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Question Detail
Planning Commission was constituted on ?
- 15 March, 1948
- 15 March, 1949
- 15 March, 1950
- 15 March, 1951
Answer: Option C
Explanation:
The Prime Minister is the ex-officio Chairman of this Commission.
1. Life Insurance Corporation (LIC) of India was established in ?
- 1955
- 1956
- 1957
- 1958
Answer: Option B
Explanation:
Life Insurance Corporation (LIC) of India was established in September 1956.
2. Which industry is the largest ?
- Handloom
- Sports
- Music
- Textile
Answer: Option D
Explanation:
Textile industry is the largest industry in the country. The share of Textile and clothing in total industrial production is approx 14%. It provides employment to more than 350 lakh people.
3. Contribution of agriculture to Gross National Product is approximately ?
- 14%
- 15%
- 16.5%
- 17.5%
Answer: Option D
4. India is largest producer of Sponge Iron in the world ?
- True
- False
Answer: Option A
Explanation:
When ever there is question of True and False, most of times its answer is True, why so? :)
5. Sales Tax is
- Direct Tax
- Indirect Tax
- Tax imposed by central government
- Tax imposed by state government
Answer: Option B
Explanation:
Direct Taxes are : Income Tax, Property Tax, Gift Tax etc.
Indirect Taxes are : Sales Tax, Excise Tax, Custom Duty etc.
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