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Question 1
With reference to the new data on exports in India, which of the following statements is/are correct?
1. There is a strong correlation between export performance and states’ standard of living.
2. India’s exports are unusual in that the largest firms account for a much smaller share.
Select the correct statement(s) using the code given below:
1. There is a strong correlation between export performance and states’ standard of living.
2. India’s exports are unusual in that the largest firms account for a much smaller share.
Select the correct statement(s) using the code given below:
Question 2
With reference to the latest data on export concentration in India, which of the following statements is/are correct?
1. India’s firm export structure is substantially more egalitarian than in other large countries.
2. Export concentration at firm-level has positive spillover effects.
Select the correct statement(s) using the code given below:
1. India’s firm export structure is substantially more egalitarian than in other large countries.
2. Export concentration at firm-level has positive spillover effects.
Select the correct statement(s) using the code given below:
Question 3
With reference to social security in India, which of the following statements is/are incorrect?
1. ESIC contribution is mandatory for industries employing greater than 10 workers.
2. EPFO contribution is mandatory for firms employing greater than 10 workers.
Select the answer using the code given below:
1. ESIC contribution is mandatory for industries employing greater than 10 workers.
2. EPFO contribution is mandatory for firms employing greater than 10 workers.
Select the answer using the code given below:
Question 4
With reference to savings and investments in India, which of the following statements is/are correct?
1. As a percentage of GDP, Public sector invests more than the private sector.
2. As a percentage of GDP, Private sector saves more than the public sector.
Select the correct statement(s) using the code given below:
1. As a percentage of GDP, Public sector invests more than the private sector.
2. As a percentage of GDP, Private sector saves more than the public sector.
Select the correct statement(s) using the code given below:
Question 5
With reference to India’s recent slowdown in investment, which of the following statements is/are correct?
1. It is primarily due to stressed financial condition of private sector banks and Corporates.
2. Corporates are stressed because their past investments have not generated adequate returns to service the debt.
Select the correct statement(s) using the code given below:
1. It is primarily due to stressed financial condition of private sector banks and Corporates.
2. Corporates are stressed because their past investments have not generated adequate returns to service the debt.
Select the correct statement(s) using the code given below:
Question 6
Which of the following would help in reviving investment in India?
1. Recapitalization of public sector banks
2. Clear, transparent and stable tax regime
Select the correct statement(s) using the code given below:
1. Recapitalization of public sector banks
2. Clear, transparent and stable tax regime
Select the correct statement(s) using the code given below:
Question 7
With reference to taxation, which of the following statements is/are correct?
1. Taxation is like economic glue which binds citizens to state in a two way relationship.
2. Indirect taxes hurt more as they reduce disposable income and the taxpayer has no choice.
Select the correct statement(s) using the code given below:
1. Taxation is like economic glue which binds citizens to state in a two way relationship.
2. Indirect taxes hurt more as they reduce disposable income and the taxpayer has no choice.
Select the correct statement(s) using the code given below:
Question 8
With reference to direct taxes, which of the following statements is/are correct?
1. Advanced economies collect a substantially lower proportion of their taxes as direct taxes than do emerging markets.
2. India, an emerging market, collects about 60% of its tax as direct tax and the rest is indirect tax.
Select the correct statement(s) using the code given below:
1. Advanced economies collect a substantially lower proportion of their taxes as direct taxes than do emerging markets.
2. India, an emerging market, collects about 60% of its tax as direct tax and the rest is indirect tax.
Select the correct statement(s) using the code given below:
Question 9
With reference to fiscal decentralization in India, which of the following statements is/are correct?
1. Panchayats are much better in terms of own revenue generation than Municipalities.
2. The permissible taxes for Panchayats include property and entertainment taxes.
Select the correct statement(s) using the code given below:
1. Panchayats are much better in terms of own revenue generation than Municipalities.
2. The permissible taxes for Panchayats include property and entertainment taxes.
Select the correct statement(s) using the code given below:
Question 10
With reference to fiscal decentralization in India, which of the following statements is/are correct?
1. Property taxes are the principal sources of direct tax revenue at the third tier of government.
2. The third tier derives the power to tax properties from the respective State Panchayati Raj Act.
Select the correct statement(s) using the code given below:
1. Property taxes are the principal sources of direct tax revenue at the third tier of government.
2. The third tier derives the power to tax properties from the respective State Panchayati Raj Act.
Select the correct statement(s) using the code given below:
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Apr 28Other State PSC
