WBCS Prelims 2016 Indian Economy Question and Solution


   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: [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: [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: [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: [A]  A resolution by Union Cabinet

5. National Development Council was set up in:

[A]  1950

[B]  1951

[C]  1952

[D] 1954

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: [B]  TVA

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

[A]  Nine

[B]  Ten

[C]  Eleven

[D] Twelve

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: [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: [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: [A]  Corporation Tax        

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