100457. Which one of the following is not a recommendation of fourteenth finance commission?
(A): Area under forest cover is an important variable in distribution of states share among states (B): Fiscal discipline is dropped as a variable in distribution of states share among states (C): Sector specific grants is recommended as in previous finance commissions (D): Share of states in central divisible pool is increased from 32 percent to 42 percent
100458. Which one of the following statements about the Companies Act 2013 is not correct?
(A): It enables wide application of Information Technology (B): It provides for Corporate Social Responsibility (C): It provides more opportunities for new entreprenuers (D): The Act regulates the corporate sector to make it accountable
100459. Which of the following factors led to the decline in inflation rate in India during 2014-15? 1.Persistent decline in crude oil prices 2.Softness in global prices of tradables such as edible oils and coals 3.Tight monetary policy pursued by the Reserve Bank of India Select the correct answer using the codes below
(A): 1 and 2 only (B): 1 only (C): 1,2 and 3 (D): 2 and 3 only
100460. In view of the fact that kerosene is an inferior good in India,what are its implications? 1.As households get richer,they consume less kerosene 2.Over time there is decline in quality of kerosene 3.Government needs to stop subsidies on kerosene Select the correct answer using the codes given below
(A): 1 and 2 only (B): 1 only (C): 1, 2 and 3 (D): 2 and 3 only
(A): A commodity produced by the Government (B): A commodity whose benefits are indivisibly spread among the entire community (C): A government scheme that benefits entire household (D): Any commodity that is very popular among general public
(A): A situation where same product is sold to different consumers for different prices (B): General decrease in price of a commodity over time (C): Increase in price of a commodity over time (D): Subsidization of a product by the Government to sell it at a lower price
100465. Which one of the following is not a component of 'realist theory'
(A): Primary objective of all states is survival (B): State sovereignity is important for the affirmation of juridicial authority over territory (C): Survival can be assured in cooperation with international organizations (D): The State is a preeminent factor
100467. Which one of the following represents a progressive tax structure?
(A): Each household pays equal amount of tax (B): Tax rate decreases as income increases (C): Tax rate increases as income increases (D): Tax rate is the same across all incomes
100468. Which of the following statements in the context of income-environment relationship is correct? 1.pollution trends tend to follow an inverse U shaped relationship across different stages of economic development 2.In the beginning stage,pollution increases due to urbanization and industrialization 3.In the later stage,pollution declines due to structural changes in the service sector Select the correct answer using the codes below
(A): 1 and 2 only (B): 1 only (C): 1,2 and 3 (D): 2 and 3 only
100469. Which one of the following is not an example of externalities?
(A): Heath hazard caused to the person caused by smoking himself/herself (B): Increase in land price of adjacent plots due to construction of roads by government (C): Pollution of air by a cement factory
100471. Private investment in Indian agriculture is mostly on labour saving mechanization.This could be a response to
(A): debt write-off by the government (B): rising inequality in agriculture (C): rising productivity of agricultural sector (D): rising wages and tighter labour market
100472. Which one of the following is not correct in the context of industrial clusters development of India?
(A): Industrial cluster programmes in India are administered by various ministries (B): Industrial clusters are visible in traditional handicrafts,handloom and modern SME (C): Industrial clusters lead to promotion of monopoly in market (D): Industrial clusters play an important role for MSME participants in their inclusiveness,technology absorption and efficiency improvement
(A): allowing the value of rupee to be fixed by market forces (B): being able to convert rupee notes into gold (C): developing an international market for currencies in India (D): freely permitting the conversion of rupee to other currencies and vice versa
100477. There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?1. Reducing revenue expenditure2. Introducing new welfare schemes3. Rationalizing subsidies4. Expanding industriesSelect the correct answer using the code given below.
(A): 1 and 3 only (B): 1, 2, 3 and 4 (C): 2 and 3 only (D): I only
100480. With reference to inflation in India, which of the following statements is correct?
(A): Controlling the inflation in India is the responsibility of the Government of India only (B): Decreased money circulation helps in controlling the inflation (C): Increased money circulation helps in controlling the inflation (D): The Reserve Bank of India has no role in controlling the inflation
100482. With reference to Indian economy,consider the following statements :1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade.Which of the statements given aboveis/arc correct?
(A): 2 only (B): Both 1 and 2 (C): I only (D): Neither I nor 2
100483. When the Reserve Rank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?
(A): Foreign Institutional Investors may bring more capital into our country (B): India’s GDP growth rate increases drastically (C): It may drastically reduce the liquidity to the banking system (D): Scheduled Commercial Banks may cut their lending rates
100486. A decrease in tax to GDP ratio of a country indicates which of the following?1. Slowing economic growth rate2. Less equitable distribution of national income
(A): 2 only (B): Both 1 and 2 (C): I only (D): Neither I nor 2
100487. With reference to the Fourteenth Finance Commission, which of the following statements is/are correct? 1.It has increased the share of States in the central divisible pool from 32 percent to 42 percent. 2.It has made recommendations concerning sector-specific grants.
(A): 2 only (B): Both 1 and 2 (C): I only (D): Neither 1 nor 2
100488. 'Pradhan Mantri Jan-Dhan Yojana' has been launched for
(A): promoting financial inclusion in the country (B): providing financial help to the marginalized communities (C): providing housing loan to poor people at cheaper interest rates