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WBSC 2020: Economy Quiz

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Question 1

Which of the following means may be used for deficit financing:
1) External aid
2) External borrowings
3) Reducing bank rate
Select the correct answer using the code given below:

Question 2

With regard to ‘Most Favoured Nation’, consider the following statements:
1) The term ‘Most Favoured Nation’ is used in reference to the World Trade Organisation (WTO).
2) ‘Most Favoured Nation’ status is discriminatory as it grants special status to one country against the other.
Select the correct answer using the code given below:

Question 3

Initially, how much amount the World Bank has approved for 'Atal Bhujal Yojana', an ambitious scheme of India?

Question 4

Which of the following organization has launched the first Masala Bond?

Question 5

When was the Border Roads Development Organization (BRO) set up?

Question 6

Which of the following statement is correct regarding Anti-Dumping Duties?

Question 7

Which of the following is wrongly matched about steel plants and country of collaboration/assistance?

Question 8

Cabinet Committee on Economic Affairs has given its approval for “Green Revolution - Krishonnati Yojana” in agriculture sector beyond 12th Five Year Plan for the period from –

Question 9

Who has been appointed as the as Convenor of the Task Force of Central Board of Direct Taxes (CBDT) that is drafting New Direct Tax Legislation (Law)?

Question 10

Which of the following is a major source of gross tax revenue(GTR) for the government of India?

Question 11

If foreign exchange reserve increases then what will be its impact on Current Account Deficit (CAD)?

Question 12

According to 14th Finance Comission recommendation, what percentage of Union Tax revenue is shared or transferred to the state by central government?

Question 13

Which of the following curve represents distribution of income or wealth among the given population?

Question 14

Union Government launched Pradhan Mantri Krishi Samman Nidhi recently. What is the main objective of the scheme?

Question 15

Under which article the provision of ‘vote on Account’ is mentioned?

Question 16

Which of the following co-indicator is not a part of Human Development Index?

Question 17

‘Pratyaksha Hastantarit Labh’ (PAHAL) scheme comes under which ministry?

Question 18

Recently RBI formed an expert committee to study the problem faced by MSME. It is headed by whom?

Question 19

Which of the following can’t be included in calculation of GDP for India?

Question 20

The Geographical Indication tag is registered for the initial period of how many years?
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