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Which is the most important source of income for Government of India ?

  • Interest
  • Licence fee
  • Income tax
  • Excise duty

Answer: Option D

Similar Questions :

1. 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? :)

2. The best indicator of economic development of any country is ?

  • Its agriculture
  • Its transport
  • Its gross production
  • Its per capita income

Answer: Option D

3. India holds the third position in production of Sugar cane.

  • True
  • False

Answer: Option B

Explanation:

India holds the first position in production of Sugar cane and the sugar.

4. General Insurance Corporation (GIC) was established in ?

  • 1971
  • 1972
  • 1973
  • 1974

Answer: Option B

Explanation:

General Insurance Corporation (GIC) was established in November 1972.

5. Balance sheet shows

  • Assets
  • Liabilities
  • Both assets and liabilities
  • Neither of them

Answer: Option C

Read more from - Indian Economy Questions Answers
Post a comment

  • Ravindra Chavan 9 years ago

    Its income tax

  • Happy Boy 10 years ago

    Tooo many repetition ....

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