and Iron
(b) Jute and Cotton
(c) Cotton and Sugar
(d) Engineering and Cement