Indian Economy - Mock Test 4

Question 31

What is the current rate of service tax in India currently

A) 12.50% B) 13.50% C) 14% D) 14.50%

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Question 32

Which activity is termed as activity of tertiary sector

A) Wheat production B) Mobile production C) Construction of a dam D) Fishing

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Question 33

Which of the following sector does not comes under the service sector in India

A) Real estate B) Transport C) Restaurants & hotels D) Formation of electronic television

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Question 34

TRIFED was developed for the

A) The development of forest covers in the country. B) To save the interests of the Tribal from the exploitation of private traders C) To promote the marketing of all the horticulture products D) None of these

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Question 35

Who recommends the MSP and issue prices

A) Ministry of agriculture B) Planning commission C) NABARD D) Commission for Agricultural Costs and Prices (CACP)

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Question 36

First five plan was based upon which popular economic model

A) Lewis Model B) Mahalanobis Model C) Cobb-Douglas Model D) Harrod-Domar Model

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Question 37

Which among the following is an example for non-institutional credits

A) Regional rural banks B) Nationalised banks C) Moneylenders D) Cooperative banks

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Question 38

Which among the following is an example for institutional credit

A) Moneylenders B) Primary Agricultural Credit Societies C) Traders D) Landlords

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Question 39

India enacted The Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to

A) ILO B) IMF C) UNCTAD D) WTO

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Question 40

Economically, one of the result of the British rule in Indian the 19 th century was the

A) increase in the export of Indian handicrafts B) growth in the number of India owned factories. C) commercialization of Indian agriculture D) rapid increase in the urban population

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