Daily MCQ Quiz

Test your knowledge with our daily updated questions.

General Knowledge MCQs

Quiz #69152
Fiscal policy is related to?
A Money supply in the economy
B Regulation of the banking system
C Planning for economic development
D Government’s Revenue and Expenditure
Discuss
Quiz #69151
Which of the following taxes is exclusively and totally assigned to the Central Government by the Constitution?
A Estate Duty
B Sales Tax
C Taxes on Railway Fares and Freights
D Corporation Tax
Discuss
Quiz #69150
The ‘break-even point’ is where?
A Marginal revenue equals marginal cost
B Average revenue equals average cost
C Total revenue equals total cost
D None of these
Discuss
Quiz #69149
Which amidst the following taxes collected by the Union is not mandated to be assigned to the States?
A Terminal taxes on good or passengers carried by railway, sea or air
B Taxes on railway fares and freights
C Taxes on consignment of goods
D Service tax
Discuss
Quiz #69148
Which authority recommends the principles governing the grants-in-aid of the revenues of the States out of the Consolidated Fund of India?
A Public Accounts Committee
B Union Ministry of Finance
C Finance Commission
D Inter State Council
Discuss
Quiz #69147
Interest on public debt is a part of?
A Transfer payments by the enterprises
B Transfer payments by the Government
C National Income
D Interest payment by house-holds
Discuss
Quiz #69146
Which one of the following is NOT an example of Indirect tax?
A Sales tax
B Excise duty
C Custom duty
D Expenditure tax
Discuss
Quiz #69145
The lowering of Bank Rate by the Reserve Bank of India leads to?
A More liquidity in the market
B Less liquidity in the market
C No change in the liquidity in the market
D Mobilization of more deposits by commercial banks
Discuss
Quiz #69144
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
A Commercial Bank
B Co-operative Bank
C Regional Rural Bank
D Micro finance Institution
Discuss
Quiz #69143
In India, the interest rate on saving accounts in all nationalized commercial banks is fixed by?
A Union Ministry of Finance
B Union Finance Commission
C Indian Banker’s Association
D None of the above
Discuss