1. Which authority recommends the principles governing the grants - in - aid of the revenues of the states out of the Consolidated Fund of India?
Ans: Finance Commission
2. The' PAN' in PAN card issued by the Income Tax Department stands for?
Ans: Permanent Account Number
3. Which scheme is a centrally sponsored scheme launched in 2000 for one crore of the poorest families which is an important milestone in providing food grains to the poor?
Ans: Antyodaya Anna Yojana
4. Paper gold is:
Ans: Special Drawing right
5. The practice of crossing a cheque originated in:
Ans: Britain
6. The increase in agricultural production in 1971 resulted in the wheat revolution. It is referred to as the Green Revolution. Who was the Prime Minister then?
Ans: Indira Gandhi
7. "A tree for every child" programme was launched during which Five Year plan?
Ans: Sixth
8. The 2011 Census is the _____Census?
Ans: 15th
9. The concept of rolling plan was put forward by _____ in his book 'Asian Drama'?
Ans: Gunner Myrdal
10. Heavy industries and Capital goods industries are given top priority in the growth model of:
Ans: Mahalanobis model
11. Nobel Prize started in Economics since:
Ans: 1969
12. The Antyodaya programme was started first of all in the state of?
Ans: Rajasthan
13. India became a member of the International Monetary Fund in:
Ans: 1947
14. Who gave the definition "Economics is the Science of Wealth"?
Ans: Adam Smith
15. First anytime milk ATM established at:
Ans: Anand (Gujarat)
16. Economic Planning is an area coming under:
Ans: Concurrent list
17. One Hectare is approximately how many acres?
Ans: 2.471 acres
18. The first Thermal Power Plant in Kerala is situated at;
Ans: Kayamkulam
19. The first flowing ATM in the world is set up in a Jankar Boat operating between _____.
Ans: Kochi and Vypin
20. Lakadawala Commission was related with:
Ans: Poverty Line
21. Deccan Odyssey is a luxurious train that services through the tourist centers of which state?
Ans: Maharashtra
22. Who is the chairman of the 14th Finance Commission?
Ans: Y V Reddy
23. Wall street is the headquarters of _____ Stock Exchange?
Ans: New York
24. 'Das capital' was written by:
Ans: Karl Marx
25. 'Yellow revolution' is associated with the production of:
Ans: Oil seeds
26. Which Five Year Plan marked the beginning of economic liberalisation?
Ans: 6th
27. The Kerala villages selected by UNDP for local self tourism development?
Ans: Aranmula and Kumbalangy
28. The first Asian country to introduce VAT (Value Added Tax) was:
Ans: South Korea
29. Name the currency of Brazil:
Ans: Real
30. The headquarters of APEC located in which city?
Ans: Singapore
31. ASEAN is referred to:
Ans: Association of South East Asian Nations
32. The principle source of States own tax revenues is _____which accounts for about 60 per cent of the total.
Ans: Sales Tax
APEC:
Ä Asia Pacific Economic Co-operation (APEC) is a forum for 21 Pacific Rim member economies that promotes free trade through the Asia- Pacific region.
Ä It was established in 1989.
Ä Venue of 2015 APEC Summit is Peru. APEC currently has 21 members, including most countries with a coastline on the Pacific Ocean.