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Indian Economy

Indian Economy
The number of finance commissions set up upto now is:

13
15
16
14

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Indian Economy
The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of

15 to 20 percent
25 to 30 percent
30 to 55 percent
20 to 25 percent

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Indian Economy
As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:

8.2% in 2011-12
8.5% in 2011-12
8.0% in 2011-12
7.8% in 2011-12

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Indian Economy
The annual yield from which of the following Union Government taxes is the highest?

Custom duties
Excise duties
Inheritance tax, wealth tax, interest tax and gift tax
Corporation tax and income tax

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Indian Economy
Revenue of the state governments are raised from the following sources, except

entertainment tax
agricultural income tax
land revenue
expenditure tax

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Indian Economy
Paper currency first started in India in

1862
1861
1863
1867

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