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...........Introtext overview:...........

Maharashtra Public Service Commission(MPSC)

Sales Tax Inspector Main Examination-2014- Paper-2- G.K. and I.T.

Time : 1 hour                                                               Total Mark : 100

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  1. Consider the following statements :
    a. 25 January is celebrated as a National Tourism Day.
    b. 25 January is celebrated as a National Voters' Day.
    Which of the statements given above is/are correct ?
     (1) only a                           (2) only b
     (3) aandb                           (4) None of the above

  2. India's Mars Orbiter Mission has an objective of detecting which gas on the surface of Mars ?
      (1) Ethane                         (2) Methane
      (3) Oxygen                        (4) Carbon-dioxide

  3. Arrange in appropriate order (Chief Justices of India) :
    a. P. Sathasivam                 b. K.G. Balluishnan
    c. S.H. Kapadia                   d. Altamas Kabir
    (1)b,d,c,a                          (2) d,b,c,a
    (3)c,b,d,a                          (4) b,c,d,a

  4. Election Commission of India has announced -------- and -------as the
    'National Icons' to help promote voter participat~oni n India.
    (1) Sachin Tendulkar and Rahul Dravid            (2) Sania Mirza and Saina Nehwal
    (3) Saina Nehwal and P. Sindhu                      (4) Mary Kom and Saina Nehwal

  5. Which of the following two statements is correct ?
    a. Dr. Atmaram Tarkhadkar's daughter, Aanapurna was the first lady from
    Maharashtra to go for foreign education.
    b. Dr. Rakhmabai was the first woman to go .;o USA for a medical degree
    (1) Only a is correct                                   (2) Only b is correct
    (3) Neither a nor b is correct                       (4) Both a and b are correct

  6. Consider the following statements :
    a. India is believed to have 1652 mother tour~geso f which 33 are spoken by people numbering over a lakh.
    b. In 2003, four languages were added to the sth schedule of the Constitution by
    the 92nd amendment ?
    Which of the statements given above islare correct ?
     (1) only a                                      (2) only b
     (3) a and b                                    (4) None of the above

  7. Which of the following two statements is correct ?
    a. From North to South the major westward flowing rivers of Maharashtra are
    Dhamanganga, Ulhas, Vaitarna, Vashisthi, Savitri and Karli.
    b. Bhatsa and Kalu are the important tributaries of Ulhas river.
     (1) Only a is correct                          (2) Only b is correct
     (3) Both a and b are correct               (4) Neither a nor b is correct

  8. To which country does the winner of the 2013 Nobel Prize for Literature Ms. Alice
    Munro belong ?
     (1) Canada                                       (2) Australia
     (3) America                                       (4) England

  9. Britain's First Woman Prime Minister Ms. Margaret Thatcher belonged to which
    political party ?
     (1) Conservative Party                          (2) Liberal Democratic Party
     (3) Labour Party                                  (4) Republican Party

  10. In which countries is it compulsory for citizens between the age of 18 to 70 years to vote ?
    a. Argentina b. Peru
    c. Brazil d. Canada
     (1) only a, b, d                                   (2) only a, c, d
     (3) only b, c, d                                   (4) only a, b, c

  11. How many times shall the keys of a computer have to be pressed in order to write first 200 counting numbers once i.e. 1,2,3 to 200 ?
     (1)491                                               (2)492
     (3)493                                               (4)494

  12. Which alphabet will replace the question mark ?
  1. Inline image 1

 

 

 

 

 

 

 

 

 

       14. Which number does not belong to the group ?

    (1) 73                               (2) 83

    (3) 38                               (4) 46

15.  If 56 + 7 = 8; 17 x 5 = 22; 19 + 7 = 12 and 9 - 6 = 54, then what will be the value of 121+11x(891+11)+9-3? 

    (1) 2783                            (2) 2785

    (3) 139                              (4) 137

16. There is a letter group series with one tern. missing as shown by (?). This term is given as one of the alternatives. Find this term.

AGMSY; CIOUA; EKQWC; (?I; IOUAG; KQWCI

     (1) GMSYE                          (2) FLRXD

     (3) GLMXE                          (4) GMSEY

17.  Which of the following two statements is correct ?

a. Laxmi, Savitri, Varanashi are the varieties rice grown in Maharashtra.
b. Ratna, Raibhog, Kalimucha are the varieties of cotton grown in Maharashtra.
   (1) Only a is correct                         (2) Only b is correct

   (3) Both a and b are correct              (4) Neither a nor b is correct

18. A clock proceeds 5 seconds ahead every hour. If the clock is set correctly on Monday morning at 9:00 am, then what time will the watch display on the immediate coming Saturday at 9:00 am ?

(1) 9 Hr. 10 min.
(3) 8 Hr. 8 min.
(2) 10 Hr. 12 min.
(4) 9 Hr. 7 min.

19. Study the system.

7D5#ABl%K#4EJF3*2HI@L6QUOSMT8W

On the basis of position in the above system, the four out of following five are the
same in some way and one is different. Find the different one.
  a. K41                  b. *HF c. #B5
  d. M80                  e. LQI

  (1)     e                 (2)   d

  (3)    c                   (4)   b

20.  There are five groups of letters. One of these groups is different from the rest in some way. Find the one which is different.

a. LSNVE                 b. BOQUR                       c. QBEFK
d. HNLIV                 e. FWGHZ
(1)     b              (2)     c

(3)     d              (4)     e

21.  What percentage of area is covered by east flowing rivers in Maharashtra ?

(1) 65%            (2) 69%             (3) 75%                   (4) 81%

22. Which of the following rivers originating from Brahmagiri mountain flows 1450 km towards east and joins the Bay of Bengal ?

(1) Tapi            (2) Narmada         (3) Knshna            (4) None of the above

23. Match the following :

    Hills                               District
A. Galna                           I. Gontlia
B. Darkesa                       11. Nagpur
C. Chiroli                         111. Dhule
D. Garmasur                    IV. Gad8:hiroli
          A            B          C           D
(1)      I           I11        I1          IV
(2)    I11           I          IV          I1
(3)    11           IV         I11          I
(4)    IV           I1           I          I11

24. In the following diagram maps of four districts in Maharashtra are shown. Which of the following sequences from leR to right is correct ?

Inline image 1

(1) Yavatmal, Thane, Pune, Ahmadnagar
(2) Thane, Pune, Yavatmal, Ahmadnagar
(3) Ahmadnagar, Pune, Yavatmal, Thane
(4) Thane, Ahmadnagar, Yavatmal, Pune

25.   In which of the following districts of Maharashtra Dolomite is found ?

(1) Amravati - Akola                     (2) Yavatmal - Ratnagiri
(3) Bhandara - Jalgaon                 (4) Nagpur - Nanded

26.  Which of the following newspapers is not assaciated with Govind Vitthal Kunte ?

(1) Prabhakar                             (2) Jnanoday
(3) Dhumketu                             (4) Jnanadarshan

27.  V.R. Shinde decided to work for the upliftmelit of the untouchables after attendmg a meeting of the untouchables at -------:n ---------

(1) Bhingar, Ahmadnagar
(2) Wadala, Mumbai
(3) Panhala, Kolhapur
(4) Chembur, Mumbai

28.  The event of 1857 was not a war of Independence" said

(1) N.R. Phatak                           (2) K.M. Panikkar
(3) Dr. Tarachand                        (4) Jawaharlal Nehru

29. _________ University honoured Shahu Maharaj by conferring on him Life Membership and the honorary degree of Doctor of Laws for his work in the field of Agriculture and Education.

(1) Columbia                               (2) Cambridge
(3) Mumbai                                 (4) Pune

30.  Who from amongst the following did not belong to the underground movement in Maharashtra ?

a. S.M. Joshi                           b. N.G. Gore
c. Shirubhau Limaye                d. N.M. Lokhande
(1) aandc                             (2) bandd
(3) onlv c                             (4) onlv d

31.  The messages of goodwill of which countries were read by Chairman at the Inaugural session of the Constituent Assembly ?

a. United States of America
b. USSR
c. Republic of China
d. Government of Australia
(1) a, b, d                      (2) a, c, d
(3) a, b, c                       (4) b, c, d

32. Consider the following statements :

a. Under the chairmanship of R.S. Sarkaria, a Commission was appointed by the central government for center-state re1:ltions in 1983.
b. In 2007 central government appointed a Commission under the chairmanship of Justice Madan Mohan Panchi to review the center-state relations.
Which of the statements given above islare correct ?
(1) only a                            (2) only b
(3) a and b                          (4) None of the above

33. Match the pairs (The Directive Principles) :

              'A'                                          'B'
A. Village Panchayat                         I. Article 41
B. Uniform Civil Code                       11. Article 44
C. Right to Work                             111. Article 48
D. Prohibition of Slaughter of Cows    IV. Article 40
      A           B          C            D
(1) IV          I1        I11           I
(2) IV          I          I1           I11
(3) IV         I1           I           111
(4) I          11         I11           IV

34.  Select appropriate order :

a. To protect sovereignty of India b. To safeguard public property
c. To protect natural environment d. To respect the constitution
(1) a, d, c, b                            (2) d, a, c, b
(3)d,b,a,c                                (4)d,a,b,c

35.  Match the pairs (Committees of Constituent Assembly and its Chairman) :

               'A'                                                 'B'
A. Union Powers Committee                       I. J.B. Kripalani
B. Finance and Staff Committee                 11. H.C. Mukhe jee
C. M~noritiesS ub-committee                     III. Rajendra Prasad
D Fundamental Rights Sub-committee         IV Jawaharlal Nehru
         A              B            C            D
(1)     I             IV            I1          I11
(2)     I             II            III           IV
(3)    IV           I11            II            I
(4)    IV            I1           111           I

36.  The power of issuing writs for enforcement o:l the Fundamental Rights is given by the Constitution to the

(1) Supreme Court under Article 32 only
(2) High Court under Article 226 only
(9) Both Supreme Court under Article 32 and High Courts under Article 226
(4) Any court or tribunal

37.  Which of the following was the object of India to accept the federal system ?

(1) Separation of Powers
(2) Partyless Democracy
(3) Independence of Judiciary
(4) Democratic decentralization

38.  The Constitution adopts the following means to maintain administrative and legislative unity :

a. A Single Judiciary
b. Uniformity in fundamental laws, civil and criminal
c. Common all India services
(1) a,c                                           (2) a, b
(3) b,c                                           (4) All of the above

39.  The system of appointing a Governor by the F'resident in India has been adopted from which country ?

(1) Canada
(2) Australia
(3) U.S.A.
(4) None of the above

40.  Which of the following statements with regard to the parliamentary system in India are correct ?

a. The President is an integral part of the prrliament.
b. He appoints the Prime Minister and on his advice the other Ministers.
c. The Ministers hold office during the pleasure of the President.
d. The Council of Ministers is individually responsible to the President.
(1) a,b,c                               (2) b, c, d
(3) a, c, d                             (4) a, b, d

41.  The Right to Information Act, 2005 is andlor confers . (select one)

(1) Fundamental Rights
(2) Common Law Rights
(3) Statutory Rights Pure and Simple
(4) The Act to protect Right to Privacy

42.  The National H.R. Commission Vs. State of Arunachal Pradesh (1964), case, also known as "chakma case", deals with . (select one)

(1) Rights of Religious Groups
(2) Rights of Indian Citizens
(3) Rights of Non-Citizens
(4) Rights of Prisoners

43.  The SC interpreted the Right to Information and held that it is enshrined in the Constitution under . (select one)

(1) Article 19
(2) Article 19(2)
(3) Article 19(l)(a)
(4.) Article 19(l)(g)

44.  "The Right to Information and Community Participation for protection of Icnvironmental and Human Health is also a Right which flows from Art. 21 of the Constitution." In which one of the following cases the SC has held the afore-said principle ?

(1) S.P. Gupta Vs. U.O.I., AIR 1982 SC 149.
(2) Research Foundation for Science, Technology and Natural Resource Policy Vs. U.O.I., JT 2007 (11) SC 49.
(3) People's Union of Civil Libertics (PUCL) Vs. U.O.I. AIR 2003 SC 2363.
(4) U.O.I. Vs. Association of Democratic Reforms, AIR 2002 SC 2112.

 45.  For the first time, the SC interpreted and highlighted the meaning of Right to Information in the case of . (select one)

(1) People's union of Civil Liberties and Om. vs.U.O.I.
(2) Sump Singh Naik Vs. Govt. of Maharashtra, 2007
(3) Dr. Arvind Kumar Sharma Vs. Chief Vigilance Commission, U.O.I. and Ors.
(4) Vaishali Kacchavah Vs. Dwarka Prasad Jaiswal, AIR, 2006, M.P.

46.  A word in a webpage that, when clicked opens another document. That word is called as

(1) Reference
(3) URL
(2) Anchor
(4) Hyperlink

47.  Which command is used to check the network connectivity with computer ?

(1) Connect                             (2) Check-connection
(3) Ping                                  (4) Pick-up

48.  www.mpscon1ine.gov.in is an example of

(1) Internet                             (2) Webpage
(3) URL                                   (4) HTML

49.  'Data Communication Rate' is measured in

(1) Decibels                            (2) Hertz
(3) Micron                               (4) Bits per second

50.  Which option is true about computer-virus ?

a. Virus can infect only Microsoft Window System.
b. Virus can modify "hidden" or "read only" file.
c.. Virus spreads only on disk or e-mail.
d. Virus cannot infect Hardware.
(1) aandb                               (2) b and c
(3) b and d                             (4) a and d

51.  Example of Wearable Computer is

(1) Laptop
(2) Google-Glass
(3) Smart phone
(4) All the above options

52.  Find the odd-man out :

(1) Bitmap
(3) GIF
(2) JPEG
(4) DOC

53.  An Offline Device means

(1) a device which is not connected to CPU
(2) a device which is connected to CPU
(3) a direct access storage device
(4) an Input-Output device

 54.  The Government of India's Information and C~mmunicationT echnology (ICT) Dept. has started number of projects out of which one project is eDhanwanthari. This project comes under which application area of lTC ?

(1) Healthcare
(2) Education
(3) Livelihood enhancement
(4) Empowerment of the differently abled

55. ________refers to sending e-mail to thousands and thousands of users.

(1) e-mail spamming                         (2) e-mail bombing
(3) Trojan Attack                               (4) None of the above

56.  Which of the following statements is incorrect ?

(1) A countrywide Economic Census for the first time was conducted in 1977.
(2) It was an attempt to collect information from unorganised establishments.
(3) The basic information relating to the distribution of agricultural establishments including the ownership is collected in such a census.
(4) The second, third and fifth Economic Census were conducted in 1980,1990 and 2005.

57.  For which Five Year Plan of India Prof. Mahalnobis Model was adopted ?

(1) 1 Five Year Plan                            (2) 2nd Five Year Plan
(3) 4 Five Year Plan                            (4) 5th Five Year Plan

58.  Which of the following factors was responsible for a break in economic planning between 1966 to 1969, in India ?

(1) Sino-Indian war                            (2) Indo-Pakistan conflict
(3) Economic depression                     (4) Political instability

59.  Which one of the following factors cannot be considered as the long-term objective of economic planning ?

(1) Self-reliance                                  (2) Removal of unemployment
(3) Control of inflation                         (4) Economic growth

60.  According to the Planning Commission the focus of Ninth Five Year Plan was described as

(1) Growth with social justice and equality
(2) Growth with social justice and equity
(3) Growth with social justice and employment
(4) Growth with social justice and economic equality

61.  74,th Constitutional Amendment Act is enacted with a view to

a. constitutc a District Planning Committee.
b. constitute Gram Panchayats.
c. constitute State Finance Commission.
Which of the statements given above idare correct ?
(1) only a                             (2) only a and b
(3) only a and c                    (4) a, b and c

62.  Iin connection with functions of the Indian Planning Commission, consider the following :

a. To formulate a plan for the most effective 'and balanced utilization of country's
resources. bm. To make assessment of material, capital and human resources of the country.
c. To guide the central government, Which of the above statements islare correct ?
(1) only a                                    (2) only a and b
(3) only b and c                           (4) a, b and c

63.  What was the targeted GDP growth rate of the 10t h Fi.v e Year Plan ?

(1) 9.00%                (2) 8.00%              (3) 10.00%                (4) 07.00%

64.  What percentage of the population was below the poverty line according to the Tendulkar Committee poverty line in 2009 - 10 ?

(1) 350 millions - 29.8%                           (2) 400 millions - 30.1%
(3) 300 millions - 27.3%                           (4) 450 millions - 34.2%

65.   Which of the following has the major contribution in power generation in public sector ?

a. Hydro-electric power                     b. Thermal power
c. Atomic energy                              d. Wind energy
(1) only a                 (2) only b               (3) a and b             (4) a, b and d

66.  Which of the following has the major contribution in power generation in public sector ?

a. Hydro-electric power                     b. Thermal power
c. Atomic energy                              d. Wind energy
(1) only a                   (2) only b                 (3) a and b          (4) a, b and d

67.  A sub-committee on 'more crop and income per drop of water' was constituted by the Ministry of Water Resources under the chairmanship of

(1) Dr. M.S. Swaminathan                      (2) Dr. S. Vishwamohan
(3) Dr. P.C. Alexander                           (4) Dr. P. Chidambaram

69.  Which of the followin-g two statements is correct ?

a. National Sample Survey Organisation war: set up in 1950 and reorganised in 1970.
b. Summary of the results of the surveys undertaken are published in Sarvekshana - annual technical journal of the NSSO.
(1) Only a is correct                           (2) Only b is correct
(3) Neither a nor b is correct               (4) Both a and b are correct

70.   With what purpose, did the Government of India made amendments in the National High-way Act in 1995 ?

a. To attract the private sector in the developinent of roads.
b. To increase share of public sector in the de~relopmenot f roads.
c To hand over the responsibility of the development of roads to the State Government.
d. All the above
(1) Only a                (2) a, b and c            (3) Only a and b           (4) a, b and d

71.  The Monopolies and Restrictive Trade Practices Act, [MRTP Act] 1969 was replaced by

(1) Competition Act                                 (2) FRBM Act
(3) Partnership Act                                  (4) None of the above

72.  Consider the following three statements. Which of these idare correct ?

a. Indias GDP growth has come down from 8.4% in 2009- 10 to 6.9% in 2011 - 12, and 6.5% as per raised estimates.
b. The secondary reason for moderation in GDP growth is weakening of industrial growthin 2011 - 12.
c. The effect of retrenchment in overseas demand on Indias exports is the prime reason.
(1) Only a                (2) a andc               (3) b and c                   (4) a, b and c

73.  Which were the top five countries of India's export one after the other during of 2010-llto2011-12?

(1) USA, China, UAE, Singapore, Hong Kong
(2) China, USA, Urn, Singapore, Hong Kong
(3) UAE, USA, China, Singapore, Hong Kong
(4) USA, UAE, China, Hong Kong, Singapore

74.  Which one of the following statements is incorrect ? Relative to the targets set in the first ten Five Year Plans, the growth performance of ,the Indian economy in terms of GDP

a. was the poorest in the Third Five Year Plan.
b. was the best in the Tenth Five Year Plan.
(1) Only a is incorrect                               (2) Only b is incorrect
(3) Neither a nor b is incorrect                   (4) Both a and b are incorrect

75.  Which one of the following two statements is correct ?

a. Sayajirao Gaikwad gave scholarship ta Dr. Babasaheb Ambedkar for his higher education and sent him to England and L&A.
b. Dr. Babasaheb Ambedkar called a conferance for Dalits in 1918 - as Asprushya Nivaran Parishad - wherein Sayajirao Glxikwad was the President.
(1) Only a is correct                                    (2) Only b is correct
(3) Neither a nor b is correct                        (4) Both a and b are correct

76.  Which countries took lead in establishing the W.T.O. ?

(1) Developed countries                               (2) Developing countries
(3) Socialist countries                                  (4) Oil producing countries

77.  a. Targeted PDS was introduced in 1997.

       b. Targeted PDS covers all States and Union Territories.

(1)Only a is correct                                  (2) Only b is correct
(3)Both a and b are correct                      (4) Both a and b are incorrect

78.  a. Indian Rupee was devalued 18 per cent in July 1991.

      b. Devaluation helps correcting trade deficit.

(1) Only a is correct                                   (2) Only b is correct
(2) Both a and b are correct                       (4) Both a and b are incorrect

79.  Which of the following contracts is not a part of the contract of W.T.O. ?

(1) Trade Related Intellectual Property Rights (TRIPRs)
(2) Trade Related Investment Measures (TRIMS)
(3) General Agreement on Tariffs & Trade (GATT)
(4) General Agreement on Trade & Service (GATS)

80.  a. The first Ministerial Conference of the WTO was held in Singapore.

       b. WTO was set up as a result of the "Bretton Woods" conference.

(1) Only a is correct                                           (2) Only b is correct
(3) Both a and b are correct                               (4) 130th a and b are incorrect

81.  In the context of international capital movement, consider the following :

a. Rate of interest
b. Speculation about rate of interest
c. Marginal efficiency of capital
d. Influence of World Bank
Which of the above can influence the movement of international capital ?
(1) a, band c                                                  (2) a, band d
(3)Only c and d                                              (4) Only b and c

82.  Which of the following was the main contentious issue of the World Trade Organisation after the Doha Round ?

(1) Communal disharmony among people of different nations
(2) Indo-Pak Political and Economic Relations
(3) Agriculture and Industrial Goods
(4) Indo-China Trade Relations

83.  In the context of economic globalization, consider the following statements :

a. Economic development of backward countries,
b. Breaking down national barriers of trade.
c. International spread of trade and commerce.
d. Growing power of multi-national companies
Which of the statements given above are correct ?
(1) Onlyaandd                                        (2) a, b and c
(3) b, c and d                                         (4) Only c and d

84.  In the context of balance of payments, consider the following :

a. Adopting a policy of deflation b. Reducing expenditure
c. Import promotion d. Foreign aid
Which of the above can be used as measures to correct disequilibrium in Balance of Payments ?
(1) a,bandc                                               (2) b, c andd
(3) a, b and d                                            (4) Only a and b

85.  Regarding foreign direct investment, consider the following statements :

a. Inflow of foreign investment increases uneniployment.
b. Foreign investment constitute a net addition to investible resources.
c. Underdeveloped countries don't require forcign investment.
Which of the statements isfare correct ?
(1) Only a                                               (2) Only b
(3) Only a and c                                      (4) None of the above

86.  Fill in the blank by selecting the proper alternative from the following : Fiscal Deficit = Revenue Receipts + ............ -Total expenditure

(1) Capital receipts                                  (2) Xevenue expenditure
(3) Budget deficit                                     (4) (Government market borrowings

87.  The Fiscal Innovation 2000, zero base budget.in1: was designed by

(1) Dr. Dalton                                         (2) Dr. Musgrave
(3') Peter F'yhrr                                      (4) None of the above

88.  The fastest growing tax for Central Government islare

a. Service tax
b. Corporate tax
c. Income tax
(1) only a                 (2) a, b and c                (3) aand b             (4) a and c

89.  Fill in the blank by selecting appropriate alternative from the following : The 12th Commission raised the share of States in the Central taxes upto

(1) 29.5 per cent        (2) 30.5 per cent          (3) 62.5 per cent   (4) 28.0 per cent

90.  Consider the following statements about the Indian Railways :

a. The Railways in India provide the principal mode of transportation for freight and passengers.
b. It made a modest beginning in 1853.
c. The first train steamed off from Mumbai to Thane.
d. About 43% of total track kilometre is electrified.
e. The network is divided into 19 zones.
f. Mumbai is the headquarters for 2 zones.
g. Kolkata is the headquarters for 3 zones.
Which one of the above statements is incorrect ?
(1) a                   (2) d                     (3) e                            (4) g

91.  The crisis of state public debt is the result of in'zrease in

a. Expenses on salaries
b. High interest rate
e. Debt waiver by the States
The correct answer is
(I.) a, band c                   (2) only a              (3) aandc               (4) a and b

 92.  Fill in the blank by selecting proper option from the following : The burden of fiscal imbalance correction during economic reforms has been primarily on -

(1) Revenue expenditure                           (2) Public debt
(3) Capital expenditure                             (4) None of the above

93.  Which airport has been adjudged as the world's best airport for the airport service quality amongst the airports handling 5 - 15 million passengers for the year 2009 by the Airports Council International ?

(1) Airport, New Delhi                             (2) Airport, Mumbai
(3) Airport, Shamshabad, Hyderabad       (4) Airport, Bangalore

94.  "Modern Theory of Public expenditure" was developed by

(1) Prof. Pecock & Prof. Wisemen                 (2) Prof. Pigue
(3) Dr. Marshall                                          (4) None of the above

95.  The growing transfer of resources from the Centre to the States implies

a. Increasing integration between State and Centre
b. Helpless dependence of States on Centre
c. Neglect of States to raise revenue
(1) a,bandc                (2) a and b              (3) b and c             (4) only c

96.  Zero-base budgeting

a. Starts from previous year
b. Needs justification of activity
c. Considers cost control important
d. Focuses on effectiveness
(1) bandd                 (2) a and b               (3) c and d             (4) a, b and d

97.  Which reforms have been suggested by Vijay Kelkar Committee in Indian tax system ?

(1) Reduction in Government spending
(2) Widening the tax base
(3) High tax rate
(4) Abolition of VA

98. 'The public debt of India is composed of

a. External Debt
b. Internal Debt
c. Debt of Public Limited Companies
d. Debt of Local Bodies
(1) aandb
(2) only b
(3) a, b and d
(4) b, c and d

99.  Repo rate means

a. Discount rate at which banks borrow from RBI
b. Rate at which bank lends to industry
c. Short-term borrowing
d. Discount rate at which Central Government borrow from banks
(1) a and b
(2) a and d
(3) b and c
(4) a and c

100.  What was the objective of Board of Industrial and Financial Reconstruction established in 1987 ?

(1) Revival of Financial Sector
(2) Modernisation of banking and industrial sectors
(3) Rehabilitation of sick public sector units
(4) None of the above

 

 

 

 

 

 

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