RRB Junior Engineer (JE) Sample Paper: General Awareness (Indian Economy)-10

1. Agricultural income tax is assigned to the State Government by

(a) the Finance Commission
(b) the National Development Council
(c) the Inter-state Council
(d) the Constitution of India

2. Arrange the following states in descending order with respect to urban population.

Choose your answer from the following codes.

A. Tamil Nadu
B. Uttar Pradesh
C. Maharashtra
D. West Bengal

(a) A, B, C, D
(b) B, A, C, D
(c) C, B, A, D
(d) C, A, B, D

3. Bank Rate implies the rate of interest

(a) paid by the Reserve Bank of India on the deposits of commercial banks.
(b) charged by banks on loans and advances
(c) payable on bonds
(d) at which the Reserve Bank of India discounts the Bills of Exchange

4. Capital Account Convertibility of the Indian Rupee implies

(a) that the Indian Rupee can be exchanged by the authorized dealers for travel
(b) that the Indian Rupee can be exchanged for any major currency for the purpose of trade in goods and services
(c) that the Indian Rupee can be exchanged for any major currency for the purpose of trading financial assets
(d) none of the above

5. Consider the following statements.

A. National Thermal Power Corporation has diversified into hydropower sector
B. Power Grid Corporation of India has diversified in telecom sector

Which of the statements given above is/are correct?

(a) A only
(b) B only
(c) both A and B
(d) neither A nor B

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1(d), 2(a), 3(d), 4(c), 5(c)