The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organi-sation) (4) None of these

1 Answer

Answer :

The NSSO (National Sample Survey Organi-sation)

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Description : The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organization (4) None of these

Last Answer : (3) The NSSO (National Sample Survey Organization Explanation: The National Sample Survey Office (NSSO) in India is a unique setup to carry out surveys on socioeconomic, demographic, agricultural ... of India for collection of statistical data in the areas which are vital for developmental planning.

Description : National Sample Survey Organization(NSSO) is an organization under the ________ A. Ministry of Finance B. Ministry of Statistics C. Ministry of Commerce D. All (B) and (C) E. None of the Above

Last Answer : B. Ministry of Statistics Explanation: The National Sample Survey Organisation (NSSO), now known as National Sample Survey Office, is an organization under the Ministry of Statistics of the ... the largest organisation in India conducting regular socio-economic surveys. It was established in 1950.

Description : The standard audible capacity of a healthy human being as per World Health Organi-sation is in the range of - (1) 45-50 decibels (2) 200-250 decibels (3) 5-10 decibels (4) 2000-2500 decibels

Last Answer : (3) 5-10 decibels Explanation: Hearing range usually describes the range of frequencies that can be heard by an animal or human, though it can also refer to the range of levels. In humans the audible ... as low as 12 Hz under ideal laboratory conditions, to 20 kHz in most children and some adults.

Description : The standard audible capacity of a healthy human being as per World Health Organi-sation is in the range of (1) 45-50 decibels (2) 200-250 decibels (3) 5-10 decibels (4) 2000-2500 decibels

Last Answer :  5-10 decibels

Description : Which organization collects data for the unorganized sector? (1) NSSO (2) CSO (3) ASI (4) RBI

Last Answer : (1) NSSO Explanation: The National Sample Survey Office (NSSO) in India is a unique setup to carry out surveys on socioeconomic, demographic, agricultural and industrial subjects for collecting ... sector, covers all the residual units which are not covered under the registered manufacturing sector.

Description : Which organisation collects data for the unorganised sector ? (1) NSSO (2) CSO (3) ASI (4) RBI 

Last Answer : NSSO

Description : Which of the following has decided to block LPG subsidy and PAN of the tax defaulters? A) RBI B) SBI C) Income Tax Department D) Govt. of India E) Finance Ministry

Last Answer : C) Income Tax Department Explanation: Income Tax Department is set to block Permanent Account Number (PAN) of wilful defaulters and their LPG subsidy and take measures to ensure that they are not sanctioned loans.

Description : Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Last Answer : (2) RBI Explanation: The scheduled primary (urban) cooperative banks are required to maintain with the Reserve Bank of India an average daily balance, the amount of which should not be less than 5 per ... least 3 per cent of their total demand and time liabilities in India on clay-to-day basis.

Description : Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Last Answer : (2) RBI Explanation: The scheduled primary (urban) cooperative banks are required to maintain with the Reserve Bank of India an average daily balance, the amount of which should not be less than 5 per ... least 3 per cent of their total demand and time liabilities in India on clay-to-day basis.

Description : Scheduled Banks have to be registered with (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Last Answer : RBI

Description : Who finalises the value and volume of the notes to be printed every year? A. Independently by Ministry of Finance B. Independently by Ministry of Government of India C. Committee of Bank Heads D. With Mutual Consultation of the GOI and Bank Heads E. With Mutual Consultation of the RBI and GOI

Last Answer : E. With Mutual Consultation of the RBI and GOI Explanation: The Reserve Bank based on the demand requirement indicates the volume and value of banknotes to be printed each year to the ... the demand for banknotes, GDP growth, replacement of soiled banknotes, reserve stock requirements, etc.

Description : Which of the following sources of data is not based on primary data collection? (A) Census of India (B) National Sample Survey (C) Statistical Abstracts of India (D) National Family Health Survey

Last Answer : (C) Statistical Abstracts of India

Description : Banking Code & Standards Board of India(BCSBI) set up by ________ A. SEBI B. Ministry of Finance C. RBI D. GOI

Last Answer : C. RBI Explanation: The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India. The board oversee compliance with the ―Code of Bank‘s Commitment to Customers‖

Description : Who prepared the first estimate of National Income for the country? (1) Central Statistical Organisation (2) National Income Committee (3) Dadabhai Naoroji (4) National Sample Survey Organisation

Last Answer : (3) Dadabhai Naoroji Explanation: Dadabhai Naoroji prepared the first estimates of National income in 1876. He estimated the national income by first estimating the value of agricultural production ... nonagricultural production. However, such method can only been called as a non-scientific method.

Description : Who prepared the first estimate of National Income for the country ? (1) Central Statistical Organisation (2) National Income Committee (3) Dadabhai Naoroji (4) National Sample Survey Organisation 

Last Answer : Dadabhai Naoroji

Description : Rural Infrastructure Development Fund (RIDF) was instituted by which of the following? a. NABARD b. RBI c. Finance Ministry d. Ministry of Home Affairs e. None of the above

Last Answer : a. NABARD

Description : Ad Valorem tax is levied - (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Last Answer : (3) according to value given by producers Explanation: An ad valorem tax (Latin for "according to value") is a tax based on the value of real estate or personal property. It is more ... difficulty with such taxation, especially in the case of tariffs, is in establishing a satisfactory value figure.

Description : Ad Valorem tax is levied (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Last Answer : according to value given by producers

Description : Buffer stock operations are conducted by - (1) Warehousing Corporation of India (2) State Trading Corporation of India (3) Food Corporation of India (4) Ministry of Agriculture

Last Answer : (3) Food Corporation of India

Description : Buffer stock operations are conducted by (1) Warehousing Corporation of India (2) State Trading Corporation of India (3) Food Corporation of India (4) Ministry of Agriculture 

Last Answer : Food Corporation of India

Description : Who conducts periodical sample survery for estimating poverty line in India? (a) National Survery Organisation (b) National Sample Survery Organisation (c) National Sample Survey Organisation (d) None of the above.

Last Answer : (b) National Sample Survery Organisation

Description : The task of collecting data in all the three sectors of the economy is done by which organization: (a) NSSO (b) BPO (c) KPO (d) UNDP

Last Answer : (a) NSSO

Description : Who is authorized to issue coins in India? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank

Last Answer : (2) Ministry of Finance Explanation: Coins may be coined at the Mint for issue under the authority of the Central Government, (of such denominations not higher than one hundred rupees), such ... the Ministry of Finance and bears the signature of the secretary. All currency notes are legal tender.

Description : Who is authorised to issue coins in India ? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank

Last Answer : Ministry of Finance

Description : Which of the following is an example of a government transfer payment? (a) Purchase of a new car for the Ministry of Finance ; (b) Funding of a clinic to provide free vaccinations. ; (c) Free food coupons issued to persons in an anti-poverty program. ; (d) Funding of a new bridge in an urban area

Last Answer : (c) Free food coupons issued to persons in an anti-poverty program. ;

Description : What government ministry is responsible for the collection of taxes in the Bahamas?

Last Answer : Need answer

Description : "he national income consists of a collection of goods and services reduced to common basis by being measured in terms of money,"— Who says this? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou

Last Answer : (3) Hicks Explanation: British economist John Hicks said that National income is a collection of goods and services reduced to a common basis by being measured in terms of money. Hicks ... macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory.

Description : “The national income consists of a collection of goods and services reduced to common basis by being measured in terms of money.”–– Who says this ? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou

Last Answer : Hicks

Description : The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called - (1) trickle down Hypothesis (2) trickle up hypothesis (3) U shaped hypothesis (4) poverty estimation hypothesis

Last Answer : (1) trickle down Hypothesis Explanation: According to the trickle down hypothesis the rapid growth of per capita income will be associated with a reduction in poverty. In India, this ... institution reform will reduce the incidence of poverty in the context of agricultural development in India.

Description : The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called (1) trickle down Hypothesis (2) trickle up hypothesis (3) U shaped hypothesis (4) poverty estimation hypothesis

Last Answer : trickle down Hypothesis

Description : n the previous three years, four studies have been conducted on the characteristics of Tyrone Brick's clients. As the firm seeks to put together a report showing trends in this area, it has a ... to need: A)a marketing research manager B)a marketing databank C)survey research D)primary data

Last Answer : B)a marketing databank

Description : All of the following are common characteristics of experimental research except: a. It relies primarily on the collection of numerical data b. It can produce important knowledge about cause and ... uses the deductive scientific method d. It rarely is conducted in a controlled setting or environment

Last Answer : d. It rarely is conducted in a controlled setting or environment

Description : The third stage of Resource Planning involves ? (a) Identification and inventory of resources. (b) Matching the resource development plan with overall National Development plan. (c) ... with appropriate technology. (d) Qualitative and quantitative estimation and measurement of the resources.

Last Answer : (b) Matching the resource development plan with overall National Development plan.

Description : Which one of the following authorities recommends the principles governing the grants-in-aid of the revenues to the states out of the consolidated fund of India? (1) Finance Commission (2) Inter-State-Council (3) Union Ministry of Finance (4) Public Accounts Committee

Last Answer : (1) Finance Commission Explanation: Finance commission recommends the president on the principle that should govern the grants-in-aid to the states by the centre.

Description : Which authority recommends the principles gov erring the grantsin-aid of the revenues of the States out of the Consolidated Fund of India? (1) Public Accounts Committee (2) Union Ministry of Finance (3) Finance Commission (4) Inter-State Council

Last Answer : (3) Finance Commission Explanation: The Finance Commission makes recommendations to the President regarding the principles governing the grants-in-aid of the revenues of 'the States out of the Consolidated ... for purposes other than those specified in the provisos to clause (1) of that article.

Description : Who is the signatory on the Indian currency notes in denomination of two rupees and above? (1) Secretary, Reserve Bank of India (2) Finance Secretary, Minister of Finance (3) Governor, Reserve Bank of India (4) Finance Minister, Ministry of Finance

Last Answer : (3) Governor, Reserve Bank of India

Description : The “Report on Currency and Finance” for each of the financial year in India is published by : (A) Reserve Bank of India (B) Ministry of Finance (C) Planning Commission (D) Central Statistical Organization

Last Answer : Answer: A

Description : What things are taken into consideration while revising the poverty line periodically? a) By conducting a survey every five years b) National Sample Survey Organisation carry out the survey c) Both a and b are taken into consideration d) None of the above

Last Answer : Answer- c

Description : Survey of India is under which ministry? -Do You Know?

Last Answer : answer:

Description : Who prepares the topographical maps of India? (1) Geological Survey of India (2) Survey of India (3) Defence Ministry (4) Geographical Survey of India

Last Answer : (2) Survey of India Explanation: For most part of India, topographic maps are available which are prepared by the Survey of India. To identify a map of a particular area, a map numbering system has been adopted by Survey of India.

Description : The Archaeological Survey of India is an attached office of which Department/ Ministry?

Last Answer : Culture

Description : Who prepares the topographical maps of India ? (1) Geological Survey of India (2) Survey of India (3) Defence Ministry (4) Geographical Survey of India

Last Answer :  Survey of India

Description : Which of the following agencies in India is responsible for computation of national income? A. NCAER B. CSO C. NSS D. RBI E. None of the Above

Last Answer : B. CSO Explanation: The Central Statistical Office which is one of the two wings of the National Statistical Organisation (NSO) is responsible for coordination of statistical ... and for evolving and maintaining statistical standards. Its activities include compilation of National Accounts.

Description : 'Green Accounting' means measuring the National Income of the country taking into account estimation of – (1) the total forest area of the country (2) the destruction of forest cover of the country (3) pollution and environmental damage (4) area of reclaimed fallow land

Last Answer : (3) pollution and environmental damage Explanation: Green accounting is a type of accounting that attempts to factor environmental costs into the financial results of operations. It ... ignores the environment and therefore decisionmakers need a revised model that incorporates green accounting.

Description : ‘Green Accounting’ means measuring the National Income of the country taking into account estimation of (1) the total forest area of the country (2) the destruction of forest cover of the country (3) pollution and environmental damage (4) area of reclaimed fallow land 

Last Answer : pollution and environmental damage 

Description : Open market operations of RBI refer to buying and selling of - (1) Commercial bills (2) Foreign exchange (3) Gold (4) Government bonds

Last Answer : (4) Government bonds Explanation: OMOs are the market operations conducted by the Reserve Bank of India by way of sale/ purchase of Government securities to/ from the market with an objective to ... are tight, the RBI will buy securities from the market, thereby releasing liquidity into the market.

Description : Government takes 'ways and means advances' from - (1) RBI (2) IDBI (3) SBI (4) ICICI

Last Answer : (1) RBI Explanation: Ways and means advances (WMA) is a mechanism used by Reserve Bank of India (RBI) under its credit policy by which provides to the States banking with it to help ... WMA both to the Central and State governments. It aims to bridge the interval between expenditure and receipts.

Description : Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization

Last Answer : (3) Purchase and sale of Government securities by RBI Explanation: Open Market Operation (OMO) refers to the buying and selling of government securities in the open market in order to expand or ... in the banking system. A central bank uses OMO as the primary means of implementing monetary policy.

Description : The RBI can decrease the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Last Answer : a) selling government securities

Description : The RBI can increase the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Last Answer : b) buying government securities