Wednesday, February 26, 2020

WBCS Polity and Constitution MCQs Prelims and Mains

Free Objective Question For UPSC | SSC | Rail NTPC | RRB | State PSC P42


Page 42

206. All taxes come under
(A) Revenue receipts
(B) Capital receipts
(C) Public debt
(D) Both A and B

Correct Answer: [C] Public debt.
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207. People below the poverty line in India are classified as such based on whether
(A) they are entitled to a minimum prescribed food basket.
(B) they get work for a minimum number of days in a year.
(C) they belong to minority groups.
(D) their daily wages follows below prescribed minimum wages

Correct Answer: [A] they are entitled to a minimum prescribed food basket..
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208. The basic regulatory authority for mutual funds and stock exchange lies with
(A) Government of India
(B) Reserve Bank of India
(C) Securities and Exchange Board of India
(D) Stock Exchange

Correct Answer: [C] Securities and Exchange Board of India.
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209. National Income of India is compiled by
(A) Finance Commission
(B) Indian Statistical Institute
(C) National Development Council
(D) Central Statistical Organisation

Correct Answer: [D] Central Statistical Organisation.
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210. In India GDP is higher than GNP because
(A) import is higher than exports.
(B) capital inflow is higher than capital outflow.
(C) net factor income is negative.
(D) government expenditure is more than income

Correct Answer: [A] import is higher than exports..
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