Planning & Economic Development (Civil Service Examination), Questions and Answers, GK for UPSC, Bank PO & All Exams

1. With reference to the Indian Public Finance, consider the following statements: [2002]
1. External liabilities reported in the Union Budget are based on historical exchange rates
2. The continued high borrowing has kept the real interest rates high in the economy
3. The upward trend in the ratio of Fiscal Deficit of GDP a recent years has a adverse effect on private investment
4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government
Which of these statements are correct?

2. A great deal of Foreign Direct Investment (FDI) to India comes from Mauritius than from many major and mature economies like UK and France. Why? [2010]

3. Who of the following shall cause every recommendation made by the finance Commission to be laid before each House of Parliament? [2010]

4. Consider the following: [2009]
1. Fringe Benefit Tax
2. Interest Tax
3. Securities Transaction Tax
Which of the above is/are Direct Tax/Taxes?

5. Five Year Plan in India is finally approved by: [2002]

6. Which of the following come under Non-plan expenditure? [1997]
1. Subsidies
2. Interest payments
3. Defence expenditure
4. Maintenance expenditure for the infrastructure created in the previous plans
Choose the correct answer using the codes given below:

7. The largest source of financing the public sector outlay of the Eighth Five Year Plan comes from: [1995]

8. Which one of the following is the objective of National Renewal Fund? [1999]

9. Consider the following statements regarding Indian Planning: [2009]
1. The Second Five-Year Plan emphasized on the establishment of heavy industries.
2. The Third Five-Year Plan introduced the concept of import substitution as a strategy for industrialization.
Which of the statements given above is/are correct?

10. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R).
Assertion (A): An important policy instrument of economic liberalization is reduction in import duties on capital goods.
Reason (R): Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets.
In the context of the above two statements, which one of the following is correct? [1996]

General Knowledge

1. World Geography -Test-01
2. World Geography -Test-02
3. World Geography -Test-03
4. Geography of India -Test-01
5. Geography of India -Test-02
6. Geography of India -Test-03
7. Geography of India -Test-04
8. Geography of India -Test-05
9. History of India - Test - 01
10. History of India - Test - 02
11. History of India - Test - 03
12. History of India - Test - 04
13. History of India - Test - 05
14. History of India - Test - 06
15. History of India - Test - 07
16. INM-Test-01
17. INM-Test-02
18. INM-Test-03
19. INM-Test-04
20. INM-Test-05
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