Q.1. Why the indirect taxes are termed regressive taxing mechanism?
(1) They are charged at higher rates than direct taxes
(2) They are charged the same for all income groups
(3) They are charged different for each income group
(4) 1 and 2
(5) None of these
Q.2. In India, the chit funds are governed/regulated by ________.
(1) Government of India (2) RBI (3) State Government (4) SEBI (5) Local Bodies
Q.3. The Bombay Stock Exchange (BSE) has launched an Islamic equity based index _________.
(1) S&P BSE 500 (2) S&P BSE 200 (3) S&P BSE 300
(4) S&P BSE 400 (5) S&P BSE ISBX
Q.4. Foreign Exchange Management Act (FEMA) is a _______Indian law.
(1) 1998 (2) 1999 (3) 2005 (4) 2001 (5) 2002
Q.5. The difference between the outflow and inflow of the foreign currency is known as ________.
(1) Foreign Exchange Reserve
(2) Balance of Payment
(3) Fiscal Deficit
(4) Current Account Deficit
(5) None of these
Q.6. Which Indian political leader's birth anniversary was celebrated on 14th of April?
(1) Dadabhai Naoroji
(2) Sardar Vallabhbhai Patel
(3) Sarojini Naidu
(4) Dr. Rajendra Prasad
(5) Dr. Bhim Rao Ambedkar
Q.7. ------ girl Priyadarshini Chatterjee has bagged the crown for FBB Femina Miss India World 2016.
(1) Delhi (2) Chandigarh (3) Mumbai (4) Shimla (5) Lucknow
Q.8. Who has inducted as Additional Director in the Central Bureau of Investigation (CBI) ?
(1) Kushal Singh (2) Avinash Chandar (3) Sunil Soni (4) Sudha Sharma (5) Rakesh Asthana
Q.9. PBL is related with which sport?
(1) Football (2) Basket Ball (3) Badminton (4) Golf (5) Tennis
Q.10. India has successfully tested its most ambitious weapon system -- a long range submarine-launched ballistic missile, codenamed K-4, capable of can strike targets upto ----- kilometres away.
(1) 1,500 (2) 2,500 (3) 3,500 (4) 4,500 (5) 5,500
Answers
Q.1.(2) Q.2.(3) Q.3.(1) Q.4.(2) Q.5.(4) Q.6.(5) Q.7.(1) Q.8.(5) Q.9.(3) Q.10.(3)
