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Mission WBCS Daily Mock( Indian Economy ) 11
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Daily Mock Test

Arijit Basu Chowdhury is teaching live on Unacademy Plus

Arijit Basu Chowdhury
Graduate in History from St.Paul’s Cathedral Mission College.My Philosophy is Being Basic and Being simple and show actually what you are 😊

Unacademy user
your explanation is best!!!!
Vivek Sharma
a year ago
Thanks pritam...
  1. Mission WBCS (Exe.) 2019 Prelims and Mains Daily Mock Test Arijit Basu Chowdhury

  2. West Bengal Civil Services Graduate in History from St.Paul's Cathedral Mission College, Kolkata . Interests: Fitness , Current Affairs ,Burning Issues, Music, News Analysis . You can follow me on UNACADEMY- Life has two rules: 1) Never quit. 2) Always remember Rule #1 . Rate , Review & Recommend

  3. Daily Mock Test (Indian Economy) 1. The central banking functions in India are performed by the 1. Central Bank of India 2. Reserve Bank of India 3. State Bank of India 4. UCO Bank a) 1,2 b) 2 c)1 d)2, 3 2. Development expenditure of the Central government does not include a) Defence expenditure c) Expenditure on social and community services d) Grant to state:s 3. ICICI (Industrial Credit and Investment Corporation of India) is the name of a a) chemical industry b) bureau c) corporation d) financial institution b) Expenditure on economic services

  4. Daily Mock Test (Indian Economy) 4. Gilt-edged market means a) Bullion market b) Market of government securities c) Market of Pound d) Market of pure metals 5. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India? a) Chemicals other than fertilizers b) Education sector c) Food processing 7. In the second nationalization of commercial banks d) Telecommunication banks were nationalized a) 1 b)5 c) 6 d) 10

  5. Daily Mock Test (Indian Economy) 7. Devaluation of a Currency means a) Reduction in the value of a currency vis a vis major internationally traded currencies b) Permitting the currency to seek its worth in the international market c) Fixing the value of the currency in conjunction with the movement in the value of a basket of pre determined currencies d) Fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners. 8. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non- development expenditure involves a) Interest payment b) Subsidies d) Defence d) Irrigation a) 1,2 b)1 c) 1,2,3 d)1,3, 4

  6. Daily Mock Test (Indian Economy) 9. On July 12, 1982, the ARDC (Agricultural Refinance and Development Corporation) was merged into a) RBI b) NABARD c) EXIM Bank d) SEBI 10. Which of the following is the most appropriate cause of exports surplus? a) Country's exports promotion value b) Country's stringent import policy c) Developments in national and international markets d) None of the above 11. Which of the following items would not appear in a company's balance sheet? a) Value of stocks of raw materials held c) Revenue from sales of the company's products d) Cash held at the bank b) Total issued capital

  7. Daily Mock Test (Indian Economy) 12. In the state of India, the State Financial Corporation have given assistance mainly to develop a) Agricultural farms b) Cottage industry c) Large-scale industries d) Medium and small-scale industries 13. The central co-operative banks are in direct touch with a) Farmers c) Land development banks d) Central government 14. States earn maximum revenue through a) Land revenue c) Commercial taxes d) Excise duties on intoxicants b) State co-operative banks b) Custom revenue

  8. Daily Mock Test (Indian Economy) 15. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are a) tax sharing b) grant-in-aids c) loans d) All the above 16. Debenture a holders of a company are its a) Shareholders b) Creditors c) Debtors d) Directors 17. Excise dutv is a tax levied on the a)Import of goods b) Export of goods c) Production of goods d) Sale of goods

  9. Daily Mock Test (Indian Economy) 18. In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines a) To govern entry of new private sector banks to make the banking sector more competitive b) To reduce the freedom given to banks to rationalize their existing branch network c) To setup more foreign exchange banks d) To lend more easily for industrial development 19. Non Tax revenues can be increased by improving the working of the a) State Road Transport Corporations b) Electricity boards c) Commercial irrigation projects d) All of these

  10. Daily Mock Test (Indian Economy) 1. b) 2 2. a) Defence expenditure 3. d) financial institution 4. b) Market of government securities 5. d) Telecommunication 6. c) 6 7. a) Reduction in the value of a currency vis a vis major internationally traded currencies 8. c) 1, 2,3 9. b) NABARDD 10. c) Developments in national and international markets 11. c) Revenue from sales of the company's products