141. As per the Union Budget 2005-2006, the senior citizens have not to pay income tax up to an income of
` 1.00 lakh
` 1.50 lakh
` 1.85 lakh
` 2.00 lakh
142. India’s share in the World Trade is
0.75%
2.60%
2.00%
2.50%
143. In the Union Budgets in India, which one of the following is the largest in amount?
Plan Expenditure
Non-Plan Expenditure
Revenue Expenditure
Capital Expenditure
144. The annual growth rate of the Indian Economy at 1999- 2000 prices during 2005-2006 has been estimated between
8 and 9 per cent
7 and 8 per cent
6 and 7 per cent
5 and 6 per cent
145. Which one of the following is not an objective of fiscal policy of the Indian government?
Full employment
Price stability
Regulation of inter-state trade
Equitable distribution of wealth and income
146. Which one of the following committees recommended the abolition of reservation of items for the small scale sector in the industry?
Abid Hussain Committee
Narasimhan Committee
Nayak Committee
Rakesh Mohan Committee
147. In the last one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India?
Chemicals other than fertilisers
Services sector
Food processing
Telecommunication
148. Who formulates the monetary policy in India?
SEBI
RBI
Finance Ministry
Planning Commission
149. Foreign Corporations are governed by the
Special Act of Parliament
Ministry of Foreign Affairs, Government of India
Indian Companies Act, 1956
None of these
150. The Government of India, for the first time, nationalised 14 large Commercial Banks in the year
1956
1959
1969
1971
151. The question of full capital account convertibility of India was examined by the Committee known as
Vaghul Committee
Rangarajan Committee
Tarapore Committee II
Hashim Committee
152. IRDA regulates
Banking Companies
Insurance Companies
Retail Trade
None of the above
153. Which of the following countries is India’s largest trading partner?
U.K.
U.S.A.
Canada
Japan
154. In World Cloth Export, India ranks
first
second
third
fourth
155. Which one of the following four Foreign Banks operating in India has the largest number of branches in the country?
CitiBank
BNP Paribas
Standard Chartered Bank
HSBC
156. Savings ratio in India at present (2006-07) stands at
between 20 and 25 percent of GDP
between 25 and 30 percent of GDP
between 30 and 32 percent of GDP
above 32 percent of GDP
157. Capital Market means
share market
commodity market
money market
All of these
158. Indian Economy has witnessed the highest growth rate in GDP in the year
2003-04
2004-05
2005-06
2006-07
159. In which of the years given below, growth rate of Indian exports was highest?
2002-03
2003-04
2004-05
2005-06
160. During 2004-05, which one of the following had the highest share in India’s exports?
Agriculture and allied products
Ores and minerals
Manufactured goods
Petroleum products
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2250 Total Question
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69 Total Test
2070 Total Question
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