91. Which of the following sequences is correct, according to taxonomy?

  • (A) Class-Phylum-Family-Order Genus-Species
  • (B) Family-Phylum-Class-Order-Genus-Species
  • (C) Phylum-Class-Order-Family-Genus-Species
  • (D) Class-Phylum-Order-Family-Genus-Species

92. _____ at Market Price refers to the sum total of factor incomes earned by residents of a country during an accounting year including net indirect taxes.

  • (A) Net Domestic Product (NDP)
  • (B) Gross Domestic Product (GDP)
  • (C) Gross National Product (GNP)
  • (D) Net National Product (NNP)

93. Which of the following was a feature of the Indian economy before the British rule?

  • (A) Prosperous economy
  • (B) Self-reliant economy
  • (C) Dependent economy
  • (D) Independent economy

94. Which of the following is the correct formula for calculating NNP?

  • (A) NNP = GNP – DEPRECIATION
  • (B) NNP = GNP + DEPRECIATION
  • (C) NNP = GDP – INCOME
  • (D) NNP = GDP – DEPRECIATION

95. The Reserve Bank of India was fully nationalised and owned by the Government of India in which of the following years?

  • (A) 1949
  • (B) 1950
  • (C) 1947
  • (D) 1948

96. What is the main objective of Fiscal Responsibility and Budget Management Act (FRBMA), 2003?

  • (A) To reduce subsidies
  • (B) To increase exports
  • (C) To reduce fiscal deficit
  • (D) To increase excise duty

97. Which organisation launched the Indian Customs Compliance Information Portal (CIP) for providing free access to information on all Customs procedures and regulatory compliance for nearly 12,000 Customs Tariff items in the year 2021?

  • (A) Central Board for Indirect Taxes & Customs
  • (B) Income Tax Settlement Commission
  • (C) Central Board for Direct Taxes
  • (D) Directorate of Enforcement

98. What is the balance of trade of a country?

  • (A) Ratio of international trade
  • (B) Number of exports
  • (C) Difference between imports and exports
  • (D) Number of imports

99. The financial year in India starts from 1st April and ends on ________.

  • (A) 30th June
  • (B) 31st March
  • (C) 31st July
  • (D) 31st May

100. Which of the following measures can be adopted by the government to reduce revenue deficit?

  • (A) Offering freebies
  • (B) Increasing subsidies
  • (C) Increasing money supply
  • (D) Tax reforms

Total Quizz:- 604

Economics

Economics is a key subject for understanding economic principles and their application. At Online Sarkari Exam, we offer resources on topics such as microeconomics, macroeconomics, economic theories, and policies. Our materials include detailed explanations, graphs, and practice questions to help you grasp economic concepts.

We focus on providing clear and concise information to help you understand economic principles and their real-world implications. Our resources are designed to prepare you for economics-related questions in competitive exams.