Home / BANK PO MCQs / Department 116 / Page 1

39000+ Important MCQs for BANK PO

39000+ MCQs for BANK PO are available here. You can learn these questions for your better preparation. Questions are available with its correct answer. You can check the correct answer of any questions by clicking the option or show answer button.
Have a nice day and enjoy learning BANK PO MCQ Questions.

TAGs: BANK PO mcqs, important BANK PO mcqs, important BANK PO questions, BANK PO questions, mcq for BANK PO, important mcq for BANK PO, mcqs for BANK PO, mcq questions for BANK PO, mcq question for BANK PO, prepare online for BANK PO

Learn BANK PO MCQs with answers [Page 1 of Department 116]

B

Babita • 7.55K Points
Tutor III

1) States earn maximum revenue through

(A) land revenue
(B) custom revenue
(C) commercial taxes
(D) excise duties on intoxicants
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

2) Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are

(A) tax sharing
(B) grant-in-aids
(C) loans
(D) All the above
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

4) Excise duty is a tax levied on the

(A) import of goods
(B) export of goods
(C) production of goods
(D) sale of goods
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

5) In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

(A) to govern entry of new private sector banks to make the banking sector more competitive
(B) to reduce the freedom given to banks to rationalize their existing branch network
(C) to setup more foreign exchange banks
(D) to lend more easily for industrial development
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

6) Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?

(A) Reliance Energy
(B) Essar Oil
(C) GAIL
(D) ONGC
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

7) Non Tax revenues can be increased by improving the working of the

(A) State Road Transport Corporations
(B) electricity boards
(C) commercial irrigation projects
(D) All of the above
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

8) Which of the following is not viewed as a national debt?

(A) Provident Fund
(B) Life Insurance Policies
(C) National Saving Certificate
(D) Long-term Government Bonds
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

9) The condition of indirect taxes in the country's revenue is approximately

(A) 70 percent
(B) 75 percent
(C) 80 percent
(D) 86 percent
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

B

Babita • 7.55K Points
Tutor III

10) Deficit financing means that the government borrows money from the

(A) RBI
(B) local bodies
(C) big businessmen
(D) IMF
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

Share in MCQ Buddy Groups

Share

You are learning MCQ Questions of BANK PO Department : 116 | Page : 1

Departments: Each department has 200 Multiple choice questions.

Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.

Image

MCQ Buddy is a community website which helps students in learning new questions, topics, hindi questions, programming questions, cbse questions. These questions are shared by registered users. You can also share question in this portal. Sign Up to share, upvote, add solution/explation of any question.
Sharing is Caring. Help other students by sharing questions, update solutions/explanations of questions added.