Economic Survey of India Quiz for RBI Grade B

Dear aspirants,
We are presenting you the Economic Survey of India Quiz for RBI Grade B from Economic and Social Issues Section of the exam. Before going through the quiz we will recommend you to read the Economic Survey of India

1. What is the trend of share of taxes in case of developed countries?
   1. Share of Direct taxes is more than indirect taxes
   2. Share of Indirect taxes is more than indirect taxes
   3. Both direct and indirect taxes contributes equally towards total taxes
   4. None of these
2. What percentage of total revenue comes from direct taxes by second tier government of states in India?
   1. 10%
   2. 8%
   3. 6%
   4. 5%
3. Which amendment to Indian constitution has recognized panchayats as institutions of self-government?
   1. 71^st amendment to the constitution
   2. 72^nd amendment to the constitution
   3. 73^rd amendment to the constitution
   4. 74^th amendment to the constitution
4. Which amendment to Indian constitution has recognized urban local government as institutions of self-government?
   1. 71^st amendment to the constitution
   2. 72^nd amendment to the constitution
   3. 73^rd amendment to the constitution
   4. 74^th amendment to the constitution
5. Above how much population panchayats were mandated to have three tiers in the state?
   1. 15 lakh
   2. 20 lakh
   3. 22 lakh
   4. 25 lakh
6. Which of the following is the principal source of direct tax revenue for tier three governments in India?
   1. Property Tax
   2. Income Tax
   3. Entertainment Tax
   4. Inheritance Tax
7. How many headwinds have been mentioned in Economic Survey which may lead to ‘Late Convergence Stall’ in economic development of lower-middle income countries like India?
   1. 1
   2. 2
   3. 3
   4. 4
8. Which of the following is not one amongst the four headwinds that may lead to ‘Late Convergence Stall’?
   1. Hyper-globalization repudiation
   2. Thwarted/impeded structural transformation
   3. Twin balance sheet problem
   4. Climate change-induced agricultural stress
9. Which of the following is/are the main channels through which climate change would impact farm incomes?
   1. An increase in average temperatures
   2. Decline in average rainfall
   3. An increase in the number of dry-days
   4. All of these
10. Mihir Shah Committee is related to ___________?
    1. Water reforms in India
    2. Long Term Food Policy
    3. Agricultural Credit System
    4. Methodology of estimation of poverty

Answers

1. 1
2. 3
3. 3
4. 4
5. 2
6. 1
7. 4
8. 3
9. 4
10. 1

Here are few article you may also like to read:

• Union Budget 2018-19
• Economic Survey of India: Ten new facts on the Indian Economy

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