General Knowledge MCQs & Hindi GK Quizzes

Question #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

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Question #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

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Question #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

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Question #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

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Question #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

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Question #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

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Question #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

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Question #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

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Question #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

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Question #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

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