Exercise 1
Dr. Lal and Jain English, Quantitative Aptitude, English, Computer Knowledge Solutions for Exercise 1
Simple step-by-step solutions to Exercise 1 questions of Economics from Railway Recruitment Board Computer Based Test. Also get 3D topic explainers, cheat sheets, and unlimited doubts solving on EMBIBE.
Questions from Exercise 1 with Hints & Solutions
Credit control operation in India is performed by:
(A) Rural Banks.
(B) Commercial Banks.
(C) Reserve Bank of India.
(D) State Bank of India.
Which of the following is a direct tax?
(A) Entertainment tax
(B) Wealth tax
(C) Excise duty
(D) Service tax
A tax that takes away a higher proportion of one's income as the income rises is termed as:
(A) Progressive tax
(B) Proportional tax
(C) Regressive tax
(D) Indirect tax
Which of the following items is not exported by India?
(A) Readymade garments
(B) Wool
(C) Footwear
(D) Silk Apparel
Who is Chairman of Tax Administration Reform Commission, constituted by the Union Government?
(A) Urjit Patel
(B) Y.B. Reddy
(C) C. Rangaraja
(D) Parth Sarathy
Which of the following state has been announced as 'a state of total organic' farming?
(A) Sikkim
(B) Karnataka
(C) Kerala
(D) Punjab
Biggest component of subsidy payments in India is:
(A) Food subsidy
(B) Petroleum subsidy
(C) Fertilizers subsidy
(D) Interest subsidy
Rurban Mission has been named after:
(A) Deendayal Upadhyay
(B) Nanaji Deshmukh
(C) Shyama Prasad Mukherji
(D) Atal Bihari Vajpayee
