Which of the following is not a direct tax?
Answer: A
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The Indian economy is
Answer: C
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State-level financial institutions are
Answer: D
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The main functions of IFCI are -
(i) Granting loans and advances for the establishment, expansion diversification and modernisation of industries in
corporate and co-operative sectors.
(ii) Guaranteeing loans raised by industrial concerns in the capital market, both in rupees and foreign currencies.
(iii) Subscribing or underwriting the issue of shares and debentures by industries. Such investment can be held up to 7 years.
(iv) Guaranteeing credit purchase of capital goods imported as well as purchased within the country
Answer: D
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Which industry provides the largest employment in India?
Answer: B
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In context with India’s oil and gas fields consider the following.
1. Only gas Fields 2. Only Oil fields 3. Oil and gas fields.
Which among the following option gives the correct order of numbers of fields classified as above?
Answer: C
Indian oil is not only the largest commercial enterprise in the country. It is the flagship corporate of the Indian Nation. Indian oil’s world class R and D center, established in 1972, has state of the art facilities and has delivered pioneering results in lubricants technology, refining process, pipeline transportation, bio fuels and fuel efficient appliances. As on 1st April 2009, India had 402 total oil and gas fields, out of which 16 are only oil fields, 125 are only gas fields and 261 are both.
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When was the Decimal currency system introduced in India?
Answer: D
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The ICICI has been established to achieve the objectives
Answer: C
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The success of E-banking depends upon
(i) Multi-layer security system
(ii) Risk and surveillance system
(iii) Updated flawless softwares
(iv) Stringent legal framework
Answer: B
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Deflation is
Answer: A
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