Description : From which fund can the unanticipated expenditure be met without the prior approval of the Parliament? (1) Consolidated Fund of India (2) Contingency Fund of India (3) Vote-on-Account (4) From the Treasury
Last Answer : (2) Contingency Fund of India Explanation: A contingencies fund or contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises. The Contingency Fund of India established ... Fund is subsequently obtained to ensure that the corpus of the Contingency Fund remains intact.
Description : Pick up the correct statement from the following: (A) The estimated value of the work excluding the amount for contingencies, work charged establishment, tool and plants, is called work value (B ... for incurring an expenditure on the work, is called administrative approval (D) All the above
Last Answer : (D) All the above
Description : . Which body of the Government of India regulates GM research and safety of introducing GM organisms for public services? (a) Genetic Engineering Approval Committee (b) Research Committee on Genetic Manipulation (c) Bio-safety committee (d) Indian Council of Agricultural Research
Last Answer : (a) Genetic Engineering Approval Committee
Description : No Money bill can be introduced in the Lok Sabha without the prior approval of the (1) Vice-President (2) President (3) Prime Minister (4) Finance Minister
Last Answer : (2) President Explanation: The money bill originates only in the Lok Sabha. No money bill can be introduced in the Lok Sabha without the prior approval of the president.
Description : No Government Expenditure can be incurred in India except with the sanction of (1) the Parliament (2) the Prime Minister (3) the President (4) the Supreme Court
Last Answer : (1) the Parliament Explanation: Legislative prerogative over taxation, legislative control over expenditure and executive initiative in financial matters are some of the fundamental principles of the system of ... year, cause to be laid before Parliament, Annual Financial Statement (article 112).
Description : If there is dispute between Panchayat and Cantonment Board, who will decide finally? (1) Collector, subject commissioner (2) Divisional Commissioner, subject to approval of Panchayat and Rural ... to approval of State Government (4) State Government, Subject to approval of central Government
Last Answer : (4) State Government, Subject to approval of central Government Explanation: State Government, subject to approval of Central Government can decide the dispute between Panchayat and Cantonment Board.
Description : When a specific approval from Director general for investigation is needed for a claims to arrears of pay to Government official ? a. Claims more than six year b. Claims more than one year c. Claims more than two year
Last Answer : a. Claims more than six year
Description : How can I update flash player without administration approval?
Last Answer : Go into the user section of control panel in the admin account and make yours an administrator one.
Description : It is impossible to establish a bank in Bangladesh without the approval of any bank ?
Last Answer : It is impossible to establish a bank in Bangladesh without the approval of Bangladesh Bank.
Description : How to get an AdSense approval without hosting and top-level domains?
Last Answer : Adsense will always approve blogs as long as they meet the requirements. On their site, it is stated that a blog that is hosted in India or China will need 6 months ownership before they can be approved. ... if you follow these steps. No need to have a top-notch blog you can still be approved.
Description : If Cuba were to enter into a trade agreement with an Asian country in 1903 without US approval what would be violated?
Last Answer : Need answer
Description : can someone garnish your wages without you or your employers approval and is not a court order?
Last Answer : Usually, this isn't possible, but there is something called "administrative wage garnishment" where student loan payments can be garnished without your consent and without a court order.
Description : Which list has properties which may not be struck under any circumstances without a commander's approval?
Last Answer : No-Strike List (NSL)
Description : An ordinance issued by the Governor, without the approval of the State Legislature shall be effective for a period of – (1) Six months (2) Six weeks (3) One year (4) One month
Last Answer : (2) Six weeks Explanation: The Governor has the power of making ordinances during the recess of the legislature to meet some emergency. A Governor's Ordinance ceases to operate six weeks after the reassembly of the legislature if not disapproved by the state legislature.
Description : After declaration of financial emergency by the President, what is the period of operation without approval by the Parliament— Two Months
Last Answer : The United Kingom consists of which countries?
Description : After declaration of financial emergency by the President, what is the period of operation without approval by the Parliament— (A) Three Months (B) Four Months (C) Two Months (D) One Month
Last Answer : (C) Two Months
Description : __________ involves giving frontline employees the authority and responsibility to make marketing decisions without seeking the approval of a supervisor. A)Benchmarking B)Internal marketing C)Total quality management D)Empowerment
Last Answer : D)Empowerment
Description : Which of the following is a characteristic of a firewall? a. Examines each message as it seeks entrance to the network b. Blocks messages without the correct markings from entering the network c. Detects computers communicating with the Internet without approval d. All of the above
Last Answer : d. All of the above
Description : Besides representation, the Parliament of India is also a deliberative body with diverse functions. Which one among the following is not a function of the Parliament of India? (1) Ventilating ... (3) Holding the government accountable for its actions and expenditure (4) Amending the Constitution
Last Answer : (2) Executing major policy decisions Explanation: Our Parliamentary system blends the legislative and the executive organs of the State in as much as the executive power is wielded by a group of Members of the Legislature who command majority in the Lok Sabha.
Description : Which of the following is the biggest head of non-plan expenditure of Government of India? (1) Interest payments (2) Subsidies (3) Defence (4) Salaries and Wages
Last Answer : (1) Interest payments Explanation: The central government expenditure itself is divided into two parts -plan expenditure and non-plan expenditure. Non Plan Expenditure is money that's spent on ... etc. Interest Payments and Debt Servicing comprise more than 30 per cent of this expenditure.
Description : When there is a difference between all receipts and expenditure of the Government of India both capital and revenue it is called __________ A. Revenue Deficit B. Budgetary Deficit C. Zero Budgeting D. Trade Gap E. Balance of Payment Problem
Last Answer : B. Budgetary Deficit Explanation: Budgetary deficit is the difference between all receipts and expenses in both revenue and capital account of the government.If revenue expenses of the government ... leads to capital account deficit. Budgetary deficit is usually expressed as a percentage of GDP.
Description : What is the period within which a proclamation of national emergency made by the President is to be placed before each house of the Parliament for approval? (1) within one month (2) within two months (3) within four months (4) within six months
Last Answer : (1) within one month Explanation: The President of India has the power to declare three types of emergency. They are National Emergency, State Emergency and Financial Emergency. A proclamation ... passed within one month of Lok Sabha being reconstituted; otherwise the proclamation will be invalid.
Description : Re-employment of persons who resigned, absconded or were dismissed should be made on special ground previous approval of the a) Head of the circle b) Min of IT c) DG Post d) PMG
Last Answer : c) DG Post
Description : Which is the main sector of government expenditure ?
Last Answer : Defense is the main sector of government expenditure.
Description : What are the components of government expenditure?
Description : The policy that deals with the tax and expenditure policies of the Government is called – (1) Monetary Policy (2) Fiscal Policy (3) Credit Policy (4) Budgetary Policy
Last Answer : (2) Fiscal Policy Explanation: In economics and political science, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The ... are government taxation and changes in the level and composition of taxation and government spending.
Description : The sale proceeds of Government Bonds come under the budget head of - (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts
Last Answer : (4) Capital Receipts Explanation: Capital receipts are the funds received into the businesses that are not part of the operating activities of the establishment. Capital receipts primarily include external ... furniture, investment (long term) etc., which shall not be occurring all the time.
Description : Inflation can be checked by - (1) increasing exports (2) increasing money supply (3) increasing Government expenditure (4) decreasing money supply
Last Answer : (4) decreasing money supply Explanation: The technical and most often used way to control inflation is by tightening the money supply. The logic goes that when people do not have excess money, ... . Most central banks use high interest rates as the traditional way to fight or prevent inflation.
Description : Which of the following is not included in the National Income? (1) Imputed rent of owner-occupied houses (2) Government expenditure on making new bridges (3) Winning a lottery (4) Commission paid to an agent for sale of house
Last Answer : (3) Winning a lottery Explanation: National income is the total value a country's final output of all new goods and services produced in one year. Transfer payments are not a ... pensions, charity, scholarships etc. Privatesector transfers include charitable donations and prizes to lottery winners.
Description : Investment and savings are kept equal through a change in the level of - (1) Consumption (2) Investment (3) Government expenditure (4) Income
Last Answer : (1) Consumption Explanation: Desired savings are kept equal to desired investment by responses to interest rate changes. Savings identity or the savings investment identity is a concept in ... brings savings and investment into balance without any intention by business to increase investment.
Description : Multiplier process in economic theory is conventionally taken to mean: (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases
Last Answer : (3) income of an economy grows on account of an initial investment Explanation: In economics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in ... of the U.S. money supply, and MO as a measure of the U.S. monetary base.
Description : The government employee must submit his claim within -------- for reimbursement of the expenditure incurred on the Journey , if the advance has been drawn for availing LTC a. Three month b. Two month c. One month
Last Answer : c. One month
Description : Which of the following does not cause a shift in aggregate demand ? (a) Consumption (b) Government expenditure (c) Investment (d) Prices
Last Answer : (d) Prices
Description : A situation where the expenditure of the government exceeds its revenue is called
Last Answer : Budget deficit
Description : Total expenditure of the government (revenue and capital) minus revenue receipts minus loans and other capital receipts is called?
Last Answer : Fiscal Deficit
Description : While computing the actual cost of any asset falling within a block, portion of cost of asset which has been met directly by the central government or a state government or any authority under any law ... price b) Subtracted from purchase price c) Added to WDV d) Claimed as Revenue Expenditure
Last Answer : b) Subtracted from purchase price
Description : The balance of payments equals (a) The difference between household spending over earnings (b) The difference between government expenditure over its income © A measure of the value of economic ... a country and rest of the world (d) The difference between inflation and unemployment.
Last Answer : © A measure of the value of economic transactions between residents of a country and rest of the world
Description : Which of the following is least likely to influence the timing of new business births? A. Government policies. B. Profitability. C. Consumer expenditure. D. Weather conditions.
Last Answer : D. Weather conditions.
Description : Fical policy refers to the policy of government regarding taxtation public expenditure and ____. A. public debt. B. budgets. C. policies. D. deposits.
Last Answer : B. budgets.
Description : The …………………………….. measurement method of national income aggregates all the money spent by private citizens, firms and the government within the year. (a) Expenditure ;(b) Income ; (c) Input ; (e) Saving
Last Answer : (a) Expenditure
Description : In general, deficit financing can create inflation, but it can be checked if. A) Government expenditure increases the aggregate supply in the aggregate demand ratio B) All the investment is indicated as payment on national debt only C) Only aggregate demand is increased D) All of the above
Last Answer : Answer: D
Description : What option does the central government does not include in development expenditure? A) Grant to States B) Expenditure on Social and Community Services C) Expenditure on Economic Services D) Defence Expenditure
Description : Which of the following can be done under conditions of financial emergency? 1. State Legislative Assemblies can be abolished. 2. Central Government can acquire control over the budget and expenditure of States. 3. Salaries of the Judges of ... 1, 2 and 3 (B) 2, 3 and 4 (C) 1 and 2 (D) 2 and 3
Last Answer : (D) 2 and 3
Description : Inflation can be checked by (1) increasing exports (2) increasing money supply (3) increasing Government expenditure (4) decreasing money supply
Last Answer : decreasing money supply
Description : The sale proceeds of Government Bonds come under the budget head of (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts
Last Answer : Capital Receipts
Last Answer : Winning a lottery
Description : Investment and savings are kept equal through a change in the level of (1) Consumption (2) Investment (3) Government expenditure (4) Income
Last Answer : Consumption
Description : Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases
Last Answer : income of an economy grows on account of an initial investment
Description : If the election of the President of India is declared void by the Supreme Court, the acts performed by President Incumbent before the date of such decision of court remain - (1) Valid (2) Invalid (3) Valid Subject to the judicial review (4) Valid Subject to the approval of the parliament
Last Answer : (1) Valid Explanation: If the election of the President of India is declared void by the Supreme Court, the acts performed by President Incumbent before the date of such decision of court remain valid.