General Studies One-liner 4: SSC CGL CHSL MTS Free Study Material PDF

121) What is deficit financing

Spending in excess of revenue

122) On which tax is the minimum effect of Direct Taxes

Income

123) Which is the ‘Slack Season’ in the Indian Economy

Jan to June

124) What does real national income denote

National income at constant prices

125) In which year was Railway Budget in India separated from general budget

1924-25

126) By which bank is Monetary policy regulated

Central Bank

127) Which Public Sector bank’ emblem figures a dog and the words ‘faithful, friendly’ in it

Syndicate Bank

128) When was West African Economic and Monetary Union found

1994

129) Which bank is the Banker of the Banks

RBI

130) In which plan was the growth rate of agricultural production negative

Third Plan

131) What is temporary tax levied to obtain additional revenue

Surcharge

132) At where were the High Courts in India first started

Calcutta

133) How is Share of Direct tax in post economic reform

Increasing

134) By whom is Agricultural Income Tax assigned to the State Governments

By the Constitution of India

135) RBI issues currency notes under the Fixed Minimum Reserve system

136) A part of National Debt known as External dept is the amount. Borrowed by its government from abroad

137) According to Kenz consumption function shows relation between. Total consumption and Total income

138) Which is the ‘Slack Season’ in the Indian Economy

Jan -June

139) Who is most benefitted from inflation

Debtors

140) When was the decimal system of currency introduced in India

1957

141) As per latest data in urban areas women employment is highest in which industry areas

Retail Trade

142) On which do Companies pay Corporation Tax

Incomes

143) By which is National income of India compiled

Central Statistical Organization

144) Which is not a direct tax

Tax on entertainment

145) What is the Planning Commission

An Advisory body

146) Which state ranks first in terms of the maximum number of agro-based industries

Punjab

147) To meet the growing needs for coins in the country, where does the Government propose to set up another mint

Noida

148) Where is the headquarter of World Trade Organization

Geneva

149) Who are Debenture holders of a company

Its creditors

150) By whom was the first attempt to initiate economic planning in India made

By M. Visvesvaraya

151) With whose assistance was Bokaro Steel Limited established

Soviet Union

152) What is the principal source of revenue to the State Government in India

Sales Tax

153) According to the law of demand, what happens when price increases

Demand decreases

154) When money supply increases the LM curve

Shift towards right

155) Theory of “Maximum Social Theory” for Public finance was given by Delton

156) The process of organizing business-pact between group of countries is called As Trading bloc

157) “Gold Bullion Standard” is related to

To check that there is no tariff on import & export of gold

158) With other factor Constant, the demand of any product is decreased by. Increase in price of that product

159) Which persons was awarded the first Rajeev Gandhi Khel Ratna award

Vishwanathan Anand

160) Who is called as the Flying Sikh of India

Milkha Singh