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Question Detail
Imperial Bank of India was old name of ?
- State Bank of India
- United Bank of India
- Central Bank of India
- Punjab National Bank
Answer: Option A
1. Sales Tax is
- Direct Tax
- Indirect Tax
- Tax imposed by central government
- Tax imposed by state government
Answer: Option B
Explanation:
Direct Taxes are : Income Tax, Property Tax, Gift Tax etc.
Indirect Taxes are : Sales Tax, Excise Tax, Custom Duty etc.
2. India is largest producer of Sponge Iron in the world ?
- True
- False
Answer: Option A
Explanation:
When ever there is question of True and False, most of times its answer is True, why so? :)
3. "The Future of India" book is written by
- Amritya Sen
- Bimal Jalan
- Abhishek Nayar
- Chetan Bhagat
Answer: Option B
4. Who is known as father of economics ?
- Adam Smith
- Max Muller
- Joy Chaterjee
- Amritya Sen
Answer: Option A
5. Deficit financing implies :
- printing new currency notes
- public revenue in excess of public expenditure
- public expenditure in excess of public revenue
- replacing new currency with worn out currency
Answer: Option C
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