Economics Objective Questions 

1.Buoyancy of a tax is defined as:
 A. Decrease in tax revenue
 B. Increase of tax rate
 C. Increase in tax revenue
 D. Increase in ratio of direct to indirect tax
 
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2.Which of the following decide Minimum support price?
 A. Commission for Agricultural Cost and Price
 B. Ministry of agriculture
 C. Ministry of commerce and industry
 D. NABARD
 
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3.Interest paid by the government on the loans raised is called:
 A. Bridge loan
 B. Debt servicing
 C. Deficit financing
 D. Discounted budgeting
 
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4.The difference between the GNP and the NNP is equal to the:
 A. Capital depreciation
 B. Consumer expenditure on durable goods
 C. Direct tax revenue
 D. Indirect tax revenue
 
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5.For revival and restructure of weak banks of the public sector, which committee was constituted?
 A. Goiporia Committee
 B. Narsimham Committee
 C. Rekhi Committee
 D. Verma Committee
 
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6."UDAY" Yojana is related with:
 A. Air transportation
 B. Atomic energy
 C. Energy Distribution
 D. Panchyati Raj
 
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7.Kisan credit card scheme was introduced in:
 A. 1991
 B. 1996
 C. 1998
 D. 2000
 
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8.Jawahar Rozgar Yojana was started by:
 A. Indira Gandhi
 B. Jawaharlal Nehru
 C. Rajiv Gandhi
 D. Sanjay Gandhi
 
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