General Knowledge

ISBT General Knowledge for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q321.
Which one of the following is the main factors that led to rapid expansion of Indian exports ?
1) imposition of import duties 2) liberalization of the economy
3) recession in other countries 4) diversification of export
Answer : imposition of import duties
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Q322.
Which of the one of  following is the disadvantages of the Wholesale Price Index in India ?
1) It does not cover the services sector 2) It is not available for individual commodities
3) It is available only on monthly basis 4) It is available only at constant prices
Answer : It does not cover the services sector
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Q323.
While estimating the national income, which of the following is not taken into account ?
1) Services of a teacher 2) Services of a doctor
3) Services of a housewife 4) Services of a maidservant
Answer : Services of a housewife
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Q324.
While estimating the national income, which of the following is not taken into account ?
1) Services of a teacher 2) Services of a doctor
3) Services of a housewife 4) Services of a maidservant
Answer : Services of a housewife
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Q325.
Which tax is not levied by the Central Government ?
1) Wealth Tax 2) Professional Tax
3) Income Tax 4) Excise Tax
Answer : Professional Tax
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Q326.
While estimating the national income, which of the following is not taken into account ?
1) Services of a teacher 2) Services of a doctor
3) Services of a housewife 4) Services of a maidservant
Answer : Services of a housewife
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Q327.
Which two of the following taxes are indirect taxes ?
1) sales-tax and income-tax 2) income tax and wealth tax
3) sales tax and excise duty 4) Income tax and excise duty
Answer : sales tax and excise duty
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Q328.
Which of the following is not one of the features of India's economic planning ?
1) Limited Centralisation 2) Planning of imperative nature
3) Democratic Solution 4) Planning of imperative nature
Answer : Planning of imperative nature
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Q329.
Which of the following means Deficit Financing ?

1) Government expenditure minus revenue receipts 2) Government expenditure minus borrowing
3) Budget deficit minus borrowing and liabilities 4) Budget deficit
Answer : Government expenditure minus revenue receipts
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Q330.
Which of the following is the best expressions of Fiscal deficit in the budget ?      
1) Revenue deficit plus the net borrowings of the government 2) Budgetary deficit plus the net borrowings of the government
3) capital deficit plus revenue deficit 4) primary deficit minus capital deficit
Answer : Budgetary deficit plus the net borrowings of the government
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