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Nature of Indian Economy TNPSC Group 1 Questions
TNPSC Group 1 SYLLABUS
Indian Economy
Nature of Indian Economy
Five Year Plan Models-An Assessment
Planning Commission and Niti Ayog
Sources of revenue
Reserve Bank of India
Fiscal Policy and Monetary Policy
Finance Commission
Resource sharing between Union and State Governments
Goods and Services Tax
Structure of Indian Economy and Employment Generation
Land reforms and Agriculture
Application of Science and Technology in agriculture
Industrial growth
Rural welfare oriented programmes
Social problems-Population, education, health, employment, poverty
Nature of Indian Economy MCQ Questions
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13.
Which of the following is a non-economic determinant of economic growth ?
A.
Capital formation
B.
entrepreneurial ability
C.
technological advance
D.
social institutions
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ANSWER
:
D. social institutions
14.
Octroi refers to
A.
Tax
B.
Agriculture
C.
Industry
D.
none of these
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ANSWER
:
A. Tax
15.
In a developing economy, ___________ plays a role
A.
no taxation
B.
regressive taxation
C.
progressive taxation
D.
proportional taxation
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ANSWER
:
C. progressive taxation
16.
What are the hurdles in the growth of Indian Economy?
A.
Laziness
B.
Lack of technical Knowledge
C.
Population, inadequate oversease trade
D.
Lack of experience
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ANSWER
:
C. Population, inadequate oversease trade
17.
One of the basic characteristics of an under-developed economy is
A.
70% to 90% of the population is engaged in agriculture
B.
High rate of investment
C.
Low Population
D.
None of these
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ANSWER
:
A. 70% to 90% of the population is engaged in agriculture
18.
The modern State is
A.
Laissez-faire state
B.
Aristocratic state
C.
Welfare State
D.
Industrial state
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ANSWER
:
C. Welfare State
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