General Knowledge on Indian Economy

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261. Which of the folowing is not required while computing Gross National Product (GNP)? A. Net foreign investment B. Private Investment C. Per capital income of citizens D. Purchase of goods by government Check Answer \| Discussion 262. Gross National Income is always more than Net National Income becouse it includes? A. foreign income B. capital consumption allowance C. indirect taxes D. direct taxes Check Answer \| Discussion 263. The headquarters of OPEC (Organisat ion of Petroleum Countries) are at A. Vienna B. Kuwait City C. Algeria D. Tehran Check Answer \| Discussion 264. The difference between the GNPand NNP is equal to A. direct tax revenue B. indirect tax revenue C. capital depreciation D. None of the above Check Answer \| Discussion 265. A tax which is paid by the person on whom the tax is incident is called a A. local tax B. indirect tax C. direct tax D. rate Check Answer \| Discussion 266. Which of the following taxes is not levied by the Union Government? A. Wealth Tax B. Excise Duty C. Profession Tax D. Income Tax Check Answer \| Discussion 267. Temporary tax levied to obtain additional revenue is called A. rises B. falls C. remains constant D. Can be any of these Check Answer \| Discussion 268. Most important source of capital formation in India has been A. household savings B. public sector savings C. government revenue surpluses D. corporate savings Check Answer \| Discussion 269. To which sector is maximum weightage assigned in the index of industrial production? A. Manufacturing B. Mining and Quarrying C. Electricity D. All are equal Check Answer \| Discussion 270. Debenture holders of a company are its A. creditors B. shareholders C. debtors D. directors Check Answer \| Discussion
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General Knowledge on Indian Economy

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