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Question Detail
"The Future of India" book is written by
- Amritya Sen
- Bimal Jalan
- Abhishek Nayar
- Chetan Bhagat
Answer: Option B
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. What is term Hot Money used for ?
- black money
- white money
- a money which is hard to come but easy to go
- a money which comes easily and goes easily too
Answer: Option D
3. Which one among the following formulates the fiscal policy in India ?
- Planning Commission
- Finance Commission
- The Reserve Bank of India
- Ministry of Finance
Answer: Option D
4. 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? :)
5. Who has given "Big Push Theory" ?
- R. Rodan
- Jack Hamilton
- Amritya Sen
- Dr. Abhishek Mathur
Answer: Option A
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