51). India's progress has been reasonably satisfactory in connection with :
A). growth of per capita income |
B). reduction in inequalities |
C). reduction of unemployment |
D). growth of GNP |
|
52). among Indian Economists who had done pioneering work on National Income?
A). P.N. Dhar |
B). Jagdish Bhagwan |
C). V.K.R.V. Rao |
D). Prof. Shenoi |
|
53). Who was the chairman of National Income committee ?
A). P.C. Mahalanobis |
B). V.K.R.V. Rao |
C). D.R. Gadgil |
D). A.M. Khusro |
|
54). The recommendations of the Finance Commission are :
A). binding on the government |
B). not binding on the government |
C). generally accepted as a matter of convention |
D). accepted or rejected by the government according to the convenience |
|
55). After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the :
A). Wanchoo committee |
B). Rajah chelliah committee |
C). Raj Committee |
D). Narsimhan Committee |
|
56). Development is :
A). synonymous with economic growth |
B). narrower than economic growth |
C). wider than economic growth |
D). not related to economic growth |
|
57). In the short run, a producer continues his production as long as he covers :
A). variable cost |
B). fixed cost |
C). average cost |
D). marginal cost |
|
58). Which is the best measure of economic growth of a country?
A). GNP |
B). GDP |
C). Net revenue |
D). None of these |
|
59). A tax Which is paid by the person on whom the tax is incident is called a :
A). direct tax |
B). local tax |
C). indirect tax |
D). rate |
|
60). Rate of growth of an economy is measured in terms of:
A). per capita income |
B). national income |
C). infrastructural development |
D). persons above poverty line |
|