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Which one of the following is not an industrial finance institution?
Answer: Option [D]The correct answer is NABARD. NABARD is a development Bank of the Nation for Fostering Rural Prosperity.
Answer: Option [D]The correct answer is NABARD. NABARD is a development Bank of the Nation for Fostering Rural Prosperity.
Answer: Option [A]The largest source of revenue to the Union Government is Central Excise Duty. Income Tax (corporate and non-corporate combined) contribute about 56 per cent of tax revenue of India. But, income tax, apart from agricultural income is shared between the Union and states. Among the given options, Excise duty is the chief and single largest source of revenue income.
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Answer: Option [C]The correct answer is Reserve Bank of India. The Reserve Bank of India (RBI) is India's central banking institution, which controls the issuance and supply of the Indian rupee.
Answer: Option [D]The correct answer is Agricultural Income Tax. Agricultural income is exempted from taxation and not included under total income. The Central Government cannot impose or levy tax on agricultural income. The exemption clause is mentioned under Section 10 (1) of the Income Tax Act of India. However, state governments can charge agricultural tax.
Answer: Option [C]The correct answer is Regulation of International Trade.
Answer: Option [A]The best example of a capital intensive industry in India is Steel Industry. Capital intensive industry refers to an industry that requires a substantial amount of capital for the production of goods. In capital intensive industries, the proportion of capital involved is much higher than the ratio of labor. This is because the industrial structure and industry type require high value investments in capital assets.
Answer: Option [B]The correct answer is Pension. National income is the monetary value of all goods and services produced by nationals of a country. All incomes earned through productive activities are included in the national income. Income earned through unproductive activities is not included in it. So, pension is not included while calculating national income.
Answer: Option [B]The correct answer is Dr. A.P.J. Abdul Kalam. PURA model to eradicate rural poverty was advocated by Dr. A.P.J. Abdul Kalam, theformer president of India. In PURA model (Provision of urban amenities to rural areas) he discussed about the development of the rural development in India.
Answer: Option [C]The main difference between Gross Domestic Product (GDP) and Gross National Product (GNP) is Net foreign income from abroad. The difference between GDP and GNP is NFIA.NFIA stands for net factor income from abroad. It is the income earned by the normal residents of a country from the rest of the world in the form of wages, salaries, rent, interest, dividends, etc. Net factor income from abroad is deducted from net factor income paid to abroad.
Answer: Option [B]The Community Development Programme was launched in the year 1952. On October 2, 1952, The Community Development Program was launched in India, on the birthday of Mahatma Gandhi. It was recommended by the Fiscal Commission (1949) and the Grow More Food Enquiry Committee (1952).
