Economic and Corporate News (Current Affairs): Questions 1047 - 1049 of 1306

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Question number: 1047

» 2017 » November

» Economic and Corporate News » Commerce

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MCQ▾

Question

Which of the following agencies shall be designated as the Nodal Agencies for the SFURTI – Scheme of Fund for Regeneration of Traditional Industries?

(I) Khadi and Village Industries Commission - for Khadi and Village Industry clusters.

(II) Coir Board - Coir based clusters.

(III) Chhattisgarh - Chhattisgarh State Renewable Energy Development Agency (CREDA)

Choices

Choice (4) Response

a.

Only (I)

b.

Only (III)

c.

(I) and (II)

d.

Only (II)

Question number: 1048

» 2017 » November

» Economic and Corporate News » Commerce

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MCQ▾

Question

What are the aims of Inter State Council (ISC)?

Choices

Choice (4) Response

a.

More transfer of financial resources to the states

b.

Advancement of loans to states should be related to as ‘the productive principle’

c.

Decentralization of powers to the states as much as possible.

d.

All a. , b. and c. are correct

Question number: 1049

» 2017 » November

» Economic and Corporate News » Finance

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MCQ▾

Question

Which of the following is incorrect for the function of Finance Commission?

Choices

Choice (4) Response

a.

The distribution between the union and the states regarding tax.

b.

The role of finance commission becomes more important during national and financial emergency in India.

c.

Regarding the principals governing the grant-in-aid of the revenue of state out of the consolidated fund of India.

d.

The First finance commission was constituted in 1951 with Dr. P. V. Rajamannar as chairman.

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