HP-TGT-ARTS-COMMISSION-2016 Part-2

Himachal Pradesh-TGT-ARTS-Commission-2016 Paper | Part-2

Himachal Pradesh-TGT-Arts-Commission-2016 Solved Paper

Himachal Pradesh-TGT-Arts-Commission-2016 held on 17.07.2016 fully Solved Paper. These multiple choice questions(MCQs) are helpful in preparing various competitive exams like TET, CTET, LT, TGT, PGT, KVS, VS, NET, SLET and SET.

Exam name  :  Himachal Pradesh TGT ARTS Commission-2016
Conducted By :   HPSSC Hamirpur
Examination Date  :  17.07.2016
Total Question :   200
Total Marks :   200
Question Paper Series  :   SET-C
Post Code  :   505 (C-362)
Time  :  2 Hours

Himachal Pradesh-TGT-ARTS-Commission-2016 Paper | Part-2




Himachal Pradesh-TGT-Arts-COMMISSION-2016 Click Here for Hindi Version
Himachal Pradesh-TGT-Arts-Commission-2016 Fully Solved Question Paper
Post Code-505 (C-362)


Himachal Pradesh-TGT-Arts-Commission-2016
Question : 11-20

Question : 11

VAT scheme is expected to

[A].   Raise prices of foreign goods
[B].   Raise prices of luxury goods
[C].   Lower prices of goods of everyday use
[D].   Avoid repeated payment of duty from the raw materials stage to the final product and thus reduce.


Asked in: HP-TGT-ARTS-Commission-2016



Question : 12

All revenues received, loans raised and money received in repayment of loans by the Union government go into

[A].   Public Account of India
[B].   Contingency Fund of India
[C].   Consolidated Fund of India
[D].   None


Asked in: HP-TGT-ARTS-Commission-2016



Question : 13

If an economy is in equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

[A].   zero
[B].   equal to government income
[C].   largest than government income
[D].   Negative


Asked in: HP-TGT-ARTS-Commission-2016



Question : 14

Which committee was constituted for reforms in tax structure?

[A].   Narsimham Committee
[B].   Chelliaha Committee
[C].   Gadgil Committee
[D].   Kelker Committee


Asked in: HP-TGT-ARTS-Commission-2016



Question : 15

Socialism is in favour of

[A].   Free Competition
[B].   Planned economy
[C].   Unplanned economy
[D].   Equal opportunities


Asked in: HP-TGT-ARTS-Commission-2016



Question : 16

Which of the following is not a cannon of taxation given by Adam Smith ?

[A].   Cannon of Equity
[B].   Cannon of Certainty
[C].   Cannon of Convenience
[D].   Cannon of Elasticity


Asked in: HP-TGT-ARTS-Commission-2016



Question : 17

The best indicator of economic development of any country is

[A].   Its Industrial Development
[B].   Its Gross Production
[C].   Its Agricultural Development
[D].   Its per Caita Income


Asked in: HP-TGT-ARTS-Commission-2016



Question : 18

If Cash Reserve Ratio (CRR) is reduced, supply of money and volume of credit

[A].   Increases
[B].   Decreases
[C].   Remains Constant
[D].   None of these


Asked in: HP-TGT-ARTS-Commission-2016



Question : 19

The Monetary Policy of the country is framed by

[A].   RBI
[B].   Ministry of Finance
[C].   Government of India
[D].   Planning Commission


Asked in: HP-TGT-ARTS-Commission-2016



Question : 20

The focus of Second Five Year was on

[A].   Industry
[B].   Agriculture
[C].   Education
[D].   Reduction of Poverty


Asked in: HP-TGT-ARTS-Commission-2016






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