{"id":5545,"date":"2023-07-10T07:16:11","date_gmt":"2023-07-10T12:46:11","guid":{"rendered":"https:\/\/studybizz.com\/exams\/?p=5545"},"modified":"2023-07-10T07:16:15","modified_gmt":"2023-07-10T12:46:15","slug":"indian-economy-mcq-question-and-answers-part-4-by-studybizz","status":"publish","type":"post","link":"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/","title":{"rendered":"Indian Economy MCQ Question and Answers Part-4 by studybizz"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #34568b;color:#34568b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #34568b;color:#34568b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#1_The_supply-side_economics_which_always_gets_attention_in_Indian_lays_greater_emphasis_on_the_point_of_view_of%E2%80%94%E2%80%94\" >1. The supply-side economics, which always gets attention in Indian, lays greater emphasis on the point of view of&#8212;&#8212;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#2_In_India_the_term_National_Income_represents\" >2. In India the term National Income represents:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#3_To_know_whether_the_rich_are_getting_richer_and_the_poor_getting_poorer_it_is_necessary_to_compare\" >3. To know whether the rich are getting richer and the poor getting poorer, it is necessary to compare---<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#4_Tourism_industry_in_India_is_quite_small_compared_to_many_other_countries_in_terms_of_its_potential_and_size_Which_one_of_the_following_statements_is_correct_in_this_regard\" >4. Tourism industry in India is quite small compared to many other countries in terms of its potential and size. Which one of the following statements is correct in this regard?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#5_Consider_the_following_statements_about_the_idea_of_micro-finance_in_india_and_select_the_corret_ones_using_the_code_given_below\" >5. Consider the following statements about the idea of 'micro-finance' in india and select the corret ones using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#6_Match_List-I_with_List-2_correctly_and_select_your_answer_using_the_code_given_below\" >6. Match List-I with List-2 correctly and select your answer using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#7_What_is_incorrect_about_a_rights_issue\" >7. What is incorrect about a rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#8_Select_the_correct_oneones_out_of_the_statements_given_below_using_the_code_given_below\" >8. Select the correct one\/ones out of the statements given below using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#9_Select_the_incorrect_function_of_the_Export_Credit_Guarantee_Corporation_ECGC\" >9. Select the incorrect function of the Export Credit Guarantee Corporation (ECGC):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#10_Select_the_incorrect_oneones_about_the_public_sector_insurance_companies_in_India_using_the_code_given_below\" >10. Select the incorrect one\/ones about the public sector insurance companies in India using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#11_Select_the_correct_oneones_about_the_re-insurance_market_in_India_using_the_code_given_below\" >11. Select the correct one\/ones about the re-insurance market in India using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#12_Select_the_correct_statements_about_countervailing_duty_using_the_code_given_below\" >12. Select the correct statements about 'countervailing duty' using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#13_Consider_the_following_statements_related_to_certain_concepts_of_economic_management_which_keep_frequently_appearing_in_the_new\" >13. Consider the following statements related to certain concepts of economic management which keep frequently appearing in the new__<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#14_How_can_a_foreign_company_set_up_business_operations_in_India_Select_the_correct_code_given_below\" >14. How can a foreign company set up business operations in India? Select the correct code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#15_Select_the_correct_oneones_about_net_income_of_a_corporate_body_-_by_using_code_given_below\" >15. Select the correct one\/ones about 'net income' of a corporate body - by using code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#16_Select_the_incorrect_one_about_recession_as_it_is_perceived_in_India\" >16. Select the incorrect one about 'recession' as it is perceived in India.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#17_Which_of_the_following_may_be_considered_correct_about_zero-based_budgeting\" >17. Which of the following may be considered correct about 'zero-based budgeting'?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#18_Select_the_correct_reasonreasons_why_the_governments_impose_taxes_using_the_code_given_below\" >18. Select the correct reason\/reasons why the governments impose taxes, using the code given below.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#19_Purchase_tax_was_recently_in_newsselect_the_correct_statements_about_it_using_the_code_given_below\" >19. Purchase tax was recently in newsselect the correct statements about it, using the code given below:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/#20_Income_tax_in_India_is\" >20. Income tax in India is:<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_The_supply-side_economics_which_always_gets_attention_in_Indian_lays_greater_emphasis_on_the_point_of_view_of%E2%80%94%E2%80%94\"><\/span><strong>1. The supply-side economics, which always gets attention in Indian, lays greater emphasis on the point of view of&#8212;&#8212;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) Producer<\/p>\n\n\n\n<p>b) Global economy<\/p>\n\n\n\n<p>c) Consumer<\/p>\n\n\n\n<p>d) Middle-man<\/p>\n\n\n\n<style>\n.collapsible1 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible1:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible1\">Show Answer<\/button>\n<div class=\"content\">\n  <p> a) Producer <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible1\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_In_India_the_term_National_Income_represents\"><\/span><strong>2. In India the term National Income represents:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) Gross national product at constant prices minus depreciation plus net factor income from abroad<\/p>\n\n\n\n<p>b) Gross national product at constant prices minus depreciation plus net factor income from abroad<\/p>\n\n\n\n<p>c) Gross national product at market prices minus depreciation and indirect taxes plus subsidies and net factor income from abroad<\/p>\n\n\n\n<p>d) Gross national product at constant prices minus net factor income from abroad.<\/p>\n\n\n\n<style>\n.collapsible2 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible2:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible2\">Show Answer<\/button>\n<div class=\"content\">\n  <p> a) Gross national product at constant prices minus depreciation plus net factor income from abroad <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible2\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_To_know_whether_the_rich_are_getting_richer_and_the_poor_getting_poorer_it_is_necessary_to_compare\"><\/span><strong>3. To know whether the rich are getting richer and the poor getting poorer, it is necessary to compare---<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) The wholesale price index over different periods of time for different regions<\/p>\n\n\n\n<p>b) The distribution of income of an identical set income recipients in different periods of time<\/p>\n\n\n\n<p>c) The distribution of income of different sets of income recipients at a point of time<\/p>\n\n\n\n<p>d) The availability of food grains among two sets of people, one rich and the other poor, over different periods of time.<\/p>\n\n\n\n<style>\n.collapsible3 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible3:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible3\">Show Answer<\/button>\n<div class=\"content\">\n  <p> b) The distribution of income of an identical set income recipients in different periods of time <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible3\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Tourism_industry_in_India_is_quite_small_compared_to_many_other_countries_in_terms_of_its_potential_and_size_Which_one_of_the_following_statements_is_correct_in_this_regard\"><\/span><strong>4. Tourism industry in India is quite small compared to many other countries in terms of its potential and size. Which one of the following statements is correct in this regard? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Select your answer using the code given below:<\/strong><\/p>\n\n\n\n<p>1.India has been called by the western tourists as a country of heat and dust<\/p>\n\n\n\n<p>2.India has not marketed its tourism sector methodically.<\/p>\n\n\n\n<p>3.The infrastructural bottlenecks and the law and order situation together with terrorism have been the other reasons<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) 1 and 2 only<\/p>\n\n\n\n<p>b) 2 and 3<\/p>\n\n\n\n<p>c) 1 and 3<\/p>\n\n\n\n<p>d) 1, 2 and 3<\/p>\n\n\n\n<style>\n.collapsible4 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible4:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible4\">Show Answer<\/button>\n<div class=\"content\">\n  <p>b) 2 and 3 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible4\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Consider_the_following_statements_about_the_idea_of_micro-finance_in_india_and_select_the_corret_ones_using_the_code_given_below\"><\/span><strong>5. Consider the following statements about the idea of 'micro-finance' in india and select the corret ones using the code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.Micro-finance is a small-scale financial intermediation, inclusive of savings, credit insurance, business services and technical support provided to the needy borrower<\/p>\n\n\n\n<p>2.The trust of the micro finance initiative is to channelize production and consumption credit in multiple doses based on the obsorption capacity of the propective borrower<\/p>\n\n\n\n<p>3.It has evolved through following different models at different times- a 'charity based model' to a thrift-based mode' and finally to the 'trust and creditworthiness model'<\/p>\n\n\n\n<p>4.It was in Australia where evolved the link between microfinance institutions and the formal financial institutions<\/p>\n\n\n\n<p>Code:<\/p>\n\n\n\n<p>a) 1,2 and 3<\/p>\n\n\n\n<p>b) 2,3 and 4<\/p>\n\n\n\n<p>c) 1,3 and 4<\/p>\n\n\n\n<p>d) 1,2,3 and 4<\/p>\n\n\n\n<style>\n.collapsible5 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible5:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible5\">Show Answer<\/button>\n<div class=\"content\">\n  <p> d) 1,2,3 and 4 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible5\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Match_List-I_with_List-2_correctly_and_select_your_answer_using_the_code_given_below\"><\/span><strong>6. Match List-I with List-2 correctly and select your answer using the code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>List-I(Share Index)<\/strong><\/p>\n\n\n\n<p>A.Kosdaq<\/p>\n\n\n\n<p>B.Bovespa<\/p>\n\n\n\n<p>C.Merval<\/p>\n\n\n\n<p>D.SSE Composite<\/p>\n\n\n\n<p><strong>List-II(Countries)<\/strong><\/p>\n\n\n\n<p>1.Argentina<\/p>\n\n\n\n<p>2.China<\/p>\n\n\n\n<p>3.Brazil<\/p>\n\n\n\n<p>4.S.Korea<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp; A &nbsp;B &nbsp;C &nbsp;D<\/p>\n\n\n\n<p>a) 1 &nbsp;&nbsp;2&nbsp; 3&nbsp; &nbsp;4<\/p>\n\n\n\n<p>b) 4&nbsp; &nbsp;3 &nbsp;1 &nbsp;&nbsp;2<\/p>\n\n\n\n<p>c) 4 &nbsp;&nbsp;1 &nbsp;3 &nbsp;&nbsp;2<\/p>\n\n\n\n<p>d) 4 &nbsp;&nbsp;3 &nbsp;2&nbsp; &nbsp;1<\/p>\n\n\n\n<style>\n.collapsible6 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible6:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible6\">Show Answer<\/button>\n<div class=\"content\">\n  <p>b) 4\u00a0 \u00a03 \u00a01 \u00a0\u00a02 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible6\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_What_is_incorrect_about_a_rights_issue\"><\/span><strong>7. What is incorrect about a rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) First incorrect being given to the existing shareholders while an existing company issues fresh shares<\/p>\n\n\n\n<p>b) Convertible debentures are never issued under this mode<\/p>\n\n\n\n<p>c) Only what is not subscribed can be issued to the public<\/p>\n\n\n\n<p>d) This is just opposite to the public issue<\/p>\n\n\n\n<style>\n.collapsible7 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible7:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible7\">Show Answer<\/button>\n<div class=\"content\">\n  <p> b) Convertible debentures are never issued under this mode <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible7\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_Select_the_correct_oneones_out_of_the_statements_given_below_using_the_code_given_below\"><\/span><strong>8. Select the correct one\/ones out of the statements given below using the code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.Equity capital is the same as ordinary share capital<\/p>\n\n\n\n<p>2.A new company set up by existing companies with track record of atleast five years of consistent profitability is allowed by the SEBI guidelines to issue shares at a premium<\/p>\n\n\n\n<p>3.Money mobilized via premiums is invested in the company<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) 1 and 2<\/p>\n\n\n\n<p>b) 2 and 3<\/p>\n\n\n\n<p>c) 1 and 3<\/p>\n\n\n\n<p>d) 1, 2 and 3<\/p>\n\n\n\n<style>\n.collapsible8 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible8:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible8\">Show Answer<\/button>\n<div class=\"content\">\n  <p> d) 1, 2 and 3 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible8\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9_Select_the_incorrect_function_of_the_Export_Credit_Guarantee_Corporation_ECGC\"><\/span><strong>9. Select the incorrect function of the Export Credit Guarantee Corporation (ECGC):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) Provides a range of credit risk insurance covers to exporters against loss in export of goods and services<\/p>\n\n\n\n<p>b) Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them<\/p>\n\n\n\n<p>c) One of its divisions provides export insurance companies based abroad<\/p>\n\n\n\n<p>d) Provides Overseas Investment Insurance(OII) to Indian companies in India using the code given below:<\/p>\n\n\n\n<style>\n.collapsible9 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible9:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible9\">Show Answer<\/button>\n<div class=\"content\">\n  <p> c) One of its divisions provides export insurance companies based abroad <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible9\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_Select_the_incorrect_oneones_about_the_public_sector_insurance_companies_in_India_using_the_code_given_below\"><\/span><strong>10. Select the incorrect one\/ones about the public sector insurance companies in India using the code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.There are 5 public sector companies involved in offering various general insurance products in India today.<\/p>\n\n\n\n<p>2.There are two dedicated public sector agriculture insurance companies in India today.<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only 1<\/p>\n\n\n\n<p>b) Only 2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible10 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible10:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible10\">Show Answer<\/button>\n<div class=\"content\">\n  <p> b) Only 2 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible10\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"11_Select_the_correct_oneones_about_the_re-insurance_market_in_India_using_the_code_given_below\"><\/span><strong>11. Select the correct one\/ones about the re-insurance market in India using the code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.There is a single re-insurer in the Indian insurance industry<\/p>\n\n\n\n<p>2.IRDA itself functions as the re-insurer in India<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only 1<\/p>\n\n\n\n<p>b) Only 2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible11 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible11:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible11\">Show Answer<\/button>\n<div class=\"content\">\n  <p> a) Only 1 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible11\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12_Select_the_correct_statements_about_countervailing_duty_using_the_code_given_below\"><\/span><strong>12. Select the correct statements about 'countervailing duty' using the code<\/strong> <strong>given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.A tax imposed on import by the importing country to neutralize the benefit of export subsidies offered by the exporting country.<\/p>\n\n\n\n<p>2.It is called anti-dumping duty also and it does not come under the preview of the WTO<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only1<\/p>\n\n\n\n<p>b) Only 2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible12 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible12:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible12\">Show Answer<\/button>\n<div class=\"content\">\n  <p>a) Only1 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible12\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"13_Consider_the_following_statements_related_to_certain_concepts_of_economic_management_which_keep_frequently_appearing_in_the_new\"><\/span><strong>13. Consider the following statements related to certain concepts of economic management which keep frequently appearing in the new__<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.Falling share of industry in the GDP is known as de industrialization<\/p>\n\n\n\n<p>2.Falling saving rate is called as dissaving<\/p>\n\n\n\n<p>3.Disgrorgement is a form of money laundering<\/p>\n\n\n\n<p>4.Demerger is creating more companies out of one company Select the correct ones from list given above, using the code given below:<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) 1 and 2<\/p>\n\n\n\n<p>b) 2 and 3<\/p>\n\n\n\n<p>c) 1,2 and 3<\/p>\n\n\n\n<p>d) 1,2 and 4<\/p>\n\n\n\n<style>\n.collapsible13 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible13:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible13\">Show Answer<\/button>\n<div class=\"content\">\n  <p> c) 1,2 and 3 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible13\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"14_How_can_a_foreign_company_set_up_business_operations_in_India_Select_the_correct_code_given_below\"><\/span><strong>14. How can a foreign company set up business operations in India? Select the correct code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.By setting up a company under the companies Act, 1956, as a joint venture or Wholly Owned Subsidiary.<\/p>\n\n\n\n<p>2.By setting up a Liaison Office\/ Representative Office or a Project Office or a Branch Office of the foreign company<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only1<\/p>\n\n\n\n<p>b) Only2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible14 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible14:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible14\">Show Answer<\/button>\n<div class=\"content\">\n  <p> c) 1 and 2 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible14\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"15_Select_the_correct_oneones_about_net_income_of_a_corporate_body_-_by_using_code_given_below\"><\/span><strong>15. Select the correct one\/ones about 'net income' of a corporate body - by using code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.It is the balance of a company's total income and its total expenditure<\/p>\n\n\n\n<p>2.The profit of a company after paying corporate tax<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only 1<\/p>\n\n\n\n<p>b) Only 2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible15 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible15:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible15\">Show Answer<\/button>\n<div class=\"content\">\n  <p> a) Only 1 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible15\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"16_Select_the_incorrect_one_about_recession_as_it_is_perceived_in_India\"><\/span><strong>16. Select the incorrect one about 'recession' as it is perceived in India.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) A period of general economic decline, defined usually as a contraction in the GDP for two consecutive quarters or longer<\/p>\n\n\n\n<p>b) It is marked by high unemployment, stagnant wages, and fall in retail sales, does not last longer than one year<\/p>\n\n\n\n<p>c) Although recessions are considered a normal part of a capitalist economy, there is no unanimity among economists on its causes<\/p>\n\n\n\n<p>d) Recessions are better than stagnation but worse than slowdown and slackness.<\/p>\n\n\n\n<style>\n.collapsible16 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible16:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible16\">Show Answer<\/button>\n<div class=\"content\">\n  <p> d) Recessions are better than stagnation but worse than slowdown and slackness. <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible16\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"17_Which_of_the_following_may_be_considered_correct_about_zero-based_budgeting\"><\/span><strong>17. Which of the following may be considered correct about 'zero-based budgeting'?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>a) Fresh evaluation of every item of expenditure from the very beginning of each financial year<\/p>\n\n\n\n<p>b) When total expenditure of the government is kept equal to its total receipts<\/p>\n\n\n\n<p>c) When the government goes for zero level primary and monetized deficits.<\/p>\n\n\n\n<p>d) None of the above<\/p>\n\n\n\n<style>\n.collapsible17 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible17:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible17\">Show Answer<\/button>\n<div class=\"content\">\n  <p> a) Fresh evaluation of every item of expenditure from the very beginning of each financial year <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible17\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"18_Select_the_correct_reasonreasons_why_the_governments_impose_taxes_using_the_code_given_below\"><\/span><strong>18. Select the correct reason\/reasons why the governments impose taxes, using the code given below.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.To redistribute the income in the economy<\/p>\n\n\n\n<p>2.To subsidize various private goods<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only 1<\/p>\n\n\n\n<p>b) Only 2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible18 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible18:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible18\">Show Answer<\/button>\n<div class=\"content\">\n  <p>c) 1 and 2 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible18\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"19_Purchase_tax_was_recently_in_newsselect_the_correct_statements_about_it_using_the_code_given_below\"><\/span><strong>19. Purchase tax was recently in newsselect the correct statements about it, using the code given below:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.It has been submitted in the newly launched GST<\/p>\n\n\n\n<p>2.It was paid by traders and manufacturers on their purchases<\/p>\n\n\n\n<p><strong>Code:<\/strong><\/p>\n\n\n\n<p>a) Only 1<\/p>\n\n\n\n<p>b) Only 2<\/p>\n\n\n\n<p>c) 1 and 2<\/p>\n\n\n\n<p>d) Neither 1 nor 2<\/p>\n\n\n\n<style>\n.collapsible19 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible19:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible19\">Show Answer<\/button>\n<div class=\"content\">\n  <p> c) 1 and 2 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible19\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"20_Income_tax_in_India_is\"><\/span><strong>20. Income tax in India is:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1.Progressive and anti-rich<\/p>\n\n\n\n<p>2.Proportional and pro-poor<\/p>\n\n\n\n<p>3.Regressive and anti-poor Select the answer using the code given below:<\/p>\n\n\n\n<p>a) Only 1<\/p>\n\n\n\n<p>b) Only2<\/p>\n\n\n\n<p>c) 1and 3<\/p>\n\n\n\n<p>d) 1,2 and 3<\/p>\n\n\n\n<style>\n.collapsible20 {\n  background-color: #777;\n  color: white;\n  cursor: pointer;\n  padding: 18px;\n  width: 100%;\n  border: none;\n  text-align: left;\n  outline: none;\n  font-size: 15px;\n}\n.active, .collapsible20:hover {\n  background-color: #555;\n}\n.content {\n  padding: 0 18px;\n  display: none;\n  overflow: hidden;\n  background-color: #f1f1f1;\n}\n<\/style>\n<button type=\"button\" class=\"collapsible20\">Show Answer<\/button>\n<div class=\"content\">\n  <p> a) Only 1 <\/p>\n<p> <\/p>\n<\/div>\n<script>\nvar coll = document.getElementsByClassName(\"collapsible20\");\nvar i;\nfor (i = 0; i < coll.length; i++) {\n  coll[i].addEventListener(\"click\", function() {\n    this.classList.toggle(\"active\");\n    var content = this.nextElementSibling;\n    if (content.style.display === \"block\") {\n      content.style.display = \"none\";\n    } else {\n      content.style.display = \"block\";\n    }\n  });\n}\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>1. The supply-side economics, which always gets attention in Indian, lays greater emphasis on the point of view of&#8212;&#8212; a) Producer b) Global economy c) Consumer d) Middle-man Show Answer a) Producer 2. In India the term National Income represents: a) Gross national product at constant prices minus depreciation plus net factor income from abroad&hellip;&nbsp;<a href=\"https:\/\/studybizz.com\/exams\/indian-economy-mcq-question-and-answers-part-4-by-studybizz\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">Indian Economy MCQ Question and Answers Part-4 by studybizz<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":5627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[73,78],"tags":[],"class_list":["post-5545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exams","category-indian-economy"],"_links":{"self":[{"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/posts\/5545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/comments?post=5545"}],"version-history":[{"count":2,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/posts\/5545\/revisions"}],"predecessor-version":[{"id":5628,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/posts\/5545\/revisions\/5628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/media\/5627"}],"wp:attachment":[{"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/media?parent=5545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/categories?post=5545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/studybizz.com\/exams\/wp-json\/wp\/v2\/tags?post=5545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}