Group 1 Old QP

1.Saving is :
1) the major determinant of growth
2) the only determinant of growth
3) one of the determinants of growth
4) not concerned with growth

2.Which of the following descriptions does not explain VAT as per its conceptualisation?
1) It will diminish revenue buoyancy
2) It is a harmonised commodity taxation regime
3) Its effects are non-cascading
4) It is a self-enforcing system

3. Heavy Sector Strategy is associated with the name of :
1) Brahmananda
2) Mahalanobis
3) Bhagwati
4) Chakravarti

4.A stable macroeconomy contributes to global integration through the :
1) Ability to withstand shocks
2) Use of prices as signals
3) High returns from education
4) Creation of financial discipline

5.One of the key elements of India's market based developmental strategy is :
1) No Government intervention
2) Investment in physical capital
3) Integration with the global economy
4) A rapidly changing macroeconomy



6.The Comptroller and Auditor General submits his Annual Report regarding the Centre to :
1) The Prime Minister
2) The President
3) The Parliament
4) The Chairman of the Planning Commission

7.The Regional Rural Bank is a bank sponsored by :
1) Reserve Bank of India
2) Ministry of Finance
3) NABARD
4) Scheduled Commercial Bank

8.Alfred Noble is associated with the invention of :
1) Cosmic rays
2) Dynamite
3) Dynamo
4) Penicillin

9.The period of revolution of a geostationary satellite is :
1) 365 days
2) 30 days
3) 1 day
4) 12 hours

10. Permanent hardness of water is due to the presence of :
1) Calcium sulphate
2) Calcium bicarbonate
3) Sodium bicarbonate
4) Magnesium bicarbonate