Civilsdaily
Economics
Assertion (A): For the first time, India had no trade deficit in the year 2002-03. Reason (R): For the first time, India’s exports crossed worth $50 billion in the year 2002-03.
(a)
Both A and R are true, and R is the correct explanation of A.
(b)
Both A and R are true, but R is NOT the correct explanation of A.
(c)
A is true, but R is false.
(d)
A is false, but R is true.
(A)
Assertion (A): India does not export natural rubber. Reason (R): About 97% of India’s demand for natural rubber is met from domestic production.
Which among the following National Highway routes is the longest?
Agra – Mumbai
Chennai – Thane
Kolkata – Hajira
Pune – Machilipatnam
(C)
In the last one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India?
Chemicals other than fertilizers
Services sector
Food processing
Telecommunication
(B)
Which one of the following was the largest IT software and services exporter in India during the year 2002-03?
Birlasoft
Infosys Technologies
Tata Consultancy Services
Wipro Technologies
Economics › GST
Which of the following is not a recommendation of the task force on direct taxes under the chairmanship of Dr Vijay L. Kelkar in the year 2002?
Abolition of Wealth Tax
Increase in the exemption limit of personal income to Rs 1.20 lakh for widows
Elimination of standard deduction
Exemption from tax on dividends and capital gains from the listed equity