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WBCS Main 2019 General Studies III (Indian Economy ) 18
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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 😊

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  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. Which of the following is not considered as a government debt? a) Provident fund c) National saving certificate d) Long-term Government Bonds 2. General sales tax is a form of a) Stamp duty b) Consumption tax c) Corporate tax d) Estate duty 3. SME (Small and Medium Enterprises) Rating Agency of India was founded by a) Industrial Credit and Investment Corporation of India b) Reserve Bank of India o) SmallIndustries Development Bank of India d) Industrial Finance Corporation of India b) Life insurance policies

  4. Daily Mock Test (Indian Economy) 4. The increase in oil seed production is attributed to: a) Yellow revolution b) Green revolution c) White revolution d) Brown revolution 5. Which organization issued the data of estimation of India's National income? a) Central Statistical Organisation b) National data Centre c) Planning Commission d) Non-governmental organization 6. When was the National Development council constituted? a) 4 June 1952 b) 6 August 1952 c) 8 April 1953 d) 4 May 1950

  5. Daily Mock Test (Indian Economy) 7. Which five year plan emphasized on "Growth with social justice and equity"? a) Tenth Five Year Plan b) Ninth Five Year Plan c) First Five Year Plan d) Sixth Five Year Plan 8. When community development programme (CDP) started a) 1950 b) 1952 c) 1963 d) 1965 9. Debenture holders have no rights to vote in the company's general meetings of a) Creditors b) Debitors c) Shareholders d) Directors 10. What does deficit financing mean? a) public revenue in excess of public expenditure b) printing new currency notes c) public expenditure in excess of public revenue dl)replacing new currency with worn out currency

  6. Daily Mock Test (Indian Economy) 11. The big push model was given by a) Paul Rosenstein-Rodan b) Jack Hamilton c) Amritya Sen d) Abhishek Mathu 12. The term Hot money is used for a) Black money b) A money which comes easily and goes easily too c) A money which is hard to come but easy to go d) A money which is easy to come but hard to go 13. Which of the following controls the Monetary Policy of the Indian Rupee? a) Bank of Baroda c) Central Bank of India d) Reserve Bank of India b) State Bank of India

  7. Daily Mock Test (Indian Economy) 14. The term Gilt-edged market means a) Bullion market b) Market of government securities c) Market of guns d) Market of pure metals 15. Non-Development expenditure of the Central government does not include a) Interest payments b) Law and order c) Defence d) Infrastructure development

  8. Daily Mock Test (Indian Economy) c) National saving certificate (National saving certificate is not considered asa national debt.Government debt is the debt owed by a central government. (In the U.S. and other federal states, "government debt" may also refer to the debt of a state or provincial, municipal or local government.) 1. 2. b) Consumption tax (General Sales tax (GST) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution) c) Small Industries Development Bank of India (The agency was founded in 2005 by Small Industries Development Bank of India SIDBI) 3. 4. a) Yellow revolution a) Central Statistical Organisation (The data of estimation of India's National Income is issued by Central Statistical Organization.) 5.

  9. Daily Mock Test (Indian Economy) 6. b) 6 August 1952 (The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on development matters in India, presided over by the Prime Minister.) 7. b) Ninth Five Year Plan (The Ninth Five Year Plan ushers in a new era of growth with social justice and participation in which not only the Governments at the Centre and the States, but the people at large, particularly the poor, become effective instruments of a participatory planning process.Thus, its focus is "Growth with Social Justice and Equity".) b) 1952 (The community development programme was launched on a pilot basis in1952 to provide for a substantial increase in the country's agricultural programme, and for improvements in systems of communication, in rural 8. in rural 9. c) Shareholders (Debenture holders have no rights to vote in the companys health amibygner ang in reuraleducatems general meetings of shareholders, but they may have separate meetings or votes e.g. on changes to the rights attached to the debentures.) 10. c) public expenditure in excess of public revenue

  10. Daily Mock Test (Indian Economy) 11. a) Paul Rosenstein-Rodan 12. b) A money which comes easily and goes easily too (In financial markets, 'hot money' is the flow of funds (or capital) from one country to another in order to earn a short-term profit on interest rate differences and/or anticipated exchange rate shifts.) 13. d) Reserve Bank of India (The Reserve Bank of India is India's Central Banking Institution, which controls the Monetary Policy of the Indian Rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.Following India's independence on 15 - August 1947, the RBI was nationalised in the year of 1 January 1949.) 14. b) Market of government securities