Question 11 : Non Tax revenues can be increased by improving the working of the
1. State Road Transport Corporations
2. electricity boards
3. commercial irrigation projects
4. All of the above
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Question 12 : Devaluation of a currency means
1. reduction in the value of a currency vis-a-vis major internationally traded currencies
2. permitting the currency to seek its worth in the international market
3. fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies
4. fixing the value of currency in multilateral consultation with the IMF[comma] the World Bank and major trading partners
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Question 13 : The condition of indirect taxes in the country's revenue is approximately
1. 70 percent
2. 75 percent
3. 80 percent
4. 86 percent
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Question 14 : One of the reasons for India's occupational structure remaining more or less the same over the years has been that
1. investment pattern has been directed towards capital intensive industries
2. productivity in agriculture has been high enough to induce people to stay with agriculture
3. ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture
4. people are largely unaware of the significance of transition from agriculture to industry for economic development
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Question 15 : Devaluation of currency leads to
1. fall in domestic prices
2. increase in domestic prices
3. no impact on domestic prices
4. erratic fluctuations in domestic prices
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Question 16 : Fiscal deficit in the Union Budget means
1. the difference between current expenditure and current revenue
2. net increase in Union Governments borrowings from the Reserve Bank of India
3. the sum of budgetary deficit and net increase in internal and external borrowings
4. the sum of monetized deficit and budgetary deficit
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Question 17 : Revenue of the state governments are raised from the following sources, except
1. entertainment tax
2. expenditure tax
3. agricultural income tax
4. land revenue
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Question 18 : ICICI is the name of a
1. chemical industry
2. bureau
3. corporation
4. financial institution
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Question 19 : Which of the following is not an undertaking under the administrative control of Ministry of Railways?
1. Container Corporation of India Limited
2. Konkan Railway Corporation Limited
3. Indian Railways Construction Company Limited
4. Diesel Locomotive Works[comma] Varanasi
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Question 20 : In India, the first bank of limited liability manages by Indians and founded in 1881 was
1. Hindustan Commercial Bank
2. Oudh Commercial Bank
3. Punjab National Bank
4. Punjab and Sind Bank
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