Q. Which of the following industries is not a service sector industry?
1) Petroleum refining
2) Insurance
3) Banking
4) Education
Q. Poverty estimation in India is carried out by -
1) National Statistical Commission
2) National Poverty Commission
3) National Planning Commission
4) NITI Aayog's Task Force
Q. Which of the following curves represents the relationship between tax rates and government revenue?
1) Laffer curve
2) Philips curve
3) Griffith curve
4) Lorenz curve
Q. In which year had India's ratio of public debt to GDP gone up to a record 84.2%?
1) 1991
2) 1999
3) 2003
4) 2001
Q. Who among the following is the Chairperson of the Goods and Services Tax Council?
1) The Prime Minister of India
2) The Union Finance Minister
3) The Speaker of the Lok Sabha
4) The President of India
Q. The first Indian Governor of the RBI was -
1) L. K. Jha
2) C. D. Deshmukh
3) I. G. Patel
4) None of these
Q. The value of the investment multiplier relates to -
1) change in income due to a change in autonomous investment.
2) change in autonomous investment due to changes in income.
3) change in income due to changes in consumption.
4) change in income due to a change in induced investment.
Q. The theory of "Maximum Social Advantage" in Public Finance was Given by -
1) Robbins
2) Musgrave
3) Findley
4) Dalten
Q. Which organization carries out the survey for determining the poverty line?
1) NSSO
2) NITI Aayog
3) RBI
4) None of the above
Q. In which budget did the Finance Minister announce the Liberalized Exchange Rate Management System?
1) Union Budget, 1991-92
2) Union Budget, 1992-93
3) Union Budget, 1993-94
4) None of the above
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