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2012 APPSC Assistants in Labs Panchayati Raj -2012 Question paper



Course:   University/board: UPSC Examination

Do you want model question papers of AP Public Service Commission? Please find here under an original question paper of Introduction to JR. Assistants in Labs Panchayati Raj-2012 for the exam conducted by APPSC. You can download the question paper to get an idea of pattern of questions asked in Junior Assistants in question paper for Labs Panchayati Raj of APPSC.



APPSC JR. ASSISTANS IN LABs PANCHAYATI RAJ-2012
PAPER-3

1. On the lives of Panchayati Raj institutions, decentralization of planning is recommended by
1) Mahalanobis committee
2) Rangarajan committee
3) Narasimhan committee
4) Balwantrary Mehta committee
2. Which of the following is part of rural informal sector ?
1) RRBs 2) Money lender
3) NABARD 4) Commercial Bank
3. National Programme to help landless labourers
1) JRY 2) SGSY
3) RLEGP 4) IRDP
4. Panchayathi Raj Institutioons are expected to strengthen
1) Functional planning
2) Multilevel planning
3) Short-term planning
4) Perspective planning
5. What is the new name for Agricultural Prices commission ?
1) Commission for agricultural costs and prices
2) Agricultural planning commission
3) Commission for agriculture
4) Rural Price commission
6. Zero based budgeting was adopted as an important policy tool in AP in order to
1) Augment additional resources
2) Bring fiscal descriptive
3) Generate central grants
4) Increase welfare expenditure
7. The reason for decrease in cows and increase in the number of buffaloes in AP is due to
1) Mortality rate of cows is more
2) Increase in demand for milk and decrease in common grazing land
3) Increase in demand for buffalo milk compared to cow milk
4) Cows are slaughtered more
8. Chairman of AP State Planning Board
1) Prime Minister
2) Finance Minister
3) Planning Minister
4) Chief Minister
9. From which Five Year Plan, AP received full quota of allocations ?
1) I Plan 2) II Plan
3) X Plan 4) XI Plan
10. What is the actual growth rate achieved as against the projected growth rate of 6.8 in AP during X plan ?
1) 5.35 2) 7.42
3) 4.59 4) 8.36
11. In the State Domestic Product, which sector contributes a largest share
1) Agriculture sector
2) Non-Farm sector
3) Manufacturing sector
4) Services sector
12. Which sector has largest share in plan allocating in AP X Plan ?
1) Social Sector 2) Orrigation
3) Energy 4) Industry
13. Employment in Andhra Pradesh is largest
1) Unorganized and rural
2) Organized and Urban
3) Formal and industrial
40 Formal and Non industrial
14. DWCRA and DWCUA are programmes for
1) Women liberation programmes
2) Women empowerment programmes
3) Women emancipation programes
4) Women education programmes
15. PDS and ICDS are programmes for
1) Social security 2) Food security
3) Labour welfare 4) Women welfare
16. Who has pointed out that poverty ratios in AP are closer to All India ratios ?
1) Dandekar and Rath
2) Dalton and Dreze
3) Miser and Puri
4) Cleland and Wilson
17. Monsanto is the name of a firm which produces
1) Pesticides
2) Biotech products
3) Fertilizers
4) Organic fertilizers
18. Decline in grain production in AP during 2009-10 was due to
1) Unemployment
2) Agricultural indebtedness
3) Inflation
4) Draught
19. What is the method used in calculating GSDP in Tertiary sector in AP ?
1) Income method
2) Expenditure method
3) Value-added-method
4) None of the above
20. AP directorate of Economics and statistics publishes data on
1) Balance of Payments
2) Gross National Product
3) Net National Product
4) Gross State Domestic Product
21. Farmers suicides in Ap are attribued to
1) Agricultural indebtedness
2) Rural Urban migration
3) Lack of infrastructural facilities
40 Poor health facilities
22. Exessive rural urban migration can be controlled by providing
1) Rural health centres
2) Providing urban facilities in rural areas
3) Reducing disguised unemployment
4) Controlling inflation
23. Chairman of District Planning Committee
1) Chairman, Zilla Parishad
2) District collector
3) CHairman of Municipality
4) Corporation chairman
24. What is the II Five Year Plan Total outlay of AP?
1) 279.13 Cr. 2) 352.31 Cr.
3) 485.23 Cr. 4) 179.85 Cr.
25. AP Panchayat Raj Act 1994 is outcome of
1) 93 Constitutional Ammendment
2) 42 Constitutional Ammendment
3) 73 Constitutional Ammendment
4) 55 Constitutional Ammendment
26. According to United Nations, Land Reforms not only include redistribution of land but also
1) Redistribution of religions lands
2) Reforms related to agricultural credit
3) Reforms related to government lands
40 Reforms related to housing
27. In which system village land is jointly held by the village commities ?
1) Zamindari system
2) Mahalwari system
3) Ryotwari system
4) None of the above
28. Multistate Cooperative Socieities Act 2002 aims to promote
1) Limited autonomy to cooperatives
2) Centralized management of cooperatives
3) Government control and banking refinance
4) Functional autonomy and democratic management of cooperatives
29. The Hyderabad Cooperative Societies Act was passed in
1) 2004 2) 1998
3) 1968 4) 1952
30. Subsidies are also known as
1) Balance of payments
2) Tax payaments
3) Transfer payments
4) Pension payments
31. There was a gap of three years between the termination of the Third Plan and the beginning of the Fourth Plan, which is generally called a Plan Holiday. This delay, in the finalization of the Fourth Plan, was due to
1) Sharp rise in prices and the consequent erosion of resources for the plan
2) Indo-Pak conflict of 1956
3) Two successive years of drought
4) All of the above
32. Which one of the following statements is not correct ?
1) The Planning Commission was set up by an Act o Parliament
2) The Planning Commission of India is an advisory body
3) The Planning Commission makes Five Year Plans
4) The Planning Commission implements Five Year Plans
33. A perspective Plan covers a time horizon of
1) 1-2 years 2) 5 years
3) 15-20 years 4) None of the above
34. Who was the first economist to advocate a rolling plan for developing countries ?
1) A.K.Sen
2) Gurnar Myrdal
3) P.C. Mahalanobis
4) Rosenstein Roden
35. A major shift in the VIII Five Year Plan from its preceding ones is
1) THe concentration of public investment in infrastructural sectors
2) Major investment in agriculture with a view to promote exports
3) Major investment in sector in which industrial sickness has been a chronic problem
4) The significant reduction in public sector outlays
36. Match the following :
A) First Plan a) Industrialization
B) Second Plan b) Self-sufficiency
C) Fifth Plan c) Agriculture
D) Third Plan d) Removal of poverty
1) A - c, B - a, C - d, D - b
2) A - a, B - b, C - c, D - d
3) A - c, B - a, C - b, D - d
4) A - d, B - b, C - c, D - a
37. Which of the following is not correctly matched?
1) First Plan : 1952-52 to 1955-56
2) Fourth Plan : 1966-67 to 1970-71
3) Fifth Plan : 1974-75 to 1979-80
4) Sixth Plan : 1980-81 to 1984-85
38. The ex-officio chairman of the Planning Commission of India is the
1) Planning Minister
2) Prime Minsiter
3) Finance Minister
4) Governor of Reserve Bank of India
39. Major Part of the resources during VII Plan came from
1) Foreign sources
2) International institutions
3) IMF and IBRD
4) Domestic sources
40. Which plan was suspended one year before the time schedule ?
1) Fourth plan 2) First plan
3) Fifth plan 4) Sixth plan
41. How the Plan expenditure in India is being met?
1) Assistance from Aid India Club
2) Assistance of OECD countries
3) Assistance from IMF
4) Internal debt and other resources
42. What is the target of Tax - GDP ratio for the 10th Plan ?
1) 11.2% 2) 10.3%
3) 9.5% 4) 9.0%
43. The budgeting support for Tenth Five Year Plan is of
1) 60.5% 2) 55.5%
3) 65.5% 4) 50.5%
44. During Xth plan period, unemployment has
1) Increased 2) Decreased
3) Constant 4) None
45. After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the
1) Wanchoo Committee
2) Raj Committee
3) Rajah Chellaih Committee
4) Narsimhan Committee
46. In India, a tax on agricultural income can be levied by
1) Both the Central and State Governments
2) Neither the Central nor the State Governments
3) Only the State Governments
4) Only the Central Government
47. Which one of the following statements regarding Indian Agriculture is not correct ?
1) By green revolution we mean fast increase of agricultural production
2) Indian agriculture is a gamble in monsoons
3) Agriculture is a secondary industry in India
4) Consolidation of holdings has helped Indian agricutlure to grow
48. The first long-term industrial financial institution was set up in 1948. Its name is
1) IDBI 2) IFCI
3) IRCI 4) ICICI
49. The productivity of agricutlural sector is higher than of manufacturing and service sectors in countries such as
1) India and Pakistan
2) Australia and New Zealand
3) France and Germany
4) England and U.S.A.
50. Which of the following statements is not true?
1) The demand for the product made by the labour is inelastic
2) Labour costs form small proportion of total costs
3) There is full employment
4) The supply of labour saving equipment
51. The National Industries Development Corporation was set up mainly for
1) The rehabilitation and modernization of cotton textile and jute industries
2) The development of industries as a whole
3) The development o flarge - scale industries
4) Providing credit for the modernization of existing industrial units
52. In the States of India, the State Financial Corporations have given assistance mainly to develop
1) Cotton industry
2) Large scale industries
3) Medium and small scale industries
4) Agricultural farms
53. The important features of shifting cultivation is
1) Change of cultivation site
2) Cultivation by transplantation
3) Rotation of crops
4) Cultivation of leguminous crops
54. The rational entrepreneur will expand his output and select input combinations basing on
1) Input price ratio dividend by the proportionate change of marginal cost ratio
2) Input price ratio divided by the proportionate change of commodity price ratio
3) Input ratio divided by the proportionate change of marginal product ratios
4) All of the above
55. Deficit financing means
1) Government spends in excess of revenue and capital receipt to that budget deficit in incurred which is financed by borrowing from the RBI
2) Difference of total expenditure and income by revenue from all sources
3) Difference in borrowing and internal and external resources
4) Capital expenditure on items of public construction, public enterprises and public borrowings
56. Which one among the following is not a cause of backwardness of Indian agriculture ?
1) Inadequate credit availability
2) Small size of land holdings
3) Inefficiency and ignorance of the large number of farmers
4) Development of HYV of seeds
57. NABARD is a
1) Cooperative Bank
2) Subsidiary of the RBI
3) Private Bank
4) Autonomous public sector institution
58. Which one of the following is not the objective of Agricultural Price Policy ?
1) To ensure sufficient profits to the traders
2) To ensure reasonable prices to the consumers
3) To assure remunerative price to the farmers
4) To prevent sharp fluctuations in farmers income
59. The apex monetary institution of the highest authority in India is
1) Bank of India
2) Central Bank of India
3) Reserve Bank of India
4) State Bank of India
60. According to recent estimate the percentage share of agriclture and allied activities in GDP is
1) 21.0 2) 23.0
3) 22.0 4) 22.5
61. Employment potential of large and medium industries in A.P. is
1) 8.3 lakh 2) 15.3 lakh
3) 1.2 crore 4) 2.1 crore
62. Power sector in AP is characterised by
1) Surplus production
2) Transmission and distribution losses
3) High quality power
4) Atomic and solar sources
63. Andhra Pradesh has a forest cover of
1) 22.37% 2) 60.53%
3) 40.29% 4) 15.15%
64. Official poverty ratios in AP are based on
1) Rangarajan Committee Methodology
2) Raja Chelliah Committee Methodology
3) Rajamannar Committee Methodology
4) Lakadawala Committee Methodology
65. Provision of subsidies to poor will have a positive effect on
1) National income
2) Disposable income
3) Rural income
4) Panchayati income
66. In rural finance who will refinance the debt taken under micro finance?
1) RBI 2) IFC
3) IBRD 4) NABARD
67. Sickness in small scale units in AP is due to
1) Lack of government patronage
2) Availability of skilled labour
2) Unpaid bank debt
4) Fall in export demand
68. One of the following is not a member of Agricultural Marketing committee in AP
1) Farmers
2) Businessman
3) Government representative
4) Banker
69. What is the extent of subsidy given to cold storage units under capital intensive subsidy scheme ?
1) 10% 2) 25%
3) 40% 4) 35%
70. Exim park is proposed to be established at
1) Visakhapatnam 2) Kakinada
3) Ranga Reddy 4) Guntur
71. Hub of imitation jewelry is situated in
1) Visakhapatnam 2) Machilipatnam
3) Nizampatnam 4) Narsipatnam
72. Which district in AP has highest number of agricultural labourers ?
1) East Godavari 2) Mahaboob Nagar
3) West Godavari 4) Khammam
73. Which district in AP has lowest population density ?
1) Hyderabad 2) Vijayanagaram
3) Chittoor 4) Guntur
74. What is growth rate expected in A.P. XI Plan form Industry ?
1) 11% 2) 12%
3) 10% 4) 8%
75. Where in AP Biotechnology park is located ?
1) Turkapally village
2) Uppalapadu village
3) Raviryal village
4) Paravada village
76. Sirsailam Forest reserve is famous for whose conservation
1) Rhino 2) Camel
3) Tiger 4) Hippo
77. Due to high profits and export demand Paddy fields in AP are converted into
1) Wheat cultivation 2) Grape cultivation
30 Chilli cultivation 4) Shrimp cultivation
78. Which organization in AP has won I Prize in oil conservation recently ?
1) APGEKO 2) APSRTC
3) APSEB 4) APPSC
79. Which organization is providing special training to students in colleges and universities for jobs in AP ?
1) Jawahar Rozgar Yojana
2) Jawahar Knowledge centres
3) Jawahar Awas Yojana
4) Jawahar Technical centres
80. Which organization collects bills and fee for state government and municipalities
1) E-Governance 2) E-Voting
3) E-Seva 4) E-Net
81. Where is Araku valley, the tourist resort in AP located ?
1) Madanapalli 2) Rajamundry
3) Visakhapatnam 4) Warangal
82. VAMSADHARA in A.P. is the name of a
1) River 2) Lake
3) Power Industry 4) Bird Sanctuary
83. Bamboo is mostly grown in
1) Guntur 2) Ananthapur
3) Khammam 4) Prakasam
84. Marginal workers are those who
1) Work less than 6 months in an year
2) Work more than 6 months in an year
3) Work more than 9 months in an year
4) Work 10 months in a year
85. Foreign direct investment in AP is essentially in the form of
1) Replacement investment
3) Equity investment
3) Autonomous investment
4) Induced investment
86. Apart from small and marginal farmers, one of the following is also member of Rytu Mitra Group (RMG)
1) Large farmer 2) Tenant
3) Local MLA 4) Local MP
87. Name of the specialized financial institution started to finance private sector in 1955
1) IDBI 2) IFC
3) ICICI 4) LIC
88. APIDC provided maximum assistance to
1) Agriculture
2) Engineering and electrical units
3) Pharmaceuticals units
4) Textiles units
89. One of the following is not a member of Mandal Planning Committee
1) Chief Minister
2) Member of Parliament
3) MLA
4) Sc and ST members
90. ICDS is a programme for
1) Empowerment of women
2) Child development
3) Control of population
4) Improvement of social services
91. The growth of economy can be expressed by
1) Shifting production possibility curve outwards
2) Shifting production possibility curve downwards
3) Shifting production possibility curve upwards
4) Not changing the curve
92. Disguised unemployment refers to
1) Unemployment among woman
2) Unemployment of people above 60 years of age
3) Persons with no jobs
4) More persons employed for a job which less can accomplish
93. Which one of the following is not covered under the minimum needs programme ?
1) Social forestry
2) Elementary education
30 Improvement of urban slum
4) Rural water supply
94. Which one of the following is not teh objective of IRDP ?
1) It seeks to provide avenues of employment to the rural poor
2) It seeks to raise the income level of the poor above the poverty line on a lasting basis
3) Under it loans and subsidies are given to the identified poor rural families for purchase of income yielding assets
4) It seeks to geenrate employment in heavy industries
95. The term Capital - output ratio refers to
1) The productivity of capital in certain earmakred sectors of economy over a given period of time
2) The number of units of capital that are required in order to produce one unit of output
3) Return on capital
4) Rate of growth of investment
96. The Theory of Stages of Growth is associated with
1) Colin Clark 2) Simon Kuznets
3) W.W. Rostow 4) Paul Samuelson
97. Which one of the following ports ahs a free trade zone ?
1) Marmagoa 2) Kandla
3) Mumbai 4) Cochin
98. Which of the following measures is not likely to help in improving Indias balance of payments position ?
1) Imposition of higher duty on exports
2) Encouragement of import substitution
3) Imposition of higher duty on imports
4) Devaluation of the rupee
99. The economist who finds innovation as the key of development is
1) Robert Solow 2) Meade
3) Hla Myint 4) Schumpeter
100. Who advocated the view that vicious circle of poverty on the demand side of capital formation can be broken through the technique of balanced growth ?
1) R. Nurkse 2) A.O. Hirschman
3) W.W. Rostow 4) H. Leibenstein
101. Hansens theory of economic growth is known as
1) Critical Minimum theory
2) Innovation theory
3) Balanced growth theory
4) Secular stagnation theory
102. Solows model of long-run growth is a major improvement over that of
1) J.E. Meade 2) J. Robinson
3) Passinetti 4) Harrod-Domar
103. As economic growth takes place, inequalities of product per worker
1) Area reduced
2) Are aggravated
3) Remain unchanged
4) None of the above
104. According to H. Leibenstein, the "growth agents" in the process of economic development include the
A) Entrepreneur B) Investor
C) Saver D) Innovator
1) A and D 2) B and C
3) A and C 4) All
105. Saving is
1) The only determinant of growth
2) The major determinant of growth
3) One of the determinant of growth
4) Is not concerned with growth
106. One of the following is not used in measuring Human Development Index
1) Knwoledge 2) Life expectancy
3) Corruption 4) Standard of living
107. During 21st century infrastructure development is characterised by
1) Public sector participation
2) Government patronage
3) Private sector participation
4) Monopoly
108. As per 2001 census, the number of Uninhabited Villages in AP is
1) 1414 2) 26,586
3) 505 4) 10,275
109. Upto what extent canals contribute to total irrigation area in AP ?
1) 35.8 percentage
2) 38.5 percentage
3) 58.3 percentage
4) 85.3 percentage
110. Prohibition during 1990s in A.P. led to
1) Reduction in alchoholism
2) Reduction in tax revenue
3) Reduction in suicides
4) Reduction in smoking
111. Low agricultural productivity in AP is dut to
1) Low capital formation
2) Low mechanization
3) High industrialization
4) High urbanization
112. U5MR is an expression for
1) Male mortality rate
2) Female mortality rate
3) Maternal mortality rate
4) Child mortality rate
113. Vidyanadhan commitee went into the study of
1) Primary agricultural credit societies
2) Regional Rural Banks
3) Lead Bank Scheme
4) Grameen Banks
114. As per 2001 reports, where does AP stand in India with regard to Human Development Index ?
1) 11 2) 01
3) 10 4) 09
115. In permit of eradication of poverty, what health scheme was introduced in AP recently ?
1) Sarva Siksha Abhiyan
2) Arogya Sri
3) IRDP
4) Millian Wells Programme
116. What is the projected growth rate of AP in XI Plan ?
1) 6% 2) 8%
3) 7% 4) 9%
117. The primary objective of Rythu Bazar in AP is
1) Sale of quality products
2) Sale of vegetables at cheaper prices
3) Removal of Middlemen
4) Removal of restriction on sales
118. "Permanent Settlement was a feature of
1) Ryotwari system
2) Mahalwari system
3) Zamindari system
4) Traditional system
119. Crop Insurance is made by
1) Life Insurance Corporation
2) SBI Life Insurance
3) General Insurance Corporation
4) Birla Sun Life
120. "Berozgari hatao" is a slogan to
1) Removal of unemployment
2) Eradication of poverty
3) Remove illiteracy
4) Eradication of communal disharmony
121. Which one of the following is the most densely populated state of India ?
1) Bihar 2) U.P.
3) Tamil Nadu 4) Kerala
122. Which one of the following is not the objective of land reforms in India ?
1) To achieve more equitable distribution of land
2) To remove impediments to agricultural production
3) To expand state control over land
4) To achieve unequitable distribution of land
123. Which one of the following steps have been taken of make the agrarian structure growth oriented ?
1) Abolition of intermediaries
2) Consolidation of holding
3) Tenancy reforms like security of tenure, etc.,
4) All of the above
124. The rapid population growth in present day developing nations is due to their
1) Low death rate only
2) High birth rate only
3) In some cases higher while in others lower birth rate
4) High birth rate and low death rate
125. The area under forests as a per cent of total geographical area of India is
1) 18 2) 26
3) 22 4) 24
126. Which of the following is the non-economic factor for the causes of poverty ?
1) Low productivity in agriculture
2) Inequalities of income
3) Fast rise in population
4) Mass illiteracy
127. In India, population engaged in agriculture and related activities as per 2001 census is about
1) 65% 2) 72%
3) 60% 4) 62%
128. The main cause for demand pull inflation is
1) Increase in aggregate supply
2) Decrease in aggregate supply
3) Increase in aggregate demand
4) Decrease in aggregate demand
129. Which one of the following Indian States is the largest producer of natural rubber ?
1) Tamil Nadu 2) Kerala
3) Assam 4) Andhra Pradesh
130. Coastal Andhra Pradesh and Orissa often face natural disaster due to
1) Cyclones 2) Earthquakes
3) Landslides 4) Droughts
131. Harrod-Domar models of economic growth are based on the experiences of
1) Developing economies
2) Underdeveloped economics
3) Advanced capitalist economies
4) Socialist economies
132. According to Simon Kuznets, the criterion of economic growth is provided by the
1) More advanced economies and the more recent times
2) Poor economies and the ancient times
3) Petroleum - producing countries and their old history
4) None of the above
133. With economic growth there is a shift
1) Away from agriculture
2) Away from manufacturing
3) In favour of agriculture
4) Away from services
134. The economist who stressed the role of the entrepreneur in development was
1) Hirschman 2) Nurske
3) Resentein Rodan 4) Scitovskey
135. Blue Revolution is related to
1) Poultry 2) Drinking water
3) Fisheries 4) Space Research
136. Which one of the following is not among the sources of revenue for the Union ?
1) Land revenue
2) Custom duties incluidng export duties
3) Duties of excise on tobacco and other goods manufactured or produced in India, except alcoholic liquors, opium, Indian hemp and other narcotic drugs
4) Taxes on income other than agricultural income
137. Which one of the following statements regarding fiscal and monetary system in India is not correct ?
1) Reserve Bank of India is the only currency notes issuing agency
2) R.B.I. follows percentage system for issuing currency notes
3) Regional Rural Banks in India are different from the commercial banks
4) Finance Commission is appointed every 4 years byt he President of India
138. The measures M3, also known as aggregate monetary resources, has been defined by the RBI as
1) Net demand deposits plus net time deposits of banks
2) Currency held by the public plus other deposits of the RBI
3) None of these
4) All these
139. Which of the followings would not be considered a near - money ?
1) Demand deposits
2) Treasury bills
3) Saving and loan shares
4) Time deposits
140. An initial deposit of Rs. 1,000 is multiplied to Rs. 5,000 if the value of the deposit multiplier is
1) 6.0 2) 5.0
3) 4.0 4) 2.5
141. Which a as initial deposit and r as the cash reserve ratio, the general formula for deposit multiplier is
1) a x r 2) a/r
3) a/1–r 4) a/1+r
142. The supply of money is
1) A stock concept
2) A flow concept
3) Both stock as well as a flow concept
4) Neither a stock nor a flow concept
143. The fact that money that has value in a non - monetary use tends to move, if possible, to the use in which its value is higher may be referred to as
1) Pigou effect
2) Gossens law
3) Greshams law
4) Quantity theory of Money
144. High Powered Money consists of
1) Currency and demand deposits only
2) Currency, reserves and other obligations of the Central Bank
3) All the liabilities of the Commercial Banks
4) Demand and time deposit liabilities of the banks
145. The bank deposit multiplier shows
1) An inverse relationship betweent he reserve ratio and the total amount of deposits
2) Reserve ratio has nothing to do with the volume of deposits
3) An inverse relationship between the volume of currency and the volume of deposits
4) A complicated relationship between the rate of interest and money supply
146. The velocity of money is
1) The ratio of money demand to income Md/Y
2) The average turnover of money in a period, relative to that, periods national income i.e. Y/M
3) Both of these
4) None of the above
147. Inflation beneficiaries are
A) Salary - earners B) Pensioners
C) Equity-holders D) Debtors
1) A and B only 2) A, B and C only
3) A, C and D only 4) C and D only
148. "Inflation is unjust and deflation is expedient of the two, deflation is wrose". This is the view of
1) J.R. Hicks 2) J.M. Keynes
3) Marshall 4) A.C. Pigou
149. Table below indicates demand and supply of money at different rates of interest
1) Rate of Interest : 1% 2% 3% 4% 5%
Demand Rs. in crs : 0 8 5 4 3
Supply Rs. in crs : 1 3 5 7 8
The current rate of interest in the market will be
1) 5% 2) 2%
3) 4% 4) 3%
150. Which of the following taxes are levied by the Central and not divided between the Centre and States ?
A) Income tax B) Union Excise duties
C) Custom duties D) Corporation tax
1) A, C and D 2) C and D
3) A, B and D 4) B, C and D





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