Public Finance
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Public Finance
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25 Questions

1. Production of wheat in India increased from 6.46 million tonnes at the commencement of the First Five-Year Plan to million tonnes at the end of Seventh Five-Year Plan
2. Net factor income from abroad added to GDP gives
3. The Raj Committee (1972) probed
4. The highest sectorwise contribution to gross domestic saving comes from the
5. Which Five-Year Plan had the highest percentage of total plan outlay to be invested in health?
6. Which Five-Year Plan emphasized dependence on deficit financing for mobilization of resources?
7. Who is normally the ex-office Chairman of the Planning Commission of India?
8. The Rolling Plan concept in national planning was introduced by
9. The expenditure on civil administration has gone up markedly since independence. Which of the following is an apt reason for this increased expenditure?
10. Net National Product does not include
11. The First Five-Year Plan of India started on
12. Which of the following is not a direct tax?
13. In the past, the single largest donor to India has been
14. Which of the following is the largest contributor to the total tax revenue of the Government of India?
15. An ad valorem duty is a tax basis of
16. Which Five-Year Plan gave the first place to irrigation, in terms of percentage allocation of planned resources?
17. While recommending horizontal distribution, which of the following criterion got the least weightage by the 14th Finance Commission?
18. An amount given by a government agency or even private body to encourage a particular economic activity is a
19. MOD VAT is related to
20. A market economy is one in which
21. Revenue of the state governments are raised from the following sources, except
22. If in a year, the gross fiscal deficit of Government is ' 3,00,000 crores, revenue deficit is ' 1,50,000 crores and interest payments are ' 80,000 crores, which of the following is the primary deficit of the Government in the year?
23. The principal aim of the first Five-Year Plan was
24. The Raj Committee recommended that land revenue be replaced by
25. States earn maximum revenue through

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