Economy · NDA previous year questions

The ‘Bombay Plan’ drafted by G.D. Birla and J.R.D. Tata emphasized :

1. A.that the economy should be left to the dynamic investments by the private sector in heavy industries etc.
2. B.the public sector investment in infrastructure and heavy industries.
3. C.annual planning.
4. D.that the private sector should foot the bill for intensive and low return investments in the industrial sector.

Which one among the following statements regarding the Eighth Five Year Plan in India is not correct ?

1. A.The plan was postponed by two years because of political upheavals at the centre
2. B.It aimed at high growth of both agriculture and manufacturing sectors
3. C.Its emphasis was on growth in export and import, improvement in trade and current account deficit
4. D.It set before itself the two principal objectives of ‘growth with stability’ and ‘growth with justice’

TRIPS (Trade Related aspects of Intellectual Property Rights) agreement is administered by :

1. A.United Nations Conference on Trade and Development (UNCTAD)
2. B.United Nations Organization (UNO)
3. C.World Trade Organization (WTO)
4. D.World Bank (WB)

Which amongst the following statements is/are correct about the INS Arihant? 1. It is India's first nuclear submarine 2. It is India's first aircraft carrier 3. It has been indigenously built in India

1. A.1 only
2. B.2 and 3 only
3. C.1 and 3 only
4. D.2 only

Socialism refers to

1. A.State-controlled economy
2. B.liquidation of the bourgeoisie
3. C.removal of peasantry from administration
4. D.establishment of military dictatorship

Which one of the following is not a component of the scheme 'Innovation in Science Pursuit for Inspired Research (INSPIRE)' launched by the Union of India?

1. A.Scheme for early attraction of talents for science
2. B.Scholarship for higher education
3. C.Assured opportunity for research careers
4. D.Vocational training after higher education

Which among the following is the exclusive jurisdiction of the State Government?

1. A.Corporation tax
2. B.Customs duty
3. C.Sales tax
4. D.Income tax

Socialism is opposed to

1. A.social security scheme
2. B.equal distribution of wealth
3. C.unrestricted competition
4. D.collective ownership and management

Which of the following regarding Revised Macro Management of Agriculture Scheme (2008–2009) is/are correct? 1. Allocate funds to States and Union Territories on a criterion based on gross cropped area and area under small and marginal holdings. 2. The assistance is provided to the States and Union Territories as 100% grant. Select the correct answer using the code given below : Code :

1. A.1 only
2. B.2 only
3. C.Both 1 and 2
4. D.Neither 1 nor 2

Which among the following states/UT is the latest to introduce VAT (Value Added Tax) in India ?

1. A.Gujarat
2. B.Puducherry
3. C.Uttar Pradesh
4. D.Tamil Nadu

In India, public expenditure on education (Centre and States) as a percentage of GDP at present is between

1. A.2 to 3 per cent
2. B.3 to 4 per cent
3. C.4 to 5 per cent
4. D.5 to 6 per cent