Wednesday, February 26, 2020

WBCS Polity and Constitution MCQs Prelims and Mains

Indian Economy General Knowledge PDF For UPSC | SSC | Rail NTPC | RRB | State PSC P25


Page 25

121. The national income of a country is
(A) Export minus
(B) Surplus of Public Sector Undertakings
(C) The Annual Revenue of the Government
(D) Sum total of factor incomes

Correct Answer: [D] Sum total of factor incomes.
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122. The place where banks settle their mutual claims and accounts is known as a
(A) Collection Centr
(B) Stock Exchange
(C) Treasury
(D) Clearing House

Correct Answer: [D] Clearing House.
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123. More than 50% of the working population in India depends on
(A) the tertiary sector.
(B) the industrial sector.
(C) the primary sector.
(D) the public sector

Correct Answer: [C] the primary sector..
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124. The Planning Commission was appointed in March 1950 under the chairmanship of—
(A) C.D. Deshmukh
(B) None of the above
(C) P.C. Mahalanobis
(D) Jawaharlal Nehru

Correct Answer: [D] Jawaharlal Nehru.
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125. Industrial Licensing, was finally abolished (with a few exceptions) in the
(A) Industrial Policy, 1991
(B) Industrial Policy, 1995
(C) Industrial Policy, 1970
(D) Industrial Policy, 1980

Correct Answer: [A] Industrial Policy, 1991.
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