Q1. Which Article of the Indian Constitution deals with the Union List?
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Q2. GST was introduced in India in which year?
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Q3. Which one of the following is a direct tax?
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Q4. Fiscal deficit represents:
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Q5. Who prepares the Union Budget in India?
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Q6. The Reserve Bank of India functions as:
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Q7. Which is the largest contributor to India’s GDP?
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Q8. What is the term “GDP”?
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Q9. Which of the following is NOT a revenue expenditure?
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Q10. Which article defines the Union List?
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Q11. Who is the Chief Economic Adviser to the Government of India?
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Q12. Which is a commonly used financial indicator to measure inflation?
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Q13. Which Indian state contributes the maximum to the national economy?
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Q14. Which government scheme aims at financial inclusion in rural India?
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Q15. Fiscal Policy involves:
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Q16. Which of the following is an indirect tax?
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Q17. The “Economic Survey of India” is presented before:
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Q18. Which organisation rates the public debt of India?
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Q19. Which is NOT a money market instrument?
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Q20. The base year for calculating GDP in India is:
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Q21. “Monetary Policy” in India is formulated by:
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Q22. Which Mayer Framework relates to fiscal federalism?
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Q23. Which tax is levied on goods manufactured in India?
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Q24. Which is the largest source of revenue for the Indian government?
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Q25. “Balance of Payments” includes:
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Q26. The “Golden Quadrilateral” project is related to:
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Q27. Which financial institution provides long-term finance for agriculture?
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Q28. Which organisation releases the “World Economic Outlook” report?
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Q29. GST replaced which of the following indirect taxes?
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Q30. Which Article in Indian Constitution deals with the Finance Commission?
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