MVI – (NT) – Prelim Question Paper – 2018
9. National Income is equal to
(A) Total value of goods and services produced by the nationals
(B) Sum of total consumption and investment expenditure
(C) Sum of personal income of all individuals
(D) Money value of final goods and services produced
10. The Rangarajan Committee was set up to
(A) demarcate OBC people
(B) set up norms for ascertaining poverty line
(C) fix up calorie standard
(D) fix up consumption goods for the poor
11. ‘Swavalamban’ scheme is devised for
(A) pension to the workers
(B) pension to the labour of the unorganised sector
(C) pension to marginal peasants
(D) pension to the agricultural labour
12. At present nuclear power generation capacity contributes
(A) 1% of the total electricity generation
(B) 3% of the total generation of power
(C) 2% of the total generation of power
(D) 5% of the total generation of power
13. Which one of the following is most inflationary in its effect in India?
(A) Repayment of public debt
(B) Borrowing from the public to finance budget deficit
(C) Borrowing from the banks to finance budget deficit
(D) Creating new money to finance budget
14. The South Asia Free Trade Area Agreement was signed on January 6, 2004 in
(A) Islamabad
(B) Kathmandu
(C) New Delhi
(D) Colombo
15. In India fiscal policy is formulated by
(A) Planning Commission
(B) Finance Ministry
(C) Finance Commission
(D) Reserve Bank of India
