Wednesday, February 26, 2020

WBCS Polity and Constitution MCQs Prelims and Mains

MCQ On Economic Development And Planning For UPSC | SSC | Rail | State PSC P30


Page 30

146. Which of the following increases continuously with increase in production?
(A) Average cost
(B) Marginal cost
(C) Fixed cost
(D) Variable cost

Correct Answer: [D] Variable cost.
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147. At present, as per governments rulings, the maximum area allowed for a Special Economic Zone (SEZ) is
(A) 4000 hectares
(B) 5000 hectares
(C) 2000 hectares
(D) 3000 hectares

Correct Answer: [B] 5000 hectares.
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148. Bank Rate is the rate
(A) The rate at which banks lend to the Industrial Financial Institutions
(B) None of the above
(C) At which banks lend money to the depositors
(D) At which Reserve Bank of India lends money to Commercial Banks

Correct Answer: [D] At which Reserve Bank of India lends money to Commercial Banks.
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149. Which of the following is not required while considering GNP (Gross National Product)?
(A) Per capita income of citizens
(B) Net foreign investment
(C) Purchase of goods by Government
(D) Private investment

Correct Answer: [B] Net foreign investment.
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150. Which of the following taxes is within the jurisdiction of the Central Government?
(A) Land Revenue
(B) Excise on alcoholic liquors
(C) Corporation Tax
(D) Professional Tax

Correct Answer: [C] Corporation Tax.
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