Assam Direct Recruitment 2022 Grade-III Mock Test Series

Indian Economy MCQ Set-7

This set contains 10 multiple choice questions. One mark for each correct answer. No negative marking for incorrect answer.

1. The best indicator of economic development of any country is?

Correct! Wrong!

2. What is the currency of Myanmar?

Correct! Wrong!

3. The concept of Goods and Services Tax (GST) is originated in

Correct! Wrong!

France was the first country to implement the GST in 1954.

4. Who was the father of Operation Flood ?

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5. What kind of Tax is GST?

Correct! Wrong!

6. Via___________ the Ministry of Finance is required to review every quarter the trends in Receipts and Expenditure in relation to the Budget and place it before both Houses of Parliament.

Correct! Wrong!

7. First Regional Rural Bank came into existence in_____, and the bank was__________

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8. Industrial Finance Corporation of India (IFCI) was established in:

Correct! Wrong!

9. Which of the following statement is correct about Pradhan Mantra Kaushal Vikas Yojna?

Correct! Wrong!

10. What is the full form of SIDBI?

Correct! Wrong!

Indian Economy MCQ Set-7
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