Practice Questions on Indian-Economy
General Knowledge

Section-1: Indian-Economy Question - 1

Q1.

The bulk of the Central Government’s subsidies arise on the provision of economic services, which account for :

A.

45% of the total subsidies

B.

52% of the total subsidies

C.

70% of the total subsidies

D.

88% of the total subsidies

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Section-1: Indian-Economy Question - 2

Q2.

In 1920, with the Indian railway network having expanded to 61,220 km  a need for central management was mooted by :

A.

Sir William Acworth

B.

Lord Curzon

C.

Robert Maitland Brereton

D.

Langley Churley

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Section-1: Indian-Economy Question - 3

Q3.

General sales tax is a form of:

A.

Stamp duty

B.

Consumption tax

C.

Corporate tax

D.

Estate duty

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Section-1: Indian-Economy Question - 4

Q4.

When was the Industrial Finance Corporation of India established?

A.

June 8, 1940

B.

June 1, 1948

C.

July 10, 1940

D.

July 1, 1948

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Section-1: Indian-Economy Question - 5

Q5.

SME Rating Agency of India was founded by:

A.

Industrial Credit and Investment Corporation of India

B.

Reserve Bank of India

C.

Small Industries Development Bank of India

D.

Industrial Finance Corporation of India

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