General Knowledge Quiz Trivia 4

31. The highest body which approves the Five-Year Plan in India is the
(a) Planning Commission
(b) National Development Council
(c) The Union Cabinet
(d) Finance Ministry

32. Ceteris Paribus is Latin for
(a) " all other things variable "
(b) "other things increasing"
(c) "other things being equal"
(d) "all other things decreasing"

33. Who has been conferred the Dada Saheb Phalke Award (Ratna) for the year 2007?
(a) Dev Anand
(b) Rekha
(c) Dilip Kumar
(d) Shabana Azmi

34. Purchasing Power Parity theory is related with
(a) Interest Rate.
(b) Bank Rate.
(c) Wage Rate.
(d) Exchange Rate.

35. India's biggest enterprise today is
(a) the Indian Railways.
(b) the Indian Commercial Banking System.
(c) the India Power Sector.
(d) the India Telecommunication System.

36. The official agency responsible for estimating National Income in India is
(a) Indian Statistical Institute.
(b) Reserve Bank of India.
(c) Central Statistical Organisation.
(d) National Council for Applied Economics and Research.

37. Which of the following has the sole right of issuing currency (except one rupee coins and notes) in India?
(a) The Governor of India
(b) The Planning Commission
(c) The State Bank of India
(d) The Reserve Bank of India

38. In the budget figures of the Government of India the difference between total expenditure and total receipt is called.
(a) Fiscal deficit

(b) Budget deficit
(c) Revenue deficit
(d) Current deficit

39. Excise duty on a commodity is payable with reference to its
(a) production.
(b) production and sale.
(c) Production and transportation.
(d) Production, transportation and sale.


40. In the US, the President is elected by
(a) The Senate.
(b) Universal Adult Franchise.
(c) The House of Representatives.
(d) The Congress.





Answer:

31. (c)	32. (c)	33. (c)	34. (a)	35. (c)
36. (d)	37. (b)	38. (a)	39. (a)	40. (b)