WBCS Prelims 2016 Indian Economy Question and Solution

INDIAN ECONOMY QUESTION AND SOLUTION(QUIZ)-WBCS PRELIMS 2016

   In West Bengal Civil Service (WBCS) Preliminary Examination 2016, total 10 questions was asked from Indian Economy.

1. India took Annual Plans from—

[A]  1969-1971

[B]  1966-1969

[C]  1968-1970

[D] None of the above

Correct Answer

Correct Answer: [B]  1966-1969

2. The Planning Commission of India had introduced the decentralized planning in the country for the first time in India during_______ Five Year Plan.

[A]  Sixth

[B]  Seventh 

[C]  Tenth

[D] None of the above

Correct Answer

Correct Answer: [D] None of the above

3. During first five year Plan the national income was increased by –

[A]  5%

[B]  10%

[C]  18%

[D] None of the above

Correct Answer

Correct Answer: [D] None of the above

4. NITI Aayog is set up by :

[A]  A resolution by Union Cabinet

[B]  Amending the Constitution of India

[C]  Both [A] and [B]  

[D] Neither [A] nor [B]

Correct Answer

Correct Answer: [A]  A resolution by Union Cabinet

5. National Development Council was set up in:

[A]  1950

[B]  1951

[C]  1952

[D] 1954

Correct Answer

Correct Answer: [C]  1952

6. The planning of DVC was designed following which of the foreign planning project?

[A]  AFC

[B]  TVA

[C]  DDC

[D] None of the above

Correct Answer

Correct Answer: [B]  TVA

7. How many Finance Commissions have submitted Reports so far?

[A]  Nine

[B]  Ten

[C]  Eleven

[D] Twelve

Correct Answer

Correct Answer: [D] Twelve

Notes: In December 2014, 14th Finance Commission had submitted its report to the President Pranab Mukherjee.

 

8. Any money bill cannot be introduced in the Parliament without the consent of the :

[A]  Prime Minister of India       

[B]  Speaker of the Parliament 

[C]  President of India        

[D] Union Finance Minister

Correct Answer

Correct Answer: [C]  President of India        

9. The biggest ship-building yard of India is :

[A]  Garden Reach Workshop, Kolkata

[B]  Hindustan Shipyard, Vishakhapatam

[C]  Mazagaon Dock, Mumbai

[D] Cochin Shipyard, Kochi

Correct Answer

Correct Answer: [D] Cochin Shipyard, Kochi

10. Which of the following taxes is within the jurisdiction of the Central Government?

[A]  Corporation Tax        

[B]  Professional tax        

[C]  Land Revenue        

[D] Excise on alcoholic liquors

Correct Answer

Correct Answer: [A]  Corporation Tax